UAE Inks Deal For Nuclear Plants The United Arab Emirates — one of the world's leading oil producers — is making a push into nuclear energy. The UAE announced a deal to build four civilian nuclear power plants Sunday. They would be the first such plants in the Middle East. Officials awarded the project to a consortium of South Korean companies.
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UAE Inks Deal For Nuclear Plants

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UAE Inks Deal For Nuclear Plants

LINDA WERTHEIMER, Host:

NPR's business news starts with a nuclear power project in the Middle East.

(SOUNDBITE OF MUSIC)

WERTHEIMER: Officials awarded the project to a consortium of South Korean companies. They beat out bids from France and the U.S. The American consortium included General Electric. The project is worth about $20 billion, making it one of the biggest energy deals this year and the first international deal for South Korea's nuclear industry.

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