MENA Project Tracker: Work on UAE’s Barakah nuclear plant 97% complete

MENA Project Tracker: Work on UAE’s Barakah nuclear plant 97% complete

RIYADH: Work on the UAE’s Barakah Nuclear Plant is almost complete. In addition, Saudi Arabia’s Mohammed bin Salman Foundation has appointed Australia’s Conrad Gargett for its headquarters project. Also, UAE’s Masdar and Egypt’s Infinity Energy are on track to acquire a majority stake in Lekela Power. Meanwhile, the Kuwait Oil Co is in talks with the Central Agency for Public Tenders to restart the second phase of price negotiations for a large contract that has already been delayed multiple times. · Emirates Nuclear Energy Corporation has announced that the work on the Barakah Nuclear Energy Plant, which is being established in collaboration with Korea Electric Power Corporation, is 97 percent complete, Trade Arabia reported. This comes as the first two units are already operational and generate electricity daily. On the other hand, the third phase is set to become operational in the near future. · The Mohammed bin Salman Foundation, also known as Misk, has awarded Australian architectural practice Conrad Gargett for the Foundation Headquarters in Saudi Arabia, Trade Arabia reported. The scope of work will include the construction of 500 villas and townhouses and 6,000 apartments catering to an estimated 18,000 potential residents. · UAE-government owned renewable energy company