South Korea

Asian nations woo couples at the Bride Show

BrideShow-AbuDhabiSouth Korea is a key tourism and business destination for UAE and the entire Middle-East, said Kim Baeho, Regional Director of Visit Korea, who was here in the city for participating in the Bride Show Abu Dhabi. The country recently concluded nuclear deal with South Korea which further boosted their trade and diplomatic ties.

Training scheme for nuclear staff declared by Universities

UAE-KoreaAccording to recent reports, Emiratis will hold up to 60 per cent of jobs available in nuclear energy power plants.

Up till now, 40 Emirati students have won scholarships to study nuclear energy via a $20.4 billion nuclear power contract signed between the UAE and South Korea to create partnerships in research, education and vocational training in nuclear energy.

Korea Gets UAE Nuclear Plants Project

United Arab Emirates, in a highly competitive bidding process, has awarded its landmark nuclear power project to a Korean-led consortium on Sunday, which is aimed to build four nuclear reactors in UAE for ensuring its long term energy security.

A Korean consortium led by Korea Electric Power Corp (Kepco) watched stiff competition from Asian, French and US bidders for marking the first ever international deal in Asia with the help of Samsung and Hyundai business groups and Toshiba Corp’s unit Westinghouse Electric Co.

S Korea's President in Dubai to discuss Nuclear Deal

UAE's one of the world's biggest nuclear power plant contracts has been attracting companies across the globe as no one wants to miss the opportunity to bag the contract worth $40 billion aimed to develop several nuclear reactors.

South Korean President Lee Myung-bak would land in the United Arab Emirates Saturday in an apparent attempt to make diplomatic pressure on the UAE government to win the project by a South Korean consortium.

South Korea making efforts to win $40 bln foreign plant orders

Sunday saw South Korea announcing that it is moving ahead to acquire its target of winning 40 billion of overseas construction orders this year. The company, which is hopeful that there would rebound in commodity and oil prices, is set to revive plant-building projects.

The orders for oil refineries and infrastructure facilities would also increase with Government stimulus spending in Malaysia, Indonesia, Singapore and India.