The United Arab Emirates is considering investments in Europe's nuclear power segment, approaching several European nations to gauge their receptivity to a collaboration, sources familiar with the talks told Reuters this week. The UAE has discussed the possibility of its state-owned Emirates Nuclear Energy Company
has aspirations of expanding its area of operations, becoming an international nuclear energy company that holds minority stakes in other countries. Its aspirations stop short of wanting to manage or operate those stakes, ending with minority ownership only. The move would help the oil-rich nation diversify its economy away from fossil fuels.
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