Barakah Unit 4 receives operating licence
17 November 2023
The UAE’s nuclear regulator has issued a 60-year operating licence for the fourth unit of Abu Dhabi’s Barakah nuclear power plant facility.
This was announced on 17 November by Hamad al-Kaabi, the UAE permanent representative to the International Atomic Energy Agency (IAEA) and deputy chairman of the Federal Authority for Nuclear Regulation (FANR).
MEED reported in June this year that the fourth unit of the Barakah nuclear power plant was undergoing pre-operational assessments in preparation for receiving its operating licence and the start of fuel load.
Boosting capacity
Once commercially operational, unit 4 will raise the Barakah plant’s total clean electricity generation capacity to 5,600MW, equivalent to 25 per cent of the UAE’s electricity needs.
Each of the plant's four nuclear reactors can generate 1,400MW of electricity. Once complete, the plant is expected to deliver more than 40 terawatt hours (TWh) of electricity a year.
The plant’s first three units are now operational, with the third reactor reaching commercial operation earlier this year. FANR has issued a 60-year operating licence for each unit.
The second unit started commercial operations and was linked to the UAE grid in March last year.
Emirates Nuclear Energy Corporation (Enec) was established in 2009 to build and operate the nuclear power plant. An Enec subsidiary, Nawah Company, operates the plant. Construction started in 2010.
Nuclear pivot
In January, it was reported that Abu Dhabi plans to invest up to $30bn in South Korea’s nuclear power, defence, hydrogen and solar energy industries.
This was followed by the signing of a nuclear cooperation deal between the two countries’ main nuclear companies, Korea Hydro & Nuclear Power (KHNP) and Enec.
Other areas of cooperation include future technology development and joint research, such as small modular and micro-reactors.
Korea’s Nuclear Safety & Security Commission (NSSC) also signed an administrative agreement with FANR that will lead to a simplified nuclear export permit procedure between the two countries.
This development confirmed some analysts’ expectations that the $100bn US-UAE Partnership for Accelerating Clean Energy (Pace) announced in November 2022 will primarily support the UAE’s nuclear energy pivot.
Korea Power Corporation (Kepco) is the prime contractor for the Barakah nuclear power plant.
Exclusive from Meed
-
UAE GDP projection corrects on conflict24 April 2026
-
April 2026: Data drives regional projects24 April 2026
-
Boutique Group tenders Tuwaiq Palace hotel in Riyadh24 April 2026
-
Firms announce 129MW Dubai data centre24 April 2026
-
Iraq signs upstream oil contract24 April 2026
All of this is only 1% of what MEED.com has to offer
Subscribe now and unlock all the 153,671 articles on MEED.com
- All the latest news, data, and market intelligence across MENA at your fingerprints
- First-hand updates and inside information on projects, clients and competitors that matter to you
- 20 years' archive of information, data, and news for you to access at your convenience
- Strategize to succeed and minimise risks with timely analysis of current and future market trends
Related Articles
-
UAE GDP projection corrects on conflict24 April 2026

MEED’s May 2026 report on the UAE includes:
> COMMENT: Conflict tests UAE diversification
> GVT &: ECONOMY: UAE economy absorbs multi-sector shock
> BANKING: UAE banks ready to weather the storm
> ATTACKS: UAE counts energy infrastructure costs
> UPSTREAM: Adnoc builds long-term oil and gas production potential
> DOWNSTREAM: Adnoc Gas to rally UAE downstream project spending
> POWER: Large-scale IPPs drive UAE power market
> WATER: UAE water investment broadens beyond desalination
> CONSTRUCTION: War casts shadow over UAE construction boom
> TRANSPORT: UAE rail momentum grows as trade routes face strainTo see previous issues of MEED Business Review, please click herehttps://image.digitalinsightresearch.in/uploads/NewsArticle/16554417/main.gif -
April 2026: Data drives regional projects24 April 2026
Click here to download the PDF
Includes: Commodity tracker | Top 10 global contractors | Brent spot price | Construction output
MEED’s May 2026 report on the UAE includes:
> COMMENT: Conflict tests UAE diversification
> GVT &: ECONOMY: UAE economy absorbs multi-sector shock
> BANKING: UAE banks ready to weather the storm
> ATTACKS: UAE counts energy infrastructure costs
> UPSTREAM: Adnoc builds long-term oil and gas production potential
> DOWNSTREAM: Adnoc Gas to rally UAE downstream project spending
> POWER: Large-scale IPPs drive UAE power market
> WATER: UAE water investment broadens beyond desalination
> CONSTRUCTION: War casts shadow over UAE construction boom
> TRANSPORT: UAE rail momentum grows as trade routes face strainTo see previous issues of MEED Business Review, please click herehttps://image.digitalinsightresearch.in/uploads/NewsArticle/16553627/main.gif -
Boutique Group tenders Tuwaiq Palace hotel in Riyadh24 April 2026

Saudi Arabia’s Boutique Group, backed by the sovereign wealth vehicle Public Investment Fund (PIF), has retendered a contract to convert Tuwaiq Palace in Riyadh into a hotel.
Contractors have been given a deadline of 31 May to submit proposals.
The scheme comprises 40 hotel rooms and suites and 56 one- and two-bedroom villas.
According to regional projects tracker MEED Projects, the contract was first tendered in 2022.
In January of that year, Crown Prince Mohammed Bin Salman launched Boutique Group to manage and convert historic and cultural Saudi palaces into ultra-luxury hotels.
Boutique Group’s first phase covers three palaces, two of which are under construction. Al-Hamra Palace in Jeddah is being converted to include 33 suites and 44 villas. In July 2023, MEED reported that Jeddah-based Al-Redwan Contracting was appointed the main contractor for the Al-Hamra Palace conversion.
The other project is the Red Palace in Riyadh, which will feature 46 suites and 25 guest rooms. In 2023, local contractor Mobco won the contract to undertake the project.
In 1957, the Red Palace became the headquarters of the Council of Ministers for 30 years, and later served as the main office for the Board of Grievances until 2002.
Jordan-headquartered Dar Al-Omran is acting as supervision consultant on all three projects.
Photo credits: Omrania
MEED’s April 2026 report on Saudi Arabia includes:
> COMMENT: Risk accelerates Saudi spending shift
> GVT &: ECONOMY: Riyadh navigates a changed landscape
> BANKING: Testing times for Saudi banks
> UPSTREAM: Offshore oil and gas projects to dominate Aramco capex in 2026
> DOWNSTREAM: Saudi downstream projects market enters lean period
> POWER: Wind power gathers pace in Saudi Arabia
> WATER: Sharakat plan signals next phase of Saudi water expansion
> CONSTRUCTION: Saudi construction enters a period of strategic readjustment
> TRANSPORT: Rail expansion powers Saudi Arabia’s infrastructure pushTo see previous issues of MEED Business Review, please click herehttps://image.digitalinsightresearch.in/uploads/NewsArticle/16549695/main.jpg -
Firms announce 129MW Dubai data centre24 April 2026
Dubai’s Integrated Economic Zones Authority (DIEZ) has signed a joint-venture agreement with Netherlands-headquartered data centre developer Volt to build a new artificial intelligence (AI)-ready data centre in the emirate.
Planned for Dubai Silicon Oasis, the development will take the form of a campus covering up to 60,000 square metres.
The project will be delivered in two phases, starting with 29MW of immediately available capacity, followed by a second phase adding a further 100MW of committed power.
Under the arrangement, DIEZ will supply the land and essential infrastructure, while Volt will finance and develop the project, lead construction, and manage the design, leasing, implementation and day-to-day operations.
French firm Schneider Electric, which has its regional headquarters in Dubai Silicon Oasis, will support the development by supplying advanced electrical systems, power distribution capabilities and smart data centre infrastructure.
The GCC currently has more than 174 active data centre projects, representing over $93bn in investment, led by international players such as AWS, Google and Huawei, alongside regional developers including Khazna and Moro, supported by government-led localisation strategies.
More than a dozen large-scale facilities valued at over $100m each are currently under tender, with further packages expected to reach the market over the next six to 12 months.
The UAE is one of the leading data centre markets, with hyperscale campuses, sovereign cloud initiatives and edge data centre deployments underway.
Data centre development is closely aligned with the UAE’s digital economy and AI roadmap, as well as the wider smart city programme.
Priorities include hyperscale and colocation facilities to support cloud service providers; edge data centres to reduce latency and enable 5G and IoT use cases; energy-efficient designs using advanced cooling, modular construction and renewables; and strategic partnerships between global hyperscalers, local developers and utilities.
https://image.digitalinsightresearch.in/uploads/NewsArticle/16548972/main.JPG -
Iraq signs upstream oil contract24 April 2026
State-owned Iraqi Drilling Company (IDC) has signed a contract with China’s EBS Petroleum for a project to drill 17 horizontal wells in the southeastern portion of the East Baghdad field.
Mohamed Hantoush, the general manager of IDC, said the contract signing came after a “series of successful achievements” by the company at the field.
The achievements included the completion of a project to drill 27 horizontal wells and another project to drill 18 horizontal wells, according to a statement released by Iraq’s Ministry of Oil.
In January, Iraq’s Midland Oil Company (MOC), in collaboration with EBS Petroleum, completed the country’s longest horizontal oil well in the southern part of the East Baghdad field.
The well, which was called EBMK-8-1H, reached a total depth of 6,320 metres, and had a 3,535-metre horizontal section, making it the country’s largest horizontal well ever drilled.
Senior officials from the Iraqi Oil Ministry and representatives of EBS Petroleum attended the well’s completion ceremony.
EBS Petroleum is a subsidiary of China’s ZhenHua Oil, which is focused on Iraq.
ZhenHua Oil is the operator of the field and is working with Iraqi partners to oversee the field’s development.
https://image.digitalinsightresearch.in/uploads/NewsArticle/16543675/main4942.jpg
