.....build and run the Arab world's first nuclear-power plants.
I know that UAE is not a threatening power currently, but give them nucular power and they may "assist" their Muslim brothers who would love to have nukes.
If you can read the whole article you will see that they will be buying their fuel from established commercial enrichment countries under the watchful eyes of the International Atomic Energy Agency.
It is no guarantee but unless you have enrichment technology it is pretty tough to get into the bomb business.
Yes you could get Plutonium from spent fuel but that is a dangerous and dirty business and commercial nuclear power plants are inefficient at producing Plutonium.