News

Egypt’s President Sisi Approves Construction of First Nuclear Plant

Egypt’s President Sisi Approves Construction of First Nuclear Plant

54dcec4b17e66_p

Egypt’s President Abdel Fattah Al-Sisi has signed off on commencing work on the country’s first nuclear reactor in Dabaa, west of Alexandria.

On Thursday, President Sisi met with the CEO of the Russian owned Rosatom State Atomic Energy, Sergei Kiriyenko, to discuss the financial and technical requirements to construct the nuclear plant.

“Both the ministers of electricity and finance vouched for the benefits of the Russian nuclear power plant,” said a statement released by Egypt’s Presidency.

Plans for Russia to construct the nuclear plant were first announced at Al-Qubba Presidential Palace during a visit of Russian President Putin to Egypt in February 2015.

Construction of the nuclear plant is scheduled to commence in 2016 and will be completed by 2020. The Russian company will build four reactors, while another four are currently up for an international tender.

The nuclear plant is expected to produce 9,600 megawatts of electricity for Egypt.

All Egypt Air Flights to Russia Banned
Egypt Raises the Pound by 0.20, Brings it Back to 7.73 Against Dollar

Subscribe to our newsletter


News

More in News

Credit: Martin Roemers/Anastasia Photo

Professors and Doctors Among 45 Arrested in Egypt Organ Trafficking Ring

Egyptian StreetsDecember 6, 2016
05black

Egypt’s Foreign Reserves Rise to $US 23 Billion

Egyptian StreetsDecember 6, 2016
1200x-1-1024x697-1

Naguib Sawiris Steps Down as CEO of Orascom in Surprise Resignation

Egyptian StreetsDecember 6, 2016
One of the leaked images allegedly from a Heinz Egypt factory.

Senior Heinz Egypt Employee Arrested After 62 Tonnes of Rotten Tomatoes Found

Egyptian StreetsDecember 6, 2016
sticlute-de-parfum-2

Import Tariffs on 320 Goods Increased by up to 60 Percent in Egypt

Aswat MasriyaDecember 5, 2016
One of the leaked images allegedly from a Heinz Egypt factory.

‘Disgusting Video’ of Ketchup Production Called Misleading by Heinz Egypt

Egyptian StreetsDecember 4, 2016
squashwomen

Egypt’s Women Make Squash History Taking Top Three Spots in World Ranking

Egyptian StreetsDecember 4, 2016
Protesters gather to demonstrate Egypt's decision to declare two Red Sea islands as Saudi Arabian. Khaled Ali, pictured, brought a case to the Administrative Court against the decision. Credit: Belal Darder

Egypt’s Constitutional Court Rules Against Interior Minister Authority to Ban Protests

Aya NaderDecember 3, 2016
Egyptian Streets is an independent, young, and grass roots news media organization aimed at providing readers with an alternate depiction of events that occur on Egyptian and Middle Eastern streets, and to establish an engaging social platform for readers to discover and discuss the various issues that impact the region.

© 2016 ES Media UG. All Rights Reserved.