Egypt and Russia today signed a final contract for the building of Egypt's first nuclear power plant, during a visit to Cairo by Russian President Vladimir Putin. <br/><br/>The contract to build the plant in Dabaa on the Mediterranean coast was signed in Cairo during a live ceremony shown on state television and attended by the Russian President Vladimir Putin and his Egyptian counterpart Abdel Fattah al-Sisi.<br/>'<br/>The contract was signed by the head of Russian state nuclear company Rosatom, Alexei Likhachev, and Egypt's electricity and renewable energy minister, Mohamed Shaker. Egyptian media reports put the cost of the plant at around USD 30 billion.<br/>'<br/>'''''<br/>
News On AIR | December 11, 2017 11:46 PM
Egypt, Russia sign contract for Egypt's first nuclear plant