• Monday, 22 February 2021

    What we’re tracking on 22 February 2021

    Good afternoon, everyone — we hope your Monday was as chill and uneventful as the news today. BIGGEST LOCAL STORY OF THE DAY- Egypt will be receiving 300k doses of the Chinese Sinopharm vaccine tonight as a gift from Beijing...
  • Sunday, 18 October 2020

    Dabaa nuclear power plants could generate 4x returns for Egypt -Rosatom

    The Dabaa nuclear power plant is expected to generate returns worth 4x the amount spent on its construction, Alexander Voronkov, CEO of Rosatom's Middle East unit, said in an interview with state news agency MENA. According to Voronkov, the project...
  • Sunday, 31 May 2020

    What we’re tracking on 31 May 2020

    …And we’re back, ladies and gentlemen. We hope all of you enjoyed the past nine days off as much as we did — and are enjoying the simple pleasure of facing a new workweek with a cup of coffee in...
  • Monday, 13 April 2020

    Russian companies to invest USD 1.5 bn in Egypt this year

    INVESTMENT WATCH- Russian companies plan to invest USD 1.5 bn in Egypt this year: Unnamed Russian companies are planning to invest a combined USD 1.5 bn in agriculture, railway infrastructure, automobile manufacturing and shipbuilding in Egypt this year, Russian Trade...
  • Tuesday, 7 April 2020

    Rosatom signs 10-year contract to supply nuclear components for Sharqia reactor

    Russian state nuclear energy corporation Rosatom has signed a 10-year contract with the Egyptian Atomic Energy Authority to supply low-enriched nuclear fuel components for the ETRR-2 nuclear reactor in Sharqia governorate, according to a company statement. The components include uranium...
  • Sunday, 23 February 2020

    Russia, Belarus eye potential cooperation on constructing Egypt’s Dabaa plant

    Russia and Belarus are in talks over potentially cooperating on the construction of Egypt’s Dabaa nuclear power plant, according to Belarusian news agency Belta. It is unclear what form this partnership would take. Hassan Allam, Petrojet, and Arab Contractors have...
  • Tuesday, 17 December 2019

    Russia’s Rosatom to re-launch Dabaa site protection tender early next year

    Russia’s Rosatom is planning to re-launch a tender to protect the Dabaa nuclear power plant site from groundwater by the end of January or early February, according to Al Mal. Rosatom canceled earlier this month the original tender for local...
  • Sunday, 13 October 2019

    Rosatom considers establishing factories in Egypt to produce Dabaa components

    Rosatom is considering establishing factories with Egyptian companies to manufacture components for the Dabaa nuclear plant, company sources have said, according to Al Mal. Rosatom subsidiary Atomstroyexport (ASE) has reportedly visited a number of factories and businesses in Egypt to...
  • Thursday, 10 October 2019

    Rosatom to break ground on Egypt’s Dabaa plant by mid-2020

    Rosatom’s Atomstroyexport (ASE) expects to break ground on the construction of the USD 30 bn Dabaa nuclear power plant by mid-2020, ASE Egypt director Anatoly Kovtunov tells Al Mal. Kovtunov said earlier this week that the company plans to issue...

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