Russian State-Owned Rosatom To Build Egyptian Nuclear Power Plant

The Russia and Egypt have agreed to begin constructing Egypt's first nuclear power plant, report Ahram (Egypt).

Russian President Vladimir Putin and Egyptian President Abdel-Fattah el-Sissi attended the ceremony in Cairo Monday. Egypt's minister of electricity and director general of Russian state atomic energy corporation Rosatom signed the document to start the project.

Under the agreement, Russia will provide 85 percent of the construction costs for the nuclear plant in...