Arab Finance: President Abdel Fattah El-Sisi held talks with Alexey Likhachev, Director General of the Russian State Atomic Energy Corporation (Rosatom), and reviewed progress on the construction of the El Dabaa Nuclear Power Plant.
On the sidelines of the third Russia-Africa Summit in Moscow, President El-Sisi said this project aligns with Egypt’s objectives to increase renewable energy production and raise its share in the overall energy mix.
He stressed the importance of joint coordination to ensure the project is implemented according to the set timelines in order to meet the state’s electricity and energy needs.
For his part, Likhachev affirmed Rosatom’s commitment to exerting its utmost effort to ensure the project is completed to the highest standards. He also outlined an overview of the current status of the project, detailing the milestones achieved to date.
Rosatom previously announced that Egypt has become the largest recipient of financing among the company's nuclear projects worldwide.
In his meeting with President El-Sisi at the Kremlin Palace, Russian President Vladimir Putin earlier highlighted that the trade volume between Egypt and Russia grew by 14% in the first eight months of 2026, exceeding $10 billion for the first time.
