Final Dabaa contracts to be signed on 30 June? The drafting the four contracts for the USD 30 bn Dabaa nuclear power plant is now complete and the contracts could be signed during the upcoming celebration of the 30 June Revolution, an Electricity Ministry source tells Youm7. According to the source, the only thing pending is President Abdel Fattah El Sisi setting a date with Russia’s Rosatom. El Sisi was reportedly expected to receive two of the four contracts this week for review. As we note every time this story surfaces, we’ll believe it when we see the signatures on the dotted line.
More from Enterprise
Banque du Caire’s blockbuster IPO holds firm against EGX selloff
The IFC and the EBRD are in for USD 100…
Electricity Ministry studies changing how your electricity bill gets calculated
The plan is still under study, and neither of the…
Egypt’s funds crossed EGP 500 bn in 3Q on retail money and a stalling core
Money market funds stalled while retail piled into equity, index,…
DPI closes Egypt-born fintech fund Nclude at USD 112 mn
The final close adds roughly USD 7 mn to a…