Phantom or not, the Dabaa nuclear power plant is probably not our best idea. Taking to the pages of Al Masry Al Youm, Amr El Zant says that the plant will hardly give us bang for our buck, particularly when compared to the cost and output of renewable energy projects. El Zant then proceeds through an odd digression about how, hey, if we’re going to embrace nuclear power, we should produce the reactors locally before concluding that a lackadaisical attitude toward safety and precision could lead us down the road of meltdown.
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…
EGX30 sheds 4.43% in October to post its first back-to-back monthly loss of 2026
The benchmark fell 4.43% and the small caps twice as…
DPI closes Egypt-born fintech fund Nclude at USD 112 mn
The final close adds roughly USD 7 mn to a…