{"id":613991,"date":"2024-01-24T00:00:00","date_gmt":"2024-01-24T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2024\/01\/24\/construction-of-dabaas-last-nuclear-reactor-gets-underway\/"},"modified":"2024-01-24T00:00:00","modified_gmt":"2024-01-24T00:00:00","slug":"construction-of-dabaas-last-nuclear-reactor-gets-underway","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2024\/01\/24\/construction-of-dabaas-last-nuclear-reactor-gets-underway\/","title":{"rendered":"Construction of Dabaa\u2019s last nuclear reactor gets underway"},"content":{"rendered":"

Welcome to the last day of a forgivingly short work week. <\/strong>The public and private sectors<\/a> along with the banks<\/a> have tomorrow off in observance of Police Day and the 25 January revolution. <\/p>\n

And that includes EnterpriseAM Egypt<\/strong>, which will be taking a break from your inbox tomorrow.<\/p>\n

But we'll be back from the long weekend on Sunday with big news as we launch<\/strong> EnterpriseAM KSA.<\/strong> Our newest addition to the Enterprise suite is written for decision makers in Saudi Arabia as well as executives, investors, and others doing business or deploying capital there. It will be published 7am KSA, Sunday through Thursday. You can also check our newly launched EnterpriseAM UAE edition here<\/a>.<\/p>\n

<\/a> <\/p>\n

CIRCLE YOUR CALENDAR- <\/p>\n

<\/a> #1- Attention, bookworms: <\/strong>The Cairo International Book Fair<\/a> opens its doors to thegeneral public starting tomorrow from 10am to 8pm \u2014 except for Thursdays and Fridays, when doors will close at 9pm. The fair will be held at the Egypt International Exhibitions Center<\/a> and run until Tuesday, 6 February.<\/p>\n

<\/a> #2- National Dialogue round two is around the corner:<\/strong> Get ready for the second round of the National Dialogue that will kick off, according to the National Dialogue\u2019s Samir Sabry who spoke with Al Shorouk<\/a>. The dialogue is set to address the exchange rate, monetary policy, soaring commodities prices, and the economic impact of geopolitical tensions, Sabry added.<\/p>\n

Check out our full calendar on the web<\/a><\/strong> for a comprehensive listing of upcoming news events, national holidays and news triggers.<\/p>\n

THE BIG STORY HERE AT HOME- <\/p>\n

<\/a> Construction of Dabaa\u2019s f<\/strong>ourth reactor kicks off: <\/strong>Russian President Vladimir Putinvirtually joined (watch, runtime: 32:22<\/a>) President Abdel Fattah El Sisi yesterday for a ceremony marking the beginning of concrete pouring for the Dabaa nuclear power plant\u2019s<\/a> fourth and final reactor. \u201cNow all four power units of the El Dabaa nuclear power plant are under construction. This means that our Egypt site is becoming one of the two largest nuclear construction projects in the world,\u201d Rosatom Director General Alexey Likhachev said, according to a press release (pdf)<\/a>. The story got ink in Reuters<\/a>.<\/p>\n

** Egypt\u2019s Dabaa Nuclear Power Plant is the focus of today\u2019s Hardhat vertical.<\/strong><\/p>\n

WATCH THIS SPACE- <\/p>\n

<\/a> Egypt to launch tenders for three more logistics projects worth USD 600 mn?<\/strong> The government is preparing to launch a tender for the development of three projects in March, with investments that could amount to a combined USD 610 mn, unnamed officials told Asharq Business<\/a> yesterday. The projects include: A dry port in Fayoum, a logistic center in Upper Egypt\u2019s Qustul, and another logistics center in Damietta.<\/p>\n

DATA POINT- <\/p>\n

Exports larg<\/strong>ely flat in 2023:<\/strong> Egypt\u2019s exports stood at USD 35.5 bn in 2023, remaining unchanged from their 2022 levels, Trade Minister Ahmed Samir told Asharq Business<\/a>. Exports remained flat due to a number of factors \u2014 not related to exchange rate instability \u2014 including the global decline in fertilizer prices, Samir said. <\/p>\n

Remember:<\/strong> The government wants to increase exports to USD 100 bn a year by 2025 andpush that figure to USD 145 bn by 2030<\/a>.<\/p>\n

FACT CHECK-<\/p>\n

Anti-dumping duties on steel imports aren\u2019t going anywhere: <\/strong>The Trade Ministryhas denied<\/a> rumors that it is looking to cancel anti-dumping duties on reinforced steel coming from China, Turkey, and Ukraine. The anti-dumping duties in effect since 2017 were extended<\/a> last June until 2027.<\/p>\n

WAR WATCH-<\/p>\n

<\/a> Biden\u2019s top Mideast advisor was in town:<\/strong> American diplomat Brett McGurk landed in Cairo to begin his tour of the region to meet stakeholders in the region and push for a humanitarian pause in the fighting and the release of Israeli hostages, Reuters<\/a> reports. The US envoy met with Defense Minister Mohamed Zaki to discuss the conflict\u2019s impact on the wider region, the importance of protecting civilians, and how to keep aid flowing into the enclave, according to a ministry readout<\/a>. McGurk is stopping next in Doha<\/a>. <\/p>\n

Is a month-long ceasefire in the cards?<\/strong> Israel and Hamas are broadly in agreement about having a month-long ceasefire in exchange for the release of Israeli hostages hostages, several unnamed Egyptian and Palestinian sources told Reuters<\/a>. However, the mediation efforts led by Egypt, Qatar, and the US have reportedly been held up by Hamas wanting a longer-term peace plan to be settled before freeing hostages, while Israel has been reluctant to agree to anything long-term.<\/p>\n

The deadliest day for Israeli troops pales in comparison to the daily death toll of<\/strong> Palestianians. <\/strong>Monday was the deadliest day<\/a> of the conflict for Israeli troopswith 24 reported dead, while 190 Palestinains were killed<\/a> on the same day.<\/p>\n

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Get Enterprise<\/b> daily <\/h4>\n<\/p><\/div>\n

The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n

Subscribe here<\/a> <\/div>\n<\/p><\/div>\n<\/p><\/div>\n

THE BIG STORY ABROAD-<\/p>\n

Trump 2, Haley 0: <\/strong>Days after Trump\u2019s victory in Iowa, the former presidentis now projected to win over last-opponent-standing Nikki Haley in the New Hampshire primary as early results start trickling in. Haley has vowed to fight on, telling supporters that \u201cNew Hampshire is the first in the nation. It is not the last.\u201d (NYT<\/a> | CNBC<\/a> | CNN<\/a> | The Guardian<\/a> | Associated Press<\/a> | Reuters<\/a> |<\/strong>FT<\/a> |<\/strong>WSJ<\/a>)<\/p>\n

ALSO- The Turkish parliament has voted in favor of Sweden becoming a NATO member<\/strong> state, <\/strong>after stalling for 20 months. With Turkey out of the way, Hungary is the only NATO member that is still against Sweden becoming a fellow member. (Washington Post<\/a> | BBC<\/a> | Associated Press<\/a> | FT<\/a> | WSJ<\/a> | NYT<\/a> | AFP<\/a> | Reuters<\/a> | Politico<\/a> | Bloomberg<\/a>)<\/p>\n

AND- Christopher Nolan\u2019s Oppenheimer nabbed 13 Oscar nominations for best picture,<\/strong> director, acting and craft categories<\/strong>, dominating the 2024 Oscar nominations. Nolan has never won an Oscar before despite his rich blockbuster portfolio, but critics think this might be the one. (Associated Press<\/a> | FT<\/a> | Reuters<\/a> | The Guardian<\/a> | NYT<\/a> | CNBC<\/a> | Bloomberg<\/a>)<\/p>\n

<\/p>\n

*** It\u2019s Hardhat day \u2014 your weekly briefing of all things infrastructure in Egypt:<\/strong> Enterprise\u2019s industry vertical focuses each Wednesday on infrastructure, covering everything from energy, water, transportation, and urban development, as well as social infrastructure such as health and education. <\/p>\n

In today\u2019s issue: <\/strong>We check on how Russian state-owned Rosatom is getting on with the construction of Egypt\u2019s Dabaa Nuclear Power Plant.<\/p>\n","protected":false},"excerpt":{"rendered":"

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The news comes as Electricity Minister Mohamed Shaker has reportedly said\u2026","rel":"","context":"In "What We\u2019re Tracking This Week"","block_context":{"text":"What We\u2019re Tracking This Week","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-this-week\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":637782,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/26\/what-were-tracking-this-week-105\/","url_meta":{"origin":613991,"position":1},"title":"What we\u2019re tracking this week","author":"enterpriseam admin","date":"26 November 2017","format":false,"excerpt":"It\u2019s a four-day workweek: The EGX and public sector are taking the day off this Thursday in observance of the Prophet Muhammad's birthday, which formally falls on Friday 1 December. The central bank has yet to weigh in on whether banks will be taking the day off, but the if\u2026","rel":"","context":"In "What We\u2019re Tracking This Week"","block_context":{"text":"What We\u2019re Tracking This Week","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-this-week\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":584811,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/04\/05\/this-evening-russian-us-companies-eye-developing-small-nuclear-reactors-for-energy-production-in-egypt\/","url_meta":{"origin":613991,"position":2},"title":"THIS EVENING: Russian + US companies eye developing small nuclear reactors for energy production in Egypt","author":"enterpriseam admin","date":"5 April 2023","format":false,"excerpt":"Good afternoon, friends, and happy almost-THURSDAY. The weekend is within arm\u2019s reach and we\u2019re just about halfway through Ramadan, and both of these things make us very pleased, indeed.THE BIG STORY TODAY Two unnamed Russian and US companies are looking to develop small nuclear reactors to produce as much as\u2026","rel":"","context":"In "WHAT WE\u2019RE TRACKING TONIGHT"","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/4\/249.jpeg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":628977,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/20\/what-were-tracking-this-week-23\/","url_meta":{"origin":613991,"position":3},"title":"What we\u2019re tracking this week","author":"enterpriseam admin","date":"20 May 2018","format":false,"excerpt":"Russian industrial zone contracts will be signed on Wednesday? Egypt and Russia will sign contracts for a 5.23 mn sqm Russian Industrial Zone on Wednesday, 23 May, during a joint committee meeting, according to a Russian trade ministry statement (Russian) issued on Friday. Foreign Minister Sameh Shoukry hinted at the\u2026","rel":"","context":"In "What We\u2019re Tracking This Week"","block_context":{"text":"What We\u2019re Tracking This Week","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-this-week\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":546988,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/05\/russias-rosatom-forges-ahead-with-equipment-for-dabaa-nuclear-plant\/","url_meta":{"origin":613991,"position":4},"title":"Russia\u2019s Rosatom forges ahead with equipment for Dabaa nuclear plant","author":"enterpriseam admin","date":"5 June 2022","format":false,"excerpt":"One step closer to the \u200b\u200bDabaa nuclear plant: Russian state nuclear company Rosatom has started manufacturing equipment for the 4.8 GW Dabaa nuclear power plant, it said in a statement. Rosatom said in January that it expects to be able to begin construction this summer after covid-related delays pushed the\u2026","rel":"","context":"In "Also on our Radar"","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":647627,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/16\/what-were-tracking-this-week-177\/","url_meta":{"origin":613991,"position":5},"title":"What we\u2019re tracking this week","author":"enterpriseam admin","date":"16 May 2017","format":false,"excerpt":"The House of Representatives\u2019 Energy Committee will discuss the Daba\u2019a nuclear power plant agreement this week in the hopes of bringing it to a plenary session vote soon.Egypt\u2019s ambassador to Kenya inaugurated yesterday the first expo in Africa highlighting Egyptian exports to the continent, Al Masry Al Youm reports. The\u2026","rel":"","context":"In "What We\u2019re Tracking This Week"","block_context":{"text":"What We\u2019re Tracking This Week","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-this-week\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/613991","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=613991"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/613991\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/613989"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/613992"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=613991"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=613991"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=613991"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=613991"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=613991"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}