{"id":640798,"date":"2017-09-05T11:56:26","date_gmt":"2017-09-05T11:56:26","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/05\/el-sisi-at-the-brics-summit\/"},"modified":"2017-09-05T11:56:26","modified_gmt":"2017-09-05T11:56:26","slug":"el-sisi-at-the-brics-summit","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/05\/el-sisi-at-the-brics-summit\/","title":{"rendered":"El Sisi at the BRICS Summit"},"content":{"rendered":"

<\/a> Did Egypt and Russia just finalize the Dabaa agreement? <\/strong>Egypt and Russia have reportedly finalized their agreement over the USD 30 bn Dabaa nuclear power plant<\/a>, the Associated Press said on Sunday<\/a>, citing Russian media reports. The news surfaced after President Abdel Fattah El Sisi met with Russia\u2019s Vladimir Putin in Xiamen, China, yesterday on the sidelines of the 2017 BRICS Summit.<\/strong> The Russian president welcomed El Sisi\u2019s invitation to attend a ceremony in Egypt to mark the beginning of the plant\u2019s construction once the contracts \u2014 which are currently being reviewed by the Egyptian Council of State \u2014 are signed, according to an Ittihadiya statement (pdf)<\/a>. Discussions between the two leaders centered around bilateral ties and issues of mutual interest, including the resumption of air travel between Cairo and Moscow, which Putin said he hopes would happen soon.<\/p>\n

Soon may not be soon enough: <\/strong>Russian aviation security experts \u201cpositively assessed\u201d security at a Cairo airport terminal, Transport Minister Maksim Sokolov said on Monday, according to TASS<\/a>. The minister, however, declined to comment on when air travel would resume, as has been his custom lately.<\/p>\n

El Sisi gave a speech (pdf)<\/strong><\/a> to BRICS leaders <\/strong>in which he invited investors from their countries to \u201cbenefit from the network of trade agreements between Egypt and many partner countries in the Arab region, Africa, and Europe,\u201d and capitalize on the \u201cpreferential advantages\u201d made possible by reforms and improvements in the country\u2019s economic and investment climate. El Sisi said that Egypt\u2019s current journey resembles that of other countries including India, pointing specifically to subsidy cuts, high inflation rates, and the strengthening of the social safety net.<\/p>\n

El Sisi is attend the signing of three MoUs that will see China invest c. USD 11.2 bn in projects for the administrative capital, <\/strong>AMAY reports<\/a>. Those agreement reportedly include a funding agreement for the new electric rail<\/a> linking Salam City with the new capital (for which the China Export-Import Bank is providing USD 739) and a USD 300 mn grant to support the launch of a satellite. Electricity Minister Mohamed Shaker signed an agreement<\/a> which will see China help Egypt boost the capabilities of its national electrical grid. He is also expected to meet with Chinese investors today.<\/p>\n

More flights from China in the cards? <\/strong>Tourism Minister Yehia Rashed said that negotiations are underway<\/a> to put on three additional flights a week between Cairo and Shanghai, Beijing, and Guangzhou, as well as to increase air traffic from China to the Red Sea and Mediterranean coasts. Meanwhile, the central tourism authority in the Ningxia Hui Autonomous Region<\/a> also signed an MoU<\/a> with the Egyptian Tourism Authority yesterday that will see both sides cooperate to boost tourism. The agreement with the small northern region came after Tourism Promotion Authority chief Hisham El Demery\u2019s participation in an annual Egypt-China tourism expo in Beijing, in the hopes of attracting more Chinese visitors, Al Borsa says<\/a>.<\/p>\n

Next up on El Sisi\u2019s Asia tour is <\/strong>Hanoi from 6-9 September,<\/strong><\/a>where he\u2019ll be meeting with Vietnamese President Tran Dai Quang and other officials.<\/p>\n","protected":false},"excerpt":{"rendered":"

Did Egypt and Russia just finalize the Dabaa agreement? Egypt and Russia have reportedly finalized their agreement over the USD 30 bn Dabaa nuclear power plant, the Associated Press said on Sunday, citing Russian media reports. The news surfaced after President Abdel Fattah El Sisi met with Russia\u2019s Vladimir Putin in Xiamen, China, yesterday on […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-640798","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"fe0d4197-3185-49e0-985d-55d46f7315ca","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[640791],"teaser":"","voice_url":""},"yoast_head":"\nEl Sisi at the BRICS Summit - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/05\/el-sisi-at-the-brics-summit\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"El Sisi at the BRICS Summit\" \/>\n<meta property=\"og:description\" content=\"Did Egypt and Russia just finalize the Dabaa agreement? Egypt and Russia have reportedly finalized their agreement over the USD 30 bn Dabaa nuclear power plant, the Associated Press said on Sunday, citing Russian media reports. 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Further security inspections of Cairo International Airport are not necessary, Russian Transport Minister Maksim Sokolov told TASS. But as Russian officials are not ones to leave a conversation on a\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":590904,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/07\/27\/sisi-meets-putin-ahead-of-russia-africa-summit\/","url_meta":{"origin":640798,"position":2},"title":"Sisi meets Putin ahead of Russia-Africa Summit","author":"enterpriseam admin","date":"27 July 2023","format":false,"excerpt":"Putin also met Ethiopian PM Abiy Ahmed","rel":"","context":"In "Diplomacy"","block_context":{"text":"Diplomacy","link":"https:\/\/enterpriseam.com\/egypt\/category\/regulation\/diplomacy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/7\/1116.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":623013,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/18\/el-sisi-putin-sign-cooperation-agreement-but-nothing-on-red-sea-flights\/","url_meta":{"origin":640798,"position":3},"title":"El Sisi, Putin sign cooperation agreement, but nothing on Red Sea flights","author":"enterpriseam admin","date":"18 October 2018","format":false,"excerpt":"** #7 El Sisi, Putin sign cooperation agreement \u2014 but nothing yet on bringing back Red Sea flights: President Abdel Fattah El Sisi and Russian President Vladimir Putin signed yesterday a cooperation and partnership protocol designed to improve ties and grow bilateral trade, according to an Ittihadiya statement. The two\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":600560,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/03\/el-sisi-ratifies-usd-7-bn-riz-agreement-with-russia\/","url_meta":{"origin":640798,"position":4},"title":"El Sisi ratifies USD 7 bn RIZ agreement with Russia","author":"enterpriseam admin","date":"3 February 2019","format":false,"excerpt":"El Sisi ratifies agreement with Moscow to build the RIZ: President Abdel Fattah El Sisi has ratified a 50-year agreement with Russia to establish the USD 7 bn Russian Industrial Zone, according to a copy of the decree published in the \u00a0Official Gazette. Signed in Moscow in May last year,\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":635725,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/12\/egypt-pays-usd-25-bn-to-enter-the-atomic-age-decades-after-era-runs-its-course\/","url_meta":{"origin":640798,"position":5},"title":"Egypt pays USD 25 bn to enter the atomic age decades after era runs its course","author":"enterpriseam admin","date":"12 December 2017","format":false,"excerpt":"It seems we have signed contracts for the USD 20+ bn Dabaa nuclear power plant, but direct flights from Moscow to Cairo aren\u2019t back yet: President Abdel Fattah El Sisi witnessed the signing of \u201cthe notices to proceed [with] the contracts\u201d for the construction of the Dabaa nuclear power plant\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2017\/12\/994.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/640798","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=640798"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/640798\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/640791"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=640798"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=640798"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=640798"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=640798"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=640798"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}