{"id":668095,"date":"2025-07-09T00:00:00","date_gmt":"2025-07-09T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2025\/07\/09\/pushing-ahead-with-dabaa-nuclear-plant-construction\/"},"modified":"2025-07-09T00:00:00","modified_gmt":"2025-07-09T00:00:00","slug":"pushing-ahead-with-dabaa-nuclear-plant-construction","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/07\/09\/pushing-ahead-with-dabaa-nuclear-plant-construction\/","title":{"rendered":"Pushing ahead with Dabaa nuclear plant construction"},"content":{"rendered":"<p class=\"tag-border-left\">INFRASTRUCTURE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Egypt, Russia to push ahead with Dabaa nuclear plant construction:<\/strong> Electricity Minister Mahmoud Esmat and Rosatom CEO Alexey Likhachev inked a protocol complementing their intergovernmental nuclear cooperation agreement, alongside a supplementary contract for Dabaa nuclear power plant\u2019s construction and operation, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/1276808321156252?ref=embed_post\" style=\"\" rel=\"noopener\">statement<\/a> from the Electricity Ministry. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">(<strong>Tap or click the headline above to read this story with all of the links <\/strong>to our background as well as external sources.)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The agreements came on the sidelines of a meeting between President Abdel Fattah El Sisi<\/strong><strong> and Likhachev<\/strong> yesterday, which focused on the progress on Egypt\u2019s first nuclear power plant, according to an <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/Egy.Pres.Spokesman\/posts\/pfbid02LvNyo1q3V7v8YaJSjy9TKC5iSxquaBYsho9W5zbcXRrEWu54rnmTUzmHWmNrZ3p2l\" style=\"\" rel=\"noopener\">Ittihadiya statement<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER-<\/strong> Rosatom was <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/60ea8ab6-9f81-43cc-a75d-b3ff1de7a342\" style=\"\" rel=\"noopener\">contracted in 2015<\/a> to handle the construction and provide fuel for Dabaa, Egypt\u2019s first nuclear power plant. The company <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/60ea8ab6-9f81-43cc-a75d-b3ff1de7a342\" style=\"\" rel=\"noopener\">broke ground<\/a> on the USD 28.8 bn project in the summer of 2022. Dabaa will include four 1.2-GW reactors and is set to come online at the beginning of the next decade.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">DEBT-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Gov\u2019t eyes USD 1 bn in financing for CSCEC\u2019s medical city: <\/strong>The Health Ministry is looking to secure USD 1 bn in financing from Chinese banks to finance the 230-fedan <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/aa502c18-61d8-4c08-85c2-ddc1402eefe7\/\" style=\"\" rel=\"noopener\">medical city<\/a> that China State Construction Engineering Corporation (CSCEC) is set to build in the new capital, <a target=\"_blank\" href=\"https:\/\/asharqbusiness.com\/economics\/88981\/%D9%85%D8%B5%D8%B1-%D8%AA%D8%B3%D8%B9%D9%89-%D9%84%D8%A7%D9%82%D8%AA%D8%B1%D8%A7%D8%B6-%D9%85%D9%84%D9%8A%D8%A7%D8%B1-%D8%AF%D9%88%D9%84%D8%A7%D8%B1-%D9%85%D9%86-%D8%A8%D9%86%D9%88%D9%83-%D8%B5%D9%8A%D9%86%D9%8A%D8%A9-%D9%84%D8%AA%D9%85%D9%88%D9%8A%D9%84-%D9%85%D8%AF%D9%8A%D9%86%D8%A9-%D8%B7%D8%A8%D9%8A%D8%A9\/\" style=\"\" rel=\"noopener\">Asharq Business<\/a> reports, citing sources with knowledge of the matter. CSCEC has reportedly finished designing the project and is set to kick off construction before year-end as the financing agreements are finalized.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER-<\/strong> CSCEC inked an MoU last August to design and construct the planned medical city, which we first heard about back in <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/f7b8dea0-fa0d-4a5e-abf6-e1f535afc240\/china%25e2%2580%2599s-construction-behemoth-eyes-building-a-medical-city-near-the-new-capital\" style=\"\" rel=\"noopener\">March<\/a> last year. The project will house around 300 clinics, research centers, central laboratories, a blood bank, among other services. It will have a total capacity of more than 4.2k beds.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">AUTOMOTIVE- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- <\/strong><strong>Kasrawy <\/strong><strong>Grou<\/strong><strong>p is now the exclusive agent for Chinese electric vehicle brand Avatr in <\/strong><strong>Egypt<\/strong>, adding to the long list of brands under its umbrella, including Citro\u00ebn, Jetour, and Iveco, according to a press release seen by EnterpriseAM. The first two Avatr models are scheduled to be launched in the local market in 4Q 2025 or 1Q 2026.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- MANEAST bags Soueast agency:<\/strong> The Mansour family\u2019s new venture MANEAST has become the exclusive agent for Chinese <a target=\"_blank\" href=\"https:\/\/www.soueast-motor.com\/\" style=\"\" rel=\"noopener\">Soueast<\/a> vehicles in Egypt, <a target=\"_blank\" href=\"https:\/\/www.alborsaanews.com\/2025\/07\/09\/1899782\" style=\"\" rel=\"noopener\">Al Borsa<\/a> reports. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">RETAIL-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>New retai<\/strong><strong>l media solutions coming to Carrefour: <\/strong>Majid Al Futtaim\u2019s retail media network Precision Media partnered with ArabyAds\u2019 retail media tech company Ritelo to roll out omnichannel advertising across Carrefour\u2019s platform in Egypt and Saudi Arabia, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/majid-al-futtaims-precision-media-partners-with-ritelo-to-transform-retail-media-solutions-in-egypt-and-saudi-arabia-d1oncm1h\" style=\"\" rel=\"noopener\">press release<\/a>. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>PLUS- Kasrawy Group is now the exclusive agent for Chinese electric vehicle brand Avatr<\/p>\n","protected":false},"author":1,"featured_media":668096,"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":[7209],"tags":[111,144,7106,72,7115,91],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-668095","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-also-on-our-radar","tag-also-on-our-radar","tag-automotive","tag-debt","tag-enterpriseam","tag-healthcare","tag-oil-and-gas","wpautop","entry"],"acf":{"mongo_id":"e454ae43-92ee-48a5-808d-3b7ae42c2eaf","order":"11","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/7\/532.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Pushing ahead with Dabaa nuclear plant construction","related_issue":[668076],"teaser":"PLUS- Kasrawy Group is now the exclusive agent for Chinese electric vehicle brand Avatr","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/7\/.0242242b-f5f8-4929-963a-da94f13bf44d.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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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 &quot;Also on our Radar&quot;","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":563528,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/06\/egypt-applies-for-construction-permits-for-dabaa-nuclear-plant\/","url_meta":{"origin":668095,"position":1},"title":"Egypt applies for construction permits for Dabaa nuclear plant","author":"enterpriseam admin","date":"6 July 2021","format":false,"excerpt":"Egypt applies for construction permits for Dabaa nuclear plant: Egypt's Nuclear Power Plants Authority has submitted licensing documentation for the first two units of Dabaa nuclear power plant to regulators in what should be the final bureaucratic hurdle to clear before construction is allowed to get going on the project,\u2026","rel":"","context":"In &quot;Also on our Radar&quot;","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":591333,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/03\/seven-egyptian-russian-companies-compete-for-dabaa-site-prep-tender\/","url_meta":{"origin":668095,"position":2},"title":"Seven Egyptian, Russian companies compete for Dabaa site prep tender","author":"enterpriseam admin","date":"3 December 2019","format":false,"excerpt":"Seven Egyptian and Russian companies have submitted bids to compete for the tender to prepare the site of the Dabaa nuclear power plant ahead of its construction, sources at the Electricity Ministry told Al Mal. Hassan Allam, Orascom Construction, Arab Contractors, and Petrojet, in addition to another unidentified Egyptian company\u2026","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":553918,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/13\/payments-super-app-dabaa-nuclear-power-plant-consultation\/","url_meta":{"origin":668095,"position":3},"title":"Payments super-app + Dabaa nuclear power plant consultation","author":"enterpriseam admin","date":"13 December 2021","format":false,"excerpt":"A couple of things we\u2019re keeping an eye on this morning: Digital payments firm PaySky partnered with Egypt Post and Visa to launch payments super-app Yalla on Thursday.Egypt signed a contract with the Czech Republic\u2019s UJV Rez to provide technical assistance and consult on the Dabaa nuclear power plant\u2019s operations.","rel":"","context":"In &quot;Also on our Radar&quot;","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":590704,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/31\/nuclear-power-plants-authority-contracts-worley-to-consult-on-construction-of-el-dabaa-nuclear-power-plant\/","url_meta":{"origin":668095,"position":4},"title":"Nuclear Power Plants Authority contracts Worley to consult on construction of El Dabaa nuclear power plant","author":"enterpriseam admin","date":"31 December 2019","format":false,"excerpt":"The Nuclear Power Plants Authority has contracted Australian energy firm Worley to consult on the construction of the Dabaa nuclear power plant, the company said in a statement (pdf). 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