egypt arabia sign energy cooperation agreements
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
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Egypt, Arabia sign energy cooperation agreements

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Arab Today, arab today Egypt, Arabia sign energy cooperation agreements

President Abdel Fattah El Sisi and King Salman bin Abdel Aziz
Cairo - MENA

President Abdel Fattah El Sisi and King Salman bin Abdel Aziz witnessed on Friday the signing of three agreements and a memorandum of understanding (MoU) in the field of electricity and renewable energy.

Egypt's Electricity Minister Mohamed Shaker and his Saudi counterpart Abdullah alHusen inked a MoU in their domain.

International Cooperation Minister Sahar Nasr of Egypt and Ibrahim al-Assaf, the head of the Saudi Fund for Development, signed an agreement to finance the establishment of a power plant in Cairo with a cost of $100 million.

Another agreement to cooperation in the field of peaceful use of nuclear power was also inked.

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