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Africa North | ||
Egypt approves Saudi Arabia cooperation agreement on nuclear power | ||
2016-05-28 | ||
[AlAhram] Egypt's cabinet approved on Thursday a deal with Soddy Arabia ...a kingdom taking up the bulk of the Arabian peninsula. Its primary economic activity involves exporting oil and soaking Islamic rubes on the annual hajj pilgrimage. The country supports a large number of princes in whatcha might call princely splendor. When the oil profits run out the rest of the world is going to kick sand in the Soddy national face... regarding peaceful cooperation on nuclear power, according to a cabinet blurb. The deal was initially signed on 8 April during a visit by Saudi's King Salman ...either the largest species of Pacific salmon or the current Sheikh of the Burnin' Sands, Cutodian of the Two Holy Mosquesand Lord of Most of the Arabians.... Abdel Aziz to Cairo. The agreement aims to establish cooperation in peaceful uses of nuclear power and on nuclear security, according to the release. Egypt's government is moving ahead with plans to build the country's first nuclear power plant, expected to be completed in 2022 and operational by 2024.
Last week, President Abdel Fattah El-Sisi approved a $25 billion loan from Russia to fund the building and operation of the plant.
During King Salman's visit, Egypt and Saudi Arabia also signed final loan agreements worth over $24 billion. | ||
Posted by:trailing wife |
#2 From your keyboard to God, Skidmark. |
Posted by: trailing wife 2016-05-28 18:26 |
#1 I like it. Another 10 year project that will stretch to 15 thru regime changes then not come to closure or activation AND will cost Russia $25B with issues of repayment. Not really on the Nile though. |
Posted by: Skidmark 2016-05-28 06:29 |