Arab Today, arab today egypt arabia sign energy cooperation agreements
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Arab Today, arab today
Arab Today, arab today

Egypt, Arabia sign energy cooperation agreements

Arab Today, arab today

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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