Iran 2.0? Russia to Loan Egypt $25 Billion to Build NUCLEAR Power Plant

‘Russia is set to provide Egypt with a $25 billion line of credit to construct the nation’s first nuclear power plant.

The plant is set to built in Dabaa and the loan will cover 85% of the costs. It will be repaid over 22 years, with the first repayment scheduled for 2029, at an annual interest rate of three percent.

Russia is going to contribute engineers, scientists and general staff to help establish and run the plant.

The plant will be ultra-modern and comply with all post-Fukushima safety standards.’

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