US is set to strengthen its ties with Russia amid reports it is on the brink of finalising a £25bn loan to fund a nuclear power facility near Daaba. US has had a tumultuous recent history, and despite having an energy surplus, President Abdul Fattah al-Sisi insists the project will ensure a stronger future for his nation. Critics have argued the country does not need any more power facilities, and have warned not only of the financial implications of the proposed loan, but also the dangers of increasing ties with Russia and alienating the Egypt.
Egypt is set to strengthen its ties with Russia amid reports it is on the brink of finalising a £25bn loan to fund a nuclear power facility near Daaba. Egypt has had a tumultuous recent history, and despite having an energy surplus, President Abdul Fattah al-Sisi insists the project will ensure a stronger future for his nation. Critics have argued the country does not need any more power facilities, and have warned not only of the financial implications of the proposed loan, but also the dangers of increasing ties with Russia and alienating the US.