Egypt advances El Dabaa nuclear project with Unit 2 reactor vessel installation
via Egypt Today2 min read
Prime Minister Mostafa Madbouly attended the reactor pressure vessel installation ceremony for Unit 2 of the El Dabaa Nuclear Power Plant. He described the project as a cornerstone of Egypt鈥檚 long-term energy strategy and a major step toward achieving the goals of Egypt Vision 2030, emphasizing its contribution to comprehensive development and reinforcement of the country鈥檚 regional and international standing. Madbouly highlighted the importance of diversifying Egypt鈥檚 energy mix and expanding reliance on clean and sustainable energy sources, noting that President Abdel Fattah El-Sisi fulfilled Egypt鈥檚 ambition of establishing a peaceful nuclear power plant. Minister of Electricity and Renewable Energy Mahmoud Esmat stated the plant will play a key role in reducing carbon emissions, mitigating climate change impacts, diversifying the energy mix, strengthening energy security, and supporting the national electricity grid. Esmat also mentioned that the project reflects Egypt鈥檚 strategic partnership with Russia. Rosatom Director General Alexey Likhachev thanked the Egyptian government and people, affirming the project's compliance with the highest nuclear safety standards and marking the installation of the reactor pressure vessel for Unit 2 as a major milestone in Egypt鈥檚 nuclear energy sector.
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Egypt's annual inflation rate decreased to 12.2 percent in June 2026, down from 13 percent in May, according to data from the Central Agency for Public Mobilization and Statistics CAPMAS. Consumer prices saw a monthly decline of 0.9 percent, primarily due to a 6.4 percent drop in meat and poultry prices, a 2.4 percent decrease in dairy, cheese, and eggs, and a 12.1 percent fall in vegetable prices. Food and beverages, the largest component of the inflation basket, declined by 3.7 percent monthly. However, some food items, such as cereals and bread, fruit, and coffee, tea, and cocoa, experienced slight increases. Meanwhile, several key categories recorded monthly increases, including housing, water, electricity, gas, and fuel, which rose by 1.5 percent, and culture and recreation, which saw the highest monthly increase at 7.2 percent, driven by organized tourist trips. On a year-on-year basis, food and beverages increased by 4.7 percent, while housing, water, electricity, gas, and fuel recorded the sharpest annual increase at 31.2 percent. Transport prices rose by 21.1 percent year-on-year, and education prices increased by 20 percent compared to June 2025. The figures suggest easing inflationary pressures compared to the previous year, though housing, services, transport, and education costs continue to rise above the headline inflation rate.
Must ReadPrime Minister Mostafa Madbouly attended a ceremony at the El Dabaa Nuclear Power Plant on Thursday, July 9, 2026, to mark the installation of the reactor pressure vessel for the facility's second unit. This event, held in the Mediterranean city of El Dabaa, represents a significant milestone in the construction of Egypt's first nuclear power station.
Egypt's Minister of Agriculture and Land Reclamation, Alaa Farouk, announced that domestic wheat production has surpassed 10 million tons this year, marking a 6.5% increase from the previous year. This growth has positively impacted the country's import bill, reducing wheat imports to approximately 12.5 million tons. The government procurement system has recorded its highest historical rates, nearing its target of 5 million tons. This surge is attributed to a record increase in wheat cultivation areas, reaching 3.76 million feddans, an increase of nearly 600,000 feddans. An incentive procurement price of 2,500 Egyptian pounds per ardeb was offered to farmers, based on directives from President Abdel Fattah al-Sisi. Production efficiency has also improved, with an average yield of 18 to 20 ardebs per feddan, and up to 28 ardebs per feddan on farms using advanced technologies. This places Egypt among leading countries in wheat production efficiency. The success is also due to research programs by the Agricultural Research Center, which developed 60 new, high-yielding, climate-tolerant varieties for strategic crops, including wheat. Notable new wheat varieties include "Misr 3" and "Misr 4," rust-resistant "Giza 171," water-efficient "Sakha 95 and 96," and early-maturing "Seds 14 and 15." Durum wheat varieties like "Beni Suef 5 and 7" and "Sohag 5 and 6" were also developed. These advancements were complemented by modern, water-efficient farming practices across 2.8 million acres