The cabinet has entrusted Electricity Minister Mohamed Shaker to commission the head of the Egyptian Nuclear and Radiological Regulatory Authority (ENRRA) to sign the fifth contract with Russia for financial and technical support for the Dabaa nuclear power plant project.

The decision was taken during a cabinet meeting under Prime Minister Mostafa Madbouli.

The cabinet also approved a presidential decree allocating 24.2 feddans of state-owned land in the Rashid area of the Beheira governorate to the Egyptian General Petroleum Corporation, to be used for establishing oil projects. 

The decision was taken within the framework of the state's keenness to encourage investment and remove obstacles facing oil companies, to allow the companies to change their revenues to foreign currency.