Electricity Interconnection
According to MoU, the submarine electric cable will provide a direct link for the exchange of electricity between the two countries and extends to the market of the European Union.
Shaker added that the rest of the capacities will be entered successively until they reach 3,000 MW for exchange with the Saudi side.
President Abdel Fatah al-Sisi arrived to the Cyprus capital, Nicosia, on Monday.