Signing Russia-Egypt Nuclear Agreement

President Hosni Mubarak and President Vladimir Putin reached an agreement during a meeting in Moscow.
Russia will now be able to bid to build the first of four atomic power stations Egypt plans.

From the words of Mubarak Egypt, in co-operation with its international partners and the International Atomic Energy Agency, is going to develop the sector of nuclear energy.

The talks between Mr Putin and Mr Mubarak also covered the possibility of Moscow hosting a Middle East peace conference.

Correspondents say Russian government is willing to play more of a mediation role in the Middle East and regain some of the influence lost since the end of the Cold War.