Egypt announces site of its first nuclear power plant....

Just what we need - a country where the Muslim Brotherhood is on the verge of power - to get nuclear weapons...oops, I meant nuclear power...

Egypt's President Hosni Mubarak announced Wednesday afternoon that the country's first nuclear power plant will be built at El Dabaa on the Mediterranean coast.

The Associated Press reported that Energy Minister Hassan Younis said the decision is intended to "prioritize national interests and gives a big boost to the Egyptian nuclear program."

The plant will cost an estimated $1.5 billion, some of which will be financed by the government. Tenders will be issued by the end of the year.