FINANCIAL NEWS

Egypt, Russia to sign MOUs in economic meeting

25 Jan 2016

(MENAFN) The 10th meeting of the Egyptian-Russian Economic Committee will take place in Cairo, leaded by the ministers of commerce of both nations.

Furthermore, Russian businessmen introducing the 60 of the major Russian firms are interested in the Egyptian market will attend the Russian government delegation.

Additionally, a number of memoranda of understanding (MOUs) will be signed, involving one for the establishment of the Russian industrial zone in the Gulf of Suez.

The agreement will be signed to offer the important funding mechanisms for investment projects for businessmen in both nations, and a collaboration protocol will be signed.

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