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    Egypt-Russia economic deals

    George1
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    Post  George1 Thu Aug 27, 2015 3:02 pm

    Egypt ready to use ruble in settlements in tourism sphere — president

    MOSCOW, August 27. /TASS/. Egypt is considering a possibility to use the ruble in settlements in the sphere of tourism, Egyptian President Abdel Fattah el-Sisi told TASS First Deputy Director General Mikhail Gusman in an exclusive interview following his visit to Moscow.


    Egyptian leader offers Russian investors "best terms" in Suez Canal area

    MOSCOW, August 27. /TASS/. Egypt is ready to offer the best terms for Russian investors willing to work in the region of the Suez Canal, Egyptian President Abdel-Fattah el-Sisi, who is currently on an official visit to Russia, said in an interview with TASS.

    "Egypt implies enormous efforts for the development of the economic output and we try doing it at accelerated tempo," the Egyptian leader said in an exclusive interview with TASS First Deputy Director General Mikhail Gusman.

    "We have opened a new Suez Canal," el-Sisi said. "Somebody may think that the opening of the route will be enough. However, it is another step in the grand project on the development of the region on the whole."

    "We are allocating an industrial zone for Russia in this region," the Egyptian president said. "We are inviting Russian companies to participate and work in this region. This zone has been offered for investors."
    George1
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    Post  George1 Sun Aug 30, 2015 4:17 pm

    Russia Roaring Back to Business in Egypt - Media
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    Ramos 2

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    Post  Ramos 2 Sun Oct 11, 2015 1:59 pm

    Will or should Egypt sell back the Mistral to Russia ? Will Russia equip the Mistral for Egypt ? What could Egypt do with Mistral ?
    GarryB
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    Post  GarryB Mon Oct 12, 2015 4:23 am

    The Mistral is very much a multi-purpose vessel and would be very capable in a variety of roles.

    Its main features are landing craft which allow the vessel to stand off 100km from shore to deploy land forces or stores that can be trucked further inland, it also obviously has helos which could be transport helos to supply ground forces or support a humanitarian intervention... in disaster situations lots of helos are critical for mobility where the road network might be damaged and to reach areas cut off from rail or road. With attack helos you can support a landing of ground forces or patrol a very large area for piracy or a range of other threats.

    As a hospital ship it contains state of the art operating theatres and modern medial equipment and a lot of beds... again to support landing operations, or humanitarian ops, and of course it contains the command and communications equipment to manage a wide variety of operations including anti piracy, humanitarian, landing etc etc.

    I don't think Russia is that desperate to get the vessels... I think now that they know them inside out that they could probably develop new vessels that will be better suited to their requirements... ie capable of arctic opterations, able to deploy greater distances for longer periods... perhaps nuclear powered, and of course better armed.

    Equally they are developing a new range of ground based vehicles that might need a few changes anyway.
    George1
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    Post  George1 Thu Nov 19, 2015 4:08 pm

    Dabaa nuclear plant to become largest Russian-Egyptian project since Aswan dam

    Russia and Egypt signed an intergovernmental agreement on building the first Egyptian nuclear plant with four power-generating units, each of them with an output capacity of 1,200 megawatts

    MOSCOW, November 19. /TASS/. Egypt's first nuclear power plant that will be built in the Dabaa district will become the largest Egyptian-Russian economic project since the times of the Aswan dam, Sergey Kiriyenko, the Director General of Russia's state nuclear power corporation Rosatom said on Thursday.

    Earlier on Thursday, Russia and Egypt signed an intergovernmental agreement on building the first Egyptian nuclear plant supposed to have four power-generating units, each of them with an output capacity of 1,200 megawatts.

    "The Dabaa nuclear plant will be the largest Russian-Egyptian project since the Aswan dam," Rosatom's press service quoted Kiriyenko. "It will mark a truly new chapter in the history of our bilateral relations."

    "The plant will make Egypt the regional leader in the field of nuclear technologies and the only country in the region that will have a generation 3+ plant," he said.
    George1
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    Post  George1 Wed Dec 09, 2015 3:47 pm

    Moscow, Cairo to Discuss Construction of Nuclear Power Plant on January 31

    Egyptian Ambassador to Russia Mohamed Badri said that Russia and Egypt will discuss the construction of a nuclear power plant within the framework of the Russia-Egypt intergovernmental committee on January 31.

    MOSCOW (Sputnik) – Russia and Egypt will discuss the construction of a nuclear power plant within the framework of the Russia-Egypt intergovernmental committee on January 31, Egyptian Ambassador to Russia Mohamed Badri said Tuesday.

    "There are many aspects in it [the construction of the nuclear power plant] and of course it will be touched on[during the meeting of the committee]. There are a lot of nuances related to this project," Badri told RIA Novosti in an interview, answering a question on whether the construction project would be discussed during the committee meeting.

    He added that the plant was expected to be constructed according to schedule.

    Russia-Egypt intergovernmental committee is due to meet on January 31-February 2 in Egypt to discuss the development of industrial zones and trade relations between the two countries.

    On November 19, Moscow and Cairo signed an intergovernmental deal on the construction of a nuclear power plant in Egypt.

    According to the Russian state nuclear corporation Rosatom, the plant will take around 10 years to build and will be in operation for around 80 years.

    Read more: http://sputniknews.com/business/20151208/1031425665/russia-egypt-nuclear-power.html#ixzz3tpq2DUbB
    George1
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    Post  George1 Tue Feb 02, 2016 5:57 pm

    Russia, Egypt to Sign Memorandum on Supply of Four SSJ100 Planes

    Read more: http://sputniknews.com/military/20160202/1034070687/russia-egypt-memorandum.html#ixzz3z1xiQywk
    George1
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    Post  George1 Mon Feb 08, 2016 2:04 am

    Russian Air Navigation Equipment Companies to Supply Egypt

    Russia's Azimut and Lianozovo Electromechanical Plant air navigation equipment companies have closed a deal with the Egyptian National Air Navigation Services Company on a project to upgrade Egypt's air traffic control systems, the Egyptian Civil Aviation Ministry said.

    CAIRO (Sputnik) — The Research & Production Corporation Lianozovo Electromechanical Plant's General Director Gennadiy Benderskiy and Azimut's CEO Asker Saidov signed the contract from Russia's side on Sunday, the Civil Aviation Ministry's statement said.

    A Russian-Egyptian inter-governmental commission session held earlier in February has noted the Lianozovo plant's possible role in upgrading Egypt's air control. The plant's role was stipulated to cover supplying radar complexes and installing air traffic control systems of various designations in National Air Navigation Services Company and Civil Aviation Ministry facilities.

    The Lianozovo Electromechanical Plant specializes in radar and control system production. The company has been involved in a variety of system upgrade projects across Russia. Azimut produces radio communication, navigation, surveillance and air traffic control equipment to civil aviation enterprises.

    The Russian-Egyptian intergovernmental commission has been strengthening economic cooperation between two countries. Late January, the commission discussed an agreement on securing Russian investments into a joint Suez Canal industrial zone, as well as an array of other agreements.

    Read more: http://sputniknews.com/military/20160208/1034381108/russian-navigation-equipment-egypt.html#ixzz3zXAxZckR
    George1
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    Post  George1 Thu Sep 29, 2016 3:22 am

    Initial investments of Russian industrial zone residents in Egypt estimated at $324.9 mln

    Industry Ministers of Russia and Egypt signed a memorandum on the establishment of the Russian Industrial Zone on February 2

    MOSCOW, September 28. /TASS/. Investments of companies - residents of the Russian industrial zone in the city of Port Said (Egypt) on the first stage of the project are estimated at $324.9 mln, according to the documents for the Egyptian side in the course of technical consultations, available with TASS.

    The representatives of Russia’s Industry and Trade Ministry and Technopolis Moscow have arrived to Egypt and are holding consultations with the chief department of the Suez Canal economic zone, a source close to the talks told TASS.

    "Currently, technical consultations are underway to approve the text of the agreement on the Russian industrial zone in the eastern part of the city of Port Said, in the northern end of the Suez Canal, "the source said.

    Technopolis Moscow is a specialized territory for the development of high technology industries located in close proximity from the city center.

    Stages of the project

    The project of the Russian industrial zone will be implemented in three stages.

    The first stage is expected to be completed by 2020. At that stage the area of the industrial zone will be 80 hectares.

    Besides investments of resident companies the project envisages investments in the infrastructure worth $149.6 mln.

    On the first stage the annual profit of residents is seen at $380.2 mln.

    Among potential residents on this stage are car and truck makers Kamaz, Gaz Group, UAZ, Russian enterprises of Renault,

    The Russian companies that may become the residents on the first stage include, Gaz Group of companies, as well as Chelyabinsk Tractor Plant, the Tractor Plants Concern, Transmashholding, oil companies Gazprom Neft and Tatneft, energy holding Inter RAO UES, Morton developing company, according to the documents of the meeting.

    The second stage of the construction will be completed in 2025. By that time the area of ··the industrial zone will grow to 200 hectares. For this purpose $405 mln will be invested in the infrastructure. On this stage, investments and annual revenues of the residents are estimated at $906.7 mln and $1.014 bln, respectively.

    The third stage will be completed by 2035. On its completion the zone’s area will be ··2,000 hectares. Investments in the infrastructure on the third stage are estimated at $4.042 bln. Investment and annual revenues of residents can make $10.137 bln and $9.07 bln respectively.

    Concept of the Russian industrial zone

    The concept of the Russian industrial zone was designed by the Industry and Trade Ministry in cooperation with the Rosengineering project company, the Russian Association of Industrial Parks and Technopolis Moscow.

    The architectural plan provides for the division of the zone into two areas: Moscow with a system of radial streets and St. Petersburg with a system of canals.

    Industry Ministers of Russia and Egypt signed a memorandum on the establishment of the Russian Industrial Zone on February 2, 2016.

    The project envisages the creation of a special zone with lighter tax regime for Russian resident companies. The industrial zone will house local production facilities of Russian industrial enterprises from various sectors of economy: automotive industry, petrochemical industry, energy, medicine, building materials. In the future, a port can be built on the territory of the Russian industrial zone.


    More:
    http://tass.com/economy/902849?_ga=1.55661163.1337049799.1447427261
    George1
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    Post  George1 Thu Sep 29, 2016 3:35 am

    Russia’s Rosatom head to hold talks on Dabaa NPP in Cairo on September 29

    More:
    http://tass.com/economy/902616?_ga=1.67361617.1337049799.1447427261
    George1
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    Post  George1 Sat Nov 26, 2016 12:29 pm

    Egypt ready to expand Russian industrial zone in Port Said to 2,000 hectares in future

    More:
    http://tass.com/economy/914787
    George1
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    Post  George1 Thu Feb 21, 2019 11:41 pm

    Egyptsat-A satellite put into designated orbit - Roscosmos

    More:
    http://tass.com/science/1045914
    starman
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    Post  starman Sat Feb 23, 2019 12:03 pm

    George1 wrote:Egyptsat-A satellite put into designated orbit - Roscosmos

    More:
    http://tass.com/science/1045914

    Long ago it was said that "strategic reconnaisance remains a major Egyptian military problem." This satellite should go a long way toward rectifying it.
    George1
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    Post  George1 Tue Nov 12, 2019 8:59 am

    Russia may modernize Suez shipyards, build new ones — ministry


    Russia presented to Egypt projects to modernize the existing shipyards of the Suez Canal and outlined opportunities for building a new one

    MOSCOW, November 12. /TASS/. Russia may take part in modernizing shipyards of the Suez Canal, connecting the Mediterranean Sea to the Red Sea, and build a new shipyard in Egypt, the Russian Industry and Trade Ministry said.

    "The Russian side presented projects to modernize the existing shipyards of the Suez Canal and outlined the opportunities for building a new shipyard," the ministry said in a statement to sum up the results of Deputy Minister Oleg Ryazantsev’s visit to the country.

    During his visit, Ryazantsev met with the Suez Canal Authority head, Adm. Osama Mounier Mohamed Rabie.

    The Russian delegation comprised representatives of the Russian shipbuilding corporation AK Bars, which earlier signed a memorandum of cooperation with the Suez Canal Authority, and the Shipbuilding & Shiprepair Technology Center.

    Ryazantsev also met with the Egyptian presidential advisor for seaports and projects at the Suez Canal area to discuss Russian-Egyptian cooperation in shipbuilding and repairs.

    https://tass.com/economy/1088181
    ahmedfire
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    Post  ahmedfire Wed Dec 16, 2020 9:32 pm

    Parliament also approved an Egypt-Russia economic and military cooperation agreement signed in Sochi in October 2018.

    The 10-year deal, signed in Sochi on 17 October 2018, aims to reinforce cooperation between Egypt and Russia in the economic, investment, political and military areas. The agreement, once endorsed by the parliaments of the two countries, states that the two countries will conduct a strategic dialogue on military cooperation and that senior officials will exchange visits on a regular basis to discuss mutual interests.

    http://english.ahram.org.eg/NewsContent/1/64/396931/Egypt/Politics-/Egypts-parliament-concludes-fiveyear-term,-approve.aspx

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    magnumcromagnon
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    Post  magnumcromagnon Wed Dec 16, 2020 9:48 pm

    ahmedfire wrote:
    Parliament also approved an Egypt-Russia economic and military cooperation agreement signed in Sochi in October 2018.

    The 10-year deal, signed in Sochi on 17 October 2018, aims to reinforce cooperation between Egypt and Russia in the economic, investment, political and military areas. The agreement, once endorsed by the parliaments of the two countries, states that the two countries will conduct a strategic dialogue on military cooperation and that senior officials will exchange visits on a regular basis to discuss mutual interests.

    http://english.ahram.org.eg/NewsContent/1/64/396931/Egypt/Politics-/Egypts-parliament-concludes-fiveyear-term,-approve.aspx

    SANCTIONS!!!!!!!!!1!1!!!!!!11!
    ahmedfire
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    Post  ahmedfire Wed Dec 16, 2020 10:17 pm

    SANCTIONS!!!!!!!!!1!1!!!!!!11!

    Welcome Very Happy

    I guess this will not happen .They didn't repeat the threats since they announced it but their attitude with Turkey is totally different .
    ahmedfire
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    Egypt-Russia economic deals - Page 3 Empty Al-Sisi, Rosatom chief review implementation progress of Dabaa nuclear plant

    Post  ahmedfire Tue Dec 29, 2020 8:05 pm


    Al-Sisi, Rosatom chief review implementation progress of Dabaa nuclear plant



    Egypt’s President Abdel Fattah Al-Sisi received, on Monday, General Manager of the Russian Nuclear Energy Corporation (Rosatom) Alexei Lykhachov, to discuss the implementation progress of the Dabaa nuclear power plant.

    Also present at the meeting were: Egypt’s Minister of Electricity and Renewable Energy Mohamed Shaker; Amgad El Wakel, head of the Nuclear Power Plants Authority; Rosatom Deputy Manager Grigory Sosnin; and Giorgi Borisenko, Ambassador of the Russian Federation in Cairo.

    President Al-Sisi welcomed the Russian officials, and sent his sincere greetings and congratulations to his Russian counterpart, Vladimir Putin, and the Russian people on the occasion of Christmas.

    He also affirmed the extended and distinguished historic relations between the two countries.

    Al-Sisi told the Russian delegation that Egypt is looking forward to the commencement of work at the Dabaa nuclear power plant, as part of the achievements made by the ongoing and long-running joint Egyptian-Russian cooperation.

    He expressed confidence in the Russian experience that he noted will be reflected in the plant’s establishment in accordance with the highest technical, technological, and nuclear safety standards.

    For his part, Lykhachov praised Egypt’s economic and investment climate, as well as the favourable conditions for establishing large-scale developmental projects.

    He also congratulated President Al-Sisi for the Egyptian state’s successful containment of the novel coronavirus (COVID-19) pandemic, as well as the positive growth rates in the local economy.

    Lykhachov said that Russia gives priority to the Dabaa nuclear power plant, and is keen to complete it according to the specified timeframe and the highest standards.

    Egypt, in cooperation with Rosatom, is building a 4.8GW nuclear power plant in the Dabaa region in the country’s North Coast region. It is targeting experimental operation of the plant’s first reactor by 2026.


    Al-Sisi, Rosatom chief review implementation progress of Dabaa nuclear plant
    magnumcromagnon
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    Post  magnumcromagnon Wed Dec 30, 2020 1:16 am

    ahmedfire wrote:

    Al-Sisi, Rosatom chief review implementation progress of Dabaa nuclear plant





    Egypt’s President Abdel Fattah Al-Sisi received, on Monday, General Manager of the Russian Nuclear Energy Corporation (Rosatom) Alexei Lykhachov, to discuss the implementation progress of the Dabaa nuclear power plant.

    Also present at the meeting were: Egypt’s Minister of Electricity and Renewable Energy Mohamed Shaker; Amgad El Wakel, head of the Nuclear Power Plants Authority; Rosatom Deputy Manager Grigory Sosnin; and Giorgi Borisenko, Ambassador of the Russian Federation in Cairo.

    President Al-Sisi welcomed the Russian officials, and sent his sincere greetings and congratulations to his Russian counterpart, Vladimir Putin, and the Russian people on the occasion of Christmas.

    He also affirmed the extended and distinguished historic relations between the two countries.

    Al-Sisi told the Russian delegation that Egypt is looking forward to the commencement of work at the Dabaa nuclear power plant, as part of the achievements made by the ongoing and long-running joint Egyptian-Russian cooperation.

    He expressed confidence in the Russian experience that he noted will be reflected in the plant’s establishment in accordance with the highest technical, technological, and nuclear safety standards.

    For his part, Lykhachov praised Egypt’s economic and investment climate, as well as the favourable conditions for establishing large-scale developmental projects.

    He also congratulated President Al-Sisi for the Egyptian state’s successful containment of the novel coronavirus (COVID-19) pandemic, as well as the positive growth rates in the local economy.

    Lykhachov said that Russia gives priority to the Dabaa nuclear power plant, and is keen to complete it according to the specified timeframe and the highest standards.

    Egypt, in cooperation with Rosatom, is building a 4.8GW nuclear power plant in the Dabaa region in the country’s North Coast region. It is targeting experimental operation of the plant’s first reactor by 2026.


    Al-Sisi, Rosatom chief review implementation progress of Dabaa nuclear plant

    I'm waiting for..."SANCTIONS!!!!1!!!1!" from Uncle Sham. But wouldn't that be interesting if Uncle Sham's 'Fiefdom of Navigation' was restricted in the Suez as well as the Bosporus and Dardanelle's lol?
    Gomig-21
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    Post  Gomig-21 Wed Dec 30, 2020 1:29 am

    magnumcromagnon wrote:

    I'm waiting for..."SANCTIONS!!!!1!!!1!" from Uncle Sham. But wouldn't that be interesting if Uncle Sham's 'Fiefdom of Navigation' was restricted in the Suez as well as the Bosporus and Dardanelle's lol?

    That would be a great starter to counter any possible sanctions. The US Navy and other entities use the Suez Canal on a regular basis and I believe they get some discount of some sorts, not sure exactly what but I believe that discount is tied to some diplomatic level action between the US military and the Egyptian military.

    If the situation reaches this level, it'll be pretty bad for a long time and only get worst, too.
    ahmedfire
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    Post  ahmedfire Sat Mar 06, 2021 5:26 pm

    Russian shipping line launched to export Egyptian crops

    CAIRO: Egypt’s Kadmar Shipping Co. has announced the launch of the Russian Leader Line for transporting Egyptian agricultural crops between Alexandria and Russia.

    In a statement, the company said that the line would start shipping citrus, potatoes, grapes, pomegranates, and other produce this month.

    It added that shipments would take place via weekly direct sailings between the Alexandria Container and Cargo Handling Co. terminal at Dekheila port and the Novorossiysk container terminal on the Black Sea.

    The inauguration of the Russian Leader Line comes in the wake of cooperation between Egypt and Russia and a presidential directive to increase Egyptian exports.

    https://www.arabnews.com/node/1819296/business-economy

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    ahmedfire
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    Post  ahmedfire Sun Apr 25, 2021 6:58 pm

    Egypt, Russia: Leaders Agree to Resume Flights Between Countries

    Russian President Vladimir Putin and his Egyptian counterpart, Abdel Fattah al-Sisi, agreed to officially resume flights between their countries for the first time since 2015, the Egypt Independent reported April 23. ...

    https://worldview.stratfor.com/situation-report/egypt-russia-leaders-agree-resume-flights-between-countries

    Egypt to produce Russia’s Sputnik V, rollout expected in Q3 – statement

    Egyptian pharmaceutical firm Minapharm has agreed to produce more than 40 million doses a year of Russia’s Sputnik V coronavirus vaccine, the Russian Direct Investment Fund (RDIF), which markets the vaccine abroad, said on Thursday.

    https://egyptindependent.com/egypt-to-produce-russias-sputnik-v-rollout-expected-in-q3-statement/

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