• Sunday, 12 December 2021

    Russia will start pouring money into RIZ buildout

    Russia will start financing the construction of its Russian Industrial Zone (RIZ) next year, First Deputy Minister of Industry and Trade Vasily Osmakov said at a Russian trade forum over the weekend, Russian news agency Tass reports. Construction was originally...
  • Wednesday, 17 November 2021

    Russia unveils RIZ plans

    Russia unveiled the master plan for its industrial zone to Suez Canal Economic Zone officials during an official visit to Egypt on 14-16 November, Russian news agency Tass reports. Russian Industry and Trade Ministry official Roman Chekushov told the news...
  • Tuesday, 31 August 2021

    Work on the RIZ to start by early 2022

    The Suez Canal Economic Zone will begin work on the new and improved Russian Industrial Zone (RIZ) by the beginning of next year, SCZone head Yehia Zaki said (pdf) today during a meeting with a delegation of Russian companies interested...
  • Thursday, 10 June 2021

    Also on our radar on 10 June 2021

    Other things we’re keeping an eye on this morning: Some 20% of the USD 7 bn Russian Industrial Zone (RIZ) in East Port Said has been finished, representing 1 mn sqm out of the 5.25 mn sqm stretch of land...
  • Sunday, 6 June 2021

    Russia wants another RIZ in latest sign of warming ties with Moscow

    Russia wants a second industrial zone in Egypt: The Suez Canal Economic Zone has received a request from Russia to establish a new Russian industrial zone in Ain Sokhna, SCZone Chairman Yehia Zaki said during a meeting with PM Moustafa...
  • Tuesday, 20 October 2020

    Russian industrial zone in Egypt to begin production in 2022- ambassador

    The Russian Industrial Zone (RIZ) is expected to be up and running in 2022, provided final talks to establish the zone are completed next year, Russia’s ambassador to Egypt Georgy Borisenko said in an interview with Al Akhbar. As many...
  • Thursday, 4 June 2020

    Gov’t to resume trade talks with Eurasian Economic Union

    Gov’t to resume trade talks with Eurasian Economic Union: Trade and Industry Minister Nevine Gamea will soon resume expert-level trade agreement talks with the Eurasian Economic Union (EAEU) with an eye on holding ministerial-level negotiations in 4Q2020, following a call...
  • Thursday, 24 October 2019

    El Sisi brings up Russian flights to Egypt with Putin, but no breakthrough yet

    Emiratis want to get involved with the RIZ, Putin tells El Sisi: The UAE has expressed interest in investing in the Russian Industrial Zone (RIZ), Russian President Vladimir Putin said during his meeting with President Abdel Fattah El Sisi on...
  • Tuesday, 22 October 2019

    What we’re tracking on 22 October 2019

    The two-day Russia-Africa summit kicks off tomorrow in Sochi: Leaders from more than 50 African countries will gather at the Black Sea resort town to discuss strengthening economic ties with Moscow. The event, which will be chaired by President Abdel...

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