Sun City

Egypt set to host Sun City, Russia’s unprecedented industrial hub

Egyptian Minister of Investment and Foreign Trade, Hassan al-Khatib, and Russian Minister of Industry and Trade, Anton Alikhanov, witnessed the signing of the usufruct contract for the Russian Industrial Zone in the Suez Canal Economic Zone. The establishment of the Russian Industrial Zone in Egypt marks a unique undertaking, being Russia’s first such venture in …

The post Egypt set to host Sun City, Russia’s unprecedented industrial hub appeared first on Egypt Independent.

Egypt Independent May 17, 2025

Russia, Egypt talk establishing ‘Sun City’ industrial zone over 2,000 hectares worth US$4.6 bn

A project to establish a Russian industrial zone within Egypt’s Suez Canal economic zone is currently being discussed, Russian President Vladimir Putin said during his visit to the UAE pavilion at the St. Petersburg International Economic Forum. The UAE President Sheikh Mohammed bin Zayed proposed tripartite cooperation between Russia, Egypt and the UAE. Egyptian-Russian negotiations …

The post Russia, Egypt talk establishing ‘Sun City’ industrial zone over 2,000 hectares worth US$4.6 bn appeared first on Egypt Independent.

Egypt Independent June 16, 2023