Egypt will host an Arab-Russian economic summit before the end of the year with the participation of representatives from Arab countries and Russia, which will coincide with the convocation of the Egyptian-Russian Business Council.

 

In statements to MENA on Wednesday on the fringe of the Akhbar Al Yom Economic Conference, Secretary General of the Egyptian-Russian Business Council Alaa Ezzeldine said the summit's date will be set after coordination with the Russian side and other Arab countries.

 

The summit is scheduled to discuss joint investment opportunities between Russia and the Arab countries as well as means of promoting Egyptian exports to Russia, he added.

 

He pointed out that investment opportunities will include heavy industries, engineering commodities and other business sectors that concern the Russian side on the Egyptian market.