The Eurasian Economic Union (EAEU) will build joint infrastructure in Egypt’s Russian Industrial Zone, the organization’s Industrial Policy Council decided last week, according to Belarusian news agency BelTA. This will be the union’s first large-scale joint project in a third country. The time frame of the project, which was announced during the Big Industrial Week exhibition in Cairo last week, was not disclosed.
More from Enterprise
The digital EGP won’t look different at checkout — but it will work nothing like InstaPay
Every instant payment today depends on your bank or telco.…
Granite is about to test whether Egypt’s funds still need administrators
The asset manager and blockchain builder Tarmiiz have entered the…
Egypt is fixing how deals get executed, but what pushes investors offshore runs deeper than the reforms on the table
Investment Ministry and a Senate committee are both moving to…
Egyptian-UK fintech Zeal raises USD 10 mn to back expansion plans
The London-based, Egyptian-founded fintech is preparing to activate its loyalty…