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Russia's business boom in Egypt fuels trade and tourism growth in 2025

A historic partnership deepens as Egypt's booming market lures Russian firms. From nuclear deals to record tourism, opportunity knocks louder than ever.

The image shows the Nile River in Egypt, with boats on the water, rocks, trees, buildings, and a...
The image shows the Nile River in Egypt, with boats on the water, rocks, trees, buildings, and a sky in the background.

Russia's business boom in Egypt fuels trade and tourism growth in 2025

Egypt's economy is drawing fresh interest from Russian businesses, with trade ties strengthening in 2025. The country's rapid population growth and expanding consumer market present new opportunities in food, tourism, and energy. Historical bonds between the two nations also continue to shape their partnership today. Egypt's population has doubled over the past 30 years, fuelling demand in key sectors. Russian firms now see potential in dairy, meat, fish, confectionery, and non-alcoholic drinks. Trade between the two countries rose by 13% in 2025, reaching $10.5 billionβ€”up from $9.3 billion the previous year.

Tourism has also hit record levels, with 19 million visitors in 2025 bringing in over $18 billion. Yet economic growth slowed to 2.4% in 2024, down from 3.8% in 2023. Despite this, Egypt's total trade turnover reached $140 billion last year, with imports at $95 billion and exports at $45 billion. Energy remains a major focus. In 2016, Egypt signed a $30 billion deal with Russia's Rosatom to construct its first nuclear power plant. Historical ties run deep, including Soviet support during the 1956 Suez Crisis. While no major infrastructure projects have been announced since the Aswan Dam's completion in 1970, cooperation persists in trade and tourism. Egypt's GDP per capita (PPP) grew by 28% from 2014 to 2024, outperforming the Arab world's 4% average. This growth, combined with a young and expanding population, makes the country an attractive market for foreign investors.

Russian businesses are now eyeing Egypt's food and beverage sectors, while tourism and energy deals strengthen bilateral ties. With trade volumes rising and a growing consumer base, the partnership looks set to expand further. The nuclear power project remains a key symbol of their long-standing cooperation.

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