Aslanov told MENA on Monday that combined Russian investments in Egypt reached nearly $8 billion  by the end of 2020, with special focus on energy.

He expected the coming period will see more Russian investments in the sectors of industry, energy, transport, pharmaceuticals and foodstuffs.

Russia is considering the possibility of contributing to other attractive sectors in the Egyptian economy, including the auto industry, IT, infrastructure, ship-building, minerals and chemicals, Aslanov noted.