Putin, who heads a high-ranking delegation of Russian officials, was welcomed by the Egyptian president at the entrance of al-Kobba Palace in Cairo on Tuesday.
The two heads of state began private talks at the presidential palace after the national anthems of the two countries were played.
The two leaders are scheduled to sign several agreements and attend a joint press conference following their talks.
Russian ministers and officials accompanying Putin are also slated to meet with their Egyptian counterparts.
The Russian delegates arrived in the Egyptian capital to hold talks with their Egyptian counterparts on Monday and were greeted by Sisi at Cairo International Airport.
Earlier on Monday, Putin said during an interview with Egypt’s al-Ahram daily newspaper that Moscow and Cairo may soon abandon the US dollar in bilateral trade and use their national currencies instead. The Russian leader added that the volume of bilateral trade between the two countries amounted to more than USD 4.5 billion, a figure nearly 50 percent up from the previous year.
Russia is one of the main non-Arab supporters of Sisi’s government and was among the first countries to endorse Sisi’s presidential bid in 2014.
Sisi also visited Moscow soon after the ouster of Egypt’s first democratically-elected president, Mohamed Morsi, in a military coup in July 2013.
He made another visit to the European country in August 2014 after he won the Egyptian presidential election.
