Egypt’s President Sisi heads to India amid investment push

Published by
Al-Araby

Egyptian President Abdel Fattah Al-Sisi begins a visit to India on Wednesday where he will meet business leaders and be a guest of honour at India’s 26 January Republic Day. The trip will include discussions on strengthening economic relations between the two countries and reviewing opportunities for Indian investment in Egypt, a statement from the Egyptian presidency said. Egypt is trying to drum up foreign investment as it tries to manage a dollar shortage that has led to a sharp depreciation of the Egyptian pound. Last year it sought help from energy-rich Gulf allies and the International M…

Read More

Leave a Reply