Egyptian President’s visit to New Delhi.
Meanwhile, the President of Egypt arrived in New Delhi, the capital of India, on a several-day trip, which many analysts consider to be a sign of the policy of looking to the east of Cairo and leaving the circle of traditional relations.
Egyptian President Abdel Fattah Al-Sisi, during his trip to India yesterday, entered the Government Palace in Hyderabad to meet and talk with Indian Prime Minister Narendra Modi.
During this trip, the President of Egypt visited the mausoleum of Mahatma Gandhi and signed his memorial book while laying a wreath.
The website of the Egyptian newspaper “Al-Yum Al-Shiim” wrote: Al-Sisi said in his speech that visiting the grave of Gandhi, the late leader of India, was an honor for him. Gandhi was a turning point in the history of humanity by objectifying principles and values such as justice, peace, equality and opposition to violence, as well as courageous national positions and emphasizing the option of peaceful resistance.
He added: The whole world needs to be inspired by these principles and human principles that played a role in uniting the people of India and its uprising, and we in Egypt believe in and adhere to it in all periods and eras.
The President of Egypt pointed out: Egypt and India share a common history and are equal in their commitment to expanding security, peace and stability and supporting the efforts made for growth, prosperity and development.
Al-Jazeera: Al-Sisi is looking to attract capital
The Qatari network “Al Jazeera” stated that the purpose of Abdul Fattah Al-Sisi’s visit to India and meeting with Indian businessmen and capitalists was to attract funds from this country to support the Egyptian economy.
The statement of the Egyptian presidential office about this visit says that El-Sisi will hold talks on strengthening economic relations between the two countries during his visit to India and will present a report on India’s investment opportunities in Egypt.
This statement, referring to the 75-year-old relations between Egypt and India, pointed out that, in addition to meeting with the Prime Minister of India, his Indian counterpart “Drobadi Mormo” and also heads and managers and representatives of a number of Indian companies, in this trip, El-Sisi is supposed to meet. Meet and discuss.
According to this statement, Al-Sisi is going to explain to them the opportunities to attract investment in Egypt in a meeting with the heads and managers and representatives of Indian companies.
Cairo is trying to attract foreign investments to the Egyptian economy, in the situation where the country’s economy is facing a shortage of dollars and a devaluation of the national currency.
Last year, after the economic consequences of the Ukraine war and the challenges it faced intensified, Egypt tried to get aid from some oil Arab countries of the Khilaj [Persian] basin, as well as the International Monetary Fund.