Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Phygital Contenders Astana 2026 Wraps Up with New Champions and Games of the Future 2026 Qualifiers Confirmed

    June 15, 2026

    STARTRADER Hosts KTH Alumni Evening in Dubai, Connecting AI, Technology, and Innovation Leaders

    June 15, 2026

    Building the AI-First Gulf: How GCC Enterprises Are Entering the Next Digital Era

    June 13, 2026
    Middle East NewsreportMiddle East Newsreport
    • Automotive
    • Business
    • Entertainment
    • Health
    • Lifestyle
    • Luxury
    • News
    • Sports
    • Technology
    • Travel
    Middle East NewsreportMiddle East Newsreport
    Home » Modi-Sisi sign MoUs to boost Indian-Egyptian trade to $12 billion
    Business

    Modi-Sisi sign MoUs to boost Indian-Egyptian trade to $12 billion

    January 26, 2023
    Facebook WhatsApp Twitter Pinterest LinkedIn Telegram Tumblr Email Reddit VKontakte

    Abdel Fattah El-Sisi, president of Egypt, met Prime Minister Narendra Modi today in New Delhi. During this visit, India and Egypt exchanged MoUs on cyber security, culture, information technology, youth affairs and broadcasting. After the meeting, Prime Minister Modi stated that terrorism is the greatest security threat to humanity, and India and Egypt are concerned about its spread.

    Bilateral relations have been elevated to strategic partnership, he said. Both countries have plenty of opportunities in the defence sector, Modi said. The India-Egypt strategic partnership can lead to political, defense, and scientific development. According to the Prime Minister, both nations have also agreed to further strengthen defense industry cooperation and increase counterterrorism intelligence exchanges. In five years, Mr Modi predicted $12 billion in bilateral trade between both nations.

    Egypt’s president, Abdel Fattah El-Sisi, said Indian investment in Egypt was discussed because the country has many investment opportunities. According to him, both countries discussed enhancing trade and investment cooperation. Egypt and India discussed fighting terrorism and radicalization and increasing defence cooperation.

    Egypt’s President arrived in India yesterday evening for a three-day visit. Sisi was the Chief Guest on India’s 74th Republic Day. A ceremonial welcome was accorded to President Sisi at Rashtrapati Bhavan this morning. A number of leaders were present, including President Droupadi Murmu and Prime Minister Modi. In tribute to Mahatma Gandhi, President Sisi laid a wreath at Rajghat. The External Affairs Minister also met with the Egyptian President this morning.

    During his speech in the morning, Abdel Fattah El-Sisi said participating in the glorious national day is a great privilege. Egypt-India relations have been characterized by stability and balance. According to Sisi, bilateral relations between the two countries will be strengthened further.

    Related Posts

    Samsung leads global chip investment with US$59.2B spend

    June 10, 2026

    Korean cosmetics exports hit US$5.6 billion in five months

    June 8, 2026

    Egypt GDP rises 5.2% as foreign reserves climb

    June 8, 2026

    Dollar heads for weekly gain as yen nears 160 level

    June 5, 2026

    Investor interest lifts UAE real estate in global index

    June 5, 2026

    Tokyo market splits as Nikkei sets closing record

    June 2, 2026
    Last News

    South Korea tops Czechia 2-1 in FIFA World Cup Group A

    June 12, 2026

    ZAPOPAN, MEXICO / Content Syndication Services / – South Korea opened its FIFA World Cup Group A…

    KSQF UNICEF project helps children leave Congo mines

    June 11, 2026

    KINSHASA, DEMOCRATIC REPUBLIC OF THE CONGO / MENA Newswire / – KSQF and UNICEF have announced a partnership to…

    UAE and US discuss UN cooperation in Abu Dhabi

    June 11, 2026

    ABU DHABI / MENA Newswire / – H.H. Sheikh Abdullah bin Zayed Al Nahyan, UAE…

    Kuwait flights resume after brief airspace closure

    June 11, 2026

    KUWAIT CITY, KUWAIT / MENA Newswire / – Kuwait restored normal air traffic after a…

    © 2026 Middle East Newsreport | All Rights Reserved
    • Home
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.