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India is looking to expand trade and investment opportunities in Egypt, widen market access for its goods and services, and encourage imports of Egyptian products and capital inflows into India to foster mutually beneficial economic cooperation, Commerce and Industry Minister Piyush Goyal said. Addressing a community event organised by the Indian Community Association in Egypt (ICAE) here, he said the bilateral trade between the countries stood at about USD 6.5 billion. But for the size of the two economies, "I believe it's just a beginning; it cannot be our destination; the sky's the limit", he said here late last evening. India's exports to Egypt during 2025-26 amounted to USD 3.87 billion, and imports stood at USD 2.60 billion. India's major exports to Egypt include meat and poultry products, petroleum products, organic chemicals, cotton and machinery, and its major imports include crude petroleum, fertilisers, cotton and mineral products. "We are looking at investment ...
Commerce and Industry Minister Piyush Goyal will begin a two-day visit to Egypt on Sunday, focusing on ways to strengthen bilateral trade, investment ties and explore opportunities for cooperation in the Suez Canal Economic Zone, industrial development, manufacturing, infrastructure, ports and logistics, an official statement said. Egypt's strategic geographical location offers significant opportunities for Indian businesses to strengthen their presence in the country and access markets across Africa, the Middle East and Europe. The two sides are also expected to discuss measures to facilitate greater participation of businesses in each other's markets, strengthen institutional mechanisms, address trade-related concerns and promote investment partnerships, the commerce ministry said on Saturday. "Opportunities for cooperation in the Suez Canal Economic Zone, industrial development, manufacturing, infrastructure, ports and logistics, and regional value chains are also expected to ...
Egypt coach Hossam Hassan broke away from discussing his team's upcoming World Cup round of 16 match against Argentina to give an impassioned monologue about the plight of the Palestinian people. Hassan, who waved a Palestinian flag after Egypt's victory over Australia in the last round, spoke for more than four minutes on the subject on Monday and was applauded by many of the assembled media. "If there is anyone in the world who does not feel for the Palestinian people, then they are not human - whether they are Arab, European, or American," Hassan said at news conference to preview Egypt's game against defending champion Argentina on Tuesday. More than 2 million Palestinians in Gaza, largely displaced and living amid ruins, face uncertainty after a war that began when Hamas attacked Israel on Oct 7, 2023. Israel's retaliation has killed a total of 73,066 Palestinians, according to Gaza's Health Ministry. "Everywhere in the world, including in Europe or America, if someone hurts a
Foreign Ministers of Saudi Arabia, Egypt, Turkiye and Pakistan held consultations on the West Asia conflict in Islamabad on Sunday to find a way to de-escalate the ongoing war that has unsettled the region and caused severe global economic disruptions. The foreign ministers discussed the evolving regional situation and exchanged views on security issues while exploring options for broader peace in the region, an official said. The talks were held amidst a delay in the direct talks between the US and Iran. No statement was issued after the meeting. Egyptian Foreign Minister Badr Abdelatty and Turkish Foreign Minister Hakan Fidan arrived in Islamabad on Saturday, while their Saudi counterpart, Prince Faisal bin Farhan Al Saud, reached here on Sunday at the invitation of Pakistan Deputy Prime Minister and Foreign Minister Ishaq Dar. The two-day quadrilateral summit is Pakistan's attempt to broker peace in West Asia. After the meeting, the Saudi Foreign Minister Prince Faisal bin Farh
Egypt's Parliament is looking into ways to regulate children's use of social media platforms to combat what lawmakers called "digital choas," following some western countries that are considering banning young teenagers from social media. The House of Representatives said in a statement late Sunday that it will work on a legislation to regulate children's use of social media and "put an end to the digital chaos our children are facing, and which negatively impacts their future." Legislators will consult with the government and expert bodies to draft a law to "protect Egyptian children from any risks that threaten its thoughts and behavior," the statement said. The statement came after President Abdel-Fattah el-Sissi on Saturday urged his government and lawmakers to consider adopting legislation restricting children's use of social media, "until they reach an age when they can handle it properly." The president's televised comments urged his government to look at other countries ...
Israeli Prime Minister Benjamin Netanyahu said on Wednesday that he has approved a USD35 billion natural gas export deal to Egypt, the biggest gas deal in Israeli history. The agreement could also help repair relations between the two countries strained during the two-year war in the Gaza Strip. The gas will be delivered to Egypt over the next 15 years by US energy giant Chevron, a key owner of the gas field off Israel's coast in the Mediterranean Sea. Half of the proceeds are expected to go to Israel's state coffers. In a recorded video statement, Netanyahu said the deal "greatly strengthens Israel's position as a regional energy power, and it contributes to stability in our region. Egypt, which borders both Israel and Gaza, has served as a key mediator between Israel and the Palestinian militant Hamas group leading up to the US-brokered ceasefire that was agreed on in October. Cairo has also has been a vocal critic of Israel's offensive, which has killed tens of thousands of ...
External Affairs Minister S Jaishankar on Saturday (local time) held a series of meetings with his counterparts from Egypt and Europe on the sidelines of the Sir Bani Yas Forum in the UAE.Sharing details in a post on X, Jaishankar said he was pleased to meet Egypt's Foreign Minister Dr Badr Abdelatty at the forum."Nice to catch up with FM Dr Badr Abdelatty of Egypt at Sir Bani Yas Forum," he said.In a separate post, the EAM said he also met with several European leaders during the event, including Deputy Prime Ministers and Foreign Ministers from Luxembourg and Poland, as well as the Foreign Minister of Latvia."Great to be with European colleagues DPM & FM Xavier Bettel of Luxembourg, DPM & FM Radoslaw Sikorski of Poland and FM Baiba Braze of Latvia," Jaishankar said.Earlier, Jaishankar met with UK Deputy PM and Foreign Secretary David Lammy on the sidelines of the forum.He announced his interaction with Lammy in a post on X, stating, "Good to see UK DPM David Lammy on the