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2026-09-13T19:57:32.000Z

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Egypt and India target $12 billion trade

Egypt and India reaffirmed their commitment to strengthening their economic partnership, aiming to raise bilateral trade to $12 billion by 2026, compared to $4.2 billion in 2025. During their meeting in New Delhi, President Sisi and Prime Minister Modi discussed increasing Indian investments in Egypt, particularly in the manufacturing, technology, clean energy, and automotive sectors, leveraging Egypt’s geographical location and investment incentives. They also agreed to expand cooperation in renewable energy, green hydrogen, pharmaceuticals, and information technology, with the goal of achieving greater economic growth and facilitating the entry of Indian companies into the Egyptian market.

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