President Abdel Fattah El-Sisi met with CEOs of major Indian companies in New Delhi on Saturday to discuss their investment plans and expansion opportunities in Egypt, on the sidelines of the 18th BRICS Summit.
The meeting reflects the scale of operations of the companies involved and their ambitious plans to expand investments in Egypt, according to Mohamed El-Shenawy, spokesperson for the Egyptian presidency.
El-Shenawy said the discussions also highlighted the opportunities available in the Egyptian market and its potential to attract foreign direct investment.
El-Sisi is leading Egypt’s delegation to the BRICS summit, hosted by India under the theme “Building Resilience, Innovation, Cooperation and Sustainability.”
Egypt is participating in the summit for the third consecutive year after joining BRICS in January 2024.
El-Sisi is scheduled to deliver Egypt’s statement during the closed session of BRICS leaders on Saturday, followed by an expanded session bringing together member and partner countries on Sunday.
The president is also expected to hold bilateral meetings with a number of BRICS leaders and senior officials from international organizations on the sidelines of the summit.
