{"id":580907,"date":"2023-01-25T13:35:44","date_gmt":"2023-01-25T13:35:44","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/25\/this-evening-el-sisi-signs-mous-with-indias-modi-pitches-indian-business-on-investments-in-egypt-happy-long-weekend-everyone\/"},"modified":"2023-01-25T13:35:44","modified_gmt":"2023-01-25T13:35:44","slug":"this-evening-el-sisi-signs-mous-with-indias-modi-pitches-indian-business-on-investments-in-egypt-happy-long-weekend-everyone","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/25\/this-evening-el-sisi-signs-mous-with-indias-modi-pitches-indian-business-on-investments-in-egypt-happy-long-weekend-everyone\/","title":{"rendered":"THIS EVENING: El Sisi signs MoUs with India\u2019s Modi, pitches Indian business on investments in Egypt + Happy long weekend, everyone"},"content":{"rendered":"

Good afternoon, friends. We\u2019re just a few short hours away from the long weekend<\/strong> here in Egypt \u2014 we hope those of you getting time off enjoy it, considering we won\u2019t get another holiday for a while.<\/p>\n

THE BIG STORY TODAY<\/strong><\/p>\n

<\/a> El Sisi signs cooperation MoUs with India during New Delhi trip:<\/strong> President Abdel Fattah El Sisi and Indian Prime Minister Narendra Modi signed today several MoUs for cooperation in tech, cybersecurity, youth, sports, and broadcasting, according to an Ittihadiya statement<\/a>. The two leaders signed the agreements at the Hyderabad Palace in New Delhi as El Sisi on the second day of his three-day visit to India, where he is being honored as \u201cchief guest\u201d at celebrations to mark India's 74th Republic Day tomorrow. The two leaders discussed ways to enhance bilateral relations, boost investments in various sectors, and increase the volume of trade between the countries, as well as regional and international issues.<\/p>\n

El Sisi also met with several Indian ministers, officials and businessmen to pitch<\/strong> economic and trade cooperation, including increasing Indian investments in Egypt<\/strong>, according to a separate statement<\/a>. El Sisi pointed to the Suez Canal Economic Zone, which includes a number of industrial and logistical zones, as a promising opportunity for Indian companies wanting to benefit from Egypt\u2019s strategic location and trade agreements with several nations. Indian officials expressed their interest in growing the two countries\u2019 trade of agricultural products.<\/p>\n

THE BIG STORY ABROAD<\/strong><\/p>\n

Germany has agreed to send battle tanks to Ukraine out of its own military stocks<\/strong>, after months of deliberation and hand-wringing that Germany\u2019s decision to supply Ukraine with military tools would stoke the fire with Russia. The story is leading the conversation in the international business press this afternoon: Reuters<\/a> | CNBC<\/a> | Wall Street Journal<\/a> | Financial Times<\/a><\/p>\n

HAPPENING NOW-<\/strong><\/p>\n

Cairo Book Fair kicks off:<\/strong> Prime Minister Moustafa Madbouly inaugurated the Cairo International Book Fair earlier today, according to a statement<\/a>. The fair opens to the public tomorrow at the Egypt International Exhibition Center and runs through 9 February.<\/p>\n

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** CATCH UP QUICK<\/strong> on the top stories from today\u2019s EnterpriseAM<\/strong>:<\/p>\n