{"id":682601,"date":"2026-01-22T00:00:00","date_gmt":"2026-01-22T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2026\/01\/22\/el-sisi-trump-meet-up-on-the-sidelines-of-davos\/"},"modified":"2026-01-22T08:23:50","modified_gmt":"2026-01-22T08:23:50","slug":"el-sisi-trump-meet-up-on-the-sidelines-of-davos","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2026\/01\/22\/el-sisi-trump-meet-up-on-the-sidelines-of-davos\/","title":{"rendered":"El Sisi, Trump meet up on the sidelines of Davos"},"content":{"rendered":"<p style=\"padding: 0; margin: 0; line-height: 1.15; orphans: 2; widows: 2; text-align: left;\"><strong>Gerd took center stage during a meeting between US President Donald Trump and <\/strong><strong>President Abdel Fattah El Sisi<\/strong> on the sidelines of Davos yesterday <a href=\"https:\/\/www.youtube.com\/watch?v=wQy4Pf5--N4\" target=\"_blank\" rel=\"noopener\">(watch, runtime: 10:11)<\/a>.<\/p>\n<p style=\"padding: 0; margin: 0; line-height: 1.15; orphans: 2; widows: 2; text-align: left;\"><strong>As expected, the meeting touched on Trump\u2019s proposal to mediate the Egypt-Ethiopia <\/strong><strong>dispute over the dam<\/strong>, with Trump saying that it \u201chas become a very dangerous issue \u2026 I\u2019ll see if I can get that back on track.\u201d<\/p>\n<p style=\"padding: 0; margin: 0; line-height: 1.15; orphans: 2; widows: 2; text-align: left;\"><strong>Trump seems to be backing Egypt: <\/strong>\u201cWe're going to do a joint venture of sorts .. They built a dam where somebody's not getting the water that they are supposed to get and that they've gotten for a mn years \u2026 I wouldn't be happy about it,\u201d he said.<\/p>\n<p style=\"padding: 0; margin: 0; line-height: 1.15; orphans: 2; widows: 2; text-align: left;\"><strong>The way forward: <\/strong>\u201cI\u2019m going to try bringing the two of you [El Sisi and Ethiopia\u2019s leader] together, see if we can make a deal,\u201d Trump told El Sisi<\/p>\n<p style=\"padding: 0; margin: 0; line-height: 1.15; orphans: 2; widows: 2; text-align: left;\"><strong>\u201c<\/strong><strong>We have peace in the Midd<\/strong><strong>le East<\/strong>,\u201d Trump reiterated several times during the meeting. \u201cYou might have Hamas where you have a little flame here and there but basically that\u2019ll be taken out \u2026 they will be eliminated,\u201d Trump said.<\/p>\n<p style=\"padding: 0; margin: 0; line-height: 1.15; orphans: 2; widows: 2; text-align: left;\"><strong>Egypt had earlier accepted an invitation from the US to join the Board of Peace for Gaza <\/strong>to oversee the administration and reconstruction of the enclave, according to a <a href=\"https:\/\/www.facebook.com\/share\/p\/1Bt3HAgnHa\/\" target=\"_blank\" rel=\"noopener\">statement<\/a> from the Foreign Ministry.<\/p>\n<p style=\"padding: 0; margin: 0; line-height: 1.15; orphans: 2; widows: 2; text-align: left;\"><strong>El Sisi also delivered a <\/strong><strong>special <\/strong><strong>address<\/strong><strong> to the forum yesterday<\/strong>, calling for all nations to \u201cjoin forces and strengthen cooperation and joint action\u201d to address both geopolitical and economic challenges (<a href=\"https:\/\/www.weforum.org\/meetings\/world-economic-forum-annual-meeting-2026\/sessions\/special-address-by-abdel-fattah-el-sisi-president-of-egypt\/\" target=\"_blank\" rel=\"noopener\">watch, runtime; 33:10<\/a>). The issue of Palestine featured prominently in the speech, with the head of state calling for the need to \u201cbuild on the gains of the Sharm El Sheikh Summit, consolidate the ceasefire, and ensure the flow of humanitarian aid to Gaza without restrictions, while accelerating the launch of the early recovery process and reconstruction in various areas of the strip.\u201d<\/p>\n<p style=\"padding: 0; margin: 0; line-height: 1.15; orphans: 2; widows: 2; text-align: left;\"><strong>The president also used some of his stage time to describe how \u201cdespite the numerous <\/strong><strong>regional and international crises, Egypt was able to continue implementing its ambitious economic reform program.\u201d<\/strong> El Sisi added that these efforts have resulted in a \u201cmarked improvement in economic performance indicators, higher growth rates, and increased private investment flows, along with widespread praise from international financial institutions.\u201d<\/p>\n<p style=\"padding: 0; margin: 0; line-height: 1.15; orphans: 2; widows: 2; text-align: left;\"><strong>El Sisi name-checked the domestic and international business community multiple times in his remarks<\/strong>, noting that Egypt \u201ccontinues to create a business climate attractive to the private sector, considering it a fundamental partner,\u201d per <a href=\"https:\/\/www.facebook.com\/Egy.Pres.Spokesman\/posts\/pfbid0s2ekcviZGUucHyQ318uPU8F7xoSNRA4DcY6aapDcrzq3hJ34XresLUMkKHK6dKKVl?rdid=UxzueRwUQ2MN1Nhs\" target=\"_blank\" rel=\"noopener\">a readout from Ittihadiya<\/a>.<\/p>\n<p style=\"padding: 0; margin: 0; line-height: 1.15; orphans: 2; widows: 2; text-align: left;\"><strong>\u201cI urge you to seize these <\/strong><strong>opportunities<\/strong><strong> and take advantage of the advanced <\/strong><strong>infrastructure that Egypt has developed over the past years,\u201d<\/strong> he told the audience. El sisi singled out automotive, pharma, logistics, information technology, and new and renewable energy being particularly attractive to foreign investors.<\/p>\n<p style=\"padding: 0; margin: 0; line-height: 1.15; orphans: 2; widows: 2; text-align: left;\"><strong>Is the president planning a business conference? <\/strong>El Sisi made reference in his remarks to a \u201csession dedicated to business in Egypt\u201d that would take place under his patronage later this year. He called this an \u201cimportant event\u201d but gave no further details.<\/p>\n<p class=\"tag-border-left\">Also from day three<\/p>\n<p style=\"padding: 0; margin: 0; line-height: 1.15; orphans: 2; widows: 2; text-align: left;\"><strong>CIB CEO Hisham Ezz El Arab spoke to <\/strong><strong><a href=\"https:\/\/www.cnbcarabia.com\/147915\/2026\/21\/01\/%D8%A7%D9%84%D8%B1%D8%A6%D9%8A%D8%B3-%D8%A7%D9%84%D8%AA%D9%86%D9%81%D9%8A%D8%B0%D9%8A-%D9%84%D9%84%D8%A8%D9%86%D9%83-%D8%A7%D9%84%D8%AA%D8%AC%D8%A7%D8%B1%D9%8A-%D8%A7%D9%84%D8%AF%D9%88%D9%84%D9%8A-%D9%81%D9%8A-%D9%85%D8%B5%D8%B1-%D9%84%D9%80-CNBC-%D8%B9%D8%B1%D8%A8%D9%8A%D8%A9:-%D9%85%D8%B4%D9%83%D9%84%D8%A9-%D9%85%D8%B5%D8%B1-%D9%81%D9%8A-%D8%AD%D8%AC%D9%85-%D8%A7%D9%84%D8%A5%D9%8A%D8%B1%D8%A7%D8%AF%D8%A7%D8%AA-%D9%88%D9%84%D9%8A%D8%B3-%D9%81%D9%8A-%D8%AD%D8%AC%D9%85-%D8%A7%D9%84%D8%AF%D9%8A%D9%86\" target=\"_blank\" rel=\"noopener\">CNBC Arabia<\/a><\/strong> on the current macroeconomic landscape and where he sees interest rates ending the year.<\/p>\n<p style=\"padding: 0; margin: 0; line-height: 1.15; orphans: 2; widows: 2; text-align: left;\"><strong>On our massive debt service bill<\/strong>, he said that it is a revenue problem as much as it is a spending one. The core issue is structural disconnect in public finance \u2014 the Finance Ministry controls only 50% of state revenues, with the remainder trapped with government entities. Ezz El Arab also criticized the tax system for failing to tax high-value activities like land trading and real estate speculation.<\/p>\n<p style=\"padding: 0; margin: 0; line-height: 1.15; orphans: 2; widows: 2; text-align: left;\"><strong>The interest rate outlook: <\/strong>Ezz El Arab expects the central bank to continue its monetary easing cycle this year, so that the year ends with rates standing at 12-13%, as the CBE continues its efforts to anchor inflation and maintain liquidity. The bank ended 2025 with a 100 bps cut, bringing rates to 20.0% for overnight deposit and 21.0% for overnight lending.<\/p>\n<p style=\"padding: 0; margin: 0; line-height: 1.15; orphans: 2; widows: 2; text-align: left;\"><strong>(** Tap or click the headline above to read this story with all of the links <\/strong>to our background as well as external sources.)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Egypt accepted an invitation from the US to join the Board of Peace for Gaza<\/p>\n","protected":false},"author":1,"featured_media":682648,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7335],"tags":[96,984,72,12389],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-682601","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-big-story-today","tag-abdel-fattah-el-sisi","tag-donald-trump","tag-enterpriseam","tag-the-big-story-today","wpautop","entry"],"acf":{"mongo_id":"2880d530-0763-46ee-bf64-4aa54287baf2","order":"4","is_powered_by":false,"story_type":"1","photo_url":"","photo_position":"above","homepage_title":"","full_issue_title":"El Sisi, Trump meet up on the sidelines of Davos","related_issue":[682596],"teaser":"Egypt accepted an invitation from the US to join the Board of Peace for Gaza","photo_link":"","related_sponsor":"","voice_url":"","en_translation_ref_id":"","section_story_id":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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The newswire quoted Trump as saying \u201ceverybody has demonstrations. I\u2019m not concerned with it. Egypt\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/9\/2735.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":596396,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/27\/el-sisi-meets-trump-johnson-and-macron-at-g7-summit\/","url_meta":{"origin":682601,"position":1},"title":"El Sisi meets Trump, Johnson and Macron at G7 summit","author":"enterpriseam admin","date":"27 August 2019","format":false,"excerpt":"Warm words between El Sisi and Trump at G7 summit: US President Donald Trump said that Egypt has made \u201ctremendous progress\u201d during talks with President Abdel Fattah El Sisi yesterday, according to a White House statement. The two leaders met for the first time since April on the sidelines of\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/8\/2461.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":634930,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/29\/egypt-elected-to-preside-over-au-summit-in-2019\/","url_meta":{"origin":682601,"position":2},"title":"Egypt elected to preside over AU summit in 2019","author":"enterpriseam admin","date":"29 January 2018","format":false,"excerpt":"Egypt elected to chair African Union in 2019: President Abdel Fattah El Sisi participated yesterday in a closed session of African Union (AU) heads of state at the 30th summit in Addis Ababa, during which Egypt was elected to chair the AU in 2019 for one year, according to an\u2026","rel":"","context":"In &quot;Diplomacy + Foreign Trade&quot;","block_context":{"text":"Diplomacy + Foreign Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/diplomacy-foreign-trade\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":569883,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/10\/ethiopia-says-us-was-given-inaccurate-information-on-gerd\/","url_meta":{"origin":682601,"position":3},"title":"Ethiopia says US was given \u201cinaccurate\u201d information on GERD","author":"enterpriseam admin","date":"10 March 2020","format":false,"excerpt":"Ethiopia says US President Donald Trump was provided with \u201cinaccurate and misleading\u201d information about the Grand Ethiopian Renaissance Dam (GERD), the Associated Press reports. This follows a war of words that has emerged between Egypt and Ethiopia after the latter did not attend the last round of US and World\u2026","rel":"","context":"In &quot;Diplomacy + Foreign Trade&quot;","block_context":{"text":"Diplomacy + Foreign Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/diplomacy-foreign-trade\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":602928,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/04\/10\/trump-calls-el-sisi-a-great-president-during-diplomatic-talks\/","url_meta":{"origin":682601,"position":4},"title":"Trump calls El Sisi a \u201cgreat president\u201d during diplomatic talks","author":"enterpriseam admin","date":"10 April 2019","format":false,"excerpt":"Trump calls El Sisi a \u201cgreat president\u201d during diplomatic talks: US President Donald Trump described President Abdel Fattah El Sisi as a \u201cgreat president\u201d and a \u201cgreat friend\u201d during diplomatic talks in Washington, DC yesterday. \u201cWe\u2019ve never had a better relationship, Egypt and the United States, than we do right\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/4\/790.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":599535,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/02\/el-sisis-cooperation-talks-with-trump-and-egypts-state-budget-top-headlines-this-morning\/","url_meta":{"origin":682601,"position":5},"title":"El Sisi\u2019s cooperation talks with Trump and Egypt\u2019s state budget top headlines this morning","author":"enterpriseam admin","date":"2 January 2019","format":false,"excerpt":"For the first time in weeks, the front pages of Egypt three main state-owned newspapers are not running identical stories. 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