Envoy: India to invest $700m in Egypt
CAIRO: India looks forward to pumping additional investments into Egypt amounting to about $700 million in the coming few years, New Delhi’s ambassador in Cairo has said.
Ajit Gupte told a meeting of Egyptian and Indian businessmen in Cairo that Indian investments in Egypt currently stand at $3.15 billion.
He said Indian companies are implementing a number of important projects in Egypt.
![India looks forward to pumping additional investments into Egypt amounting to about $700 million in the coming few years. (Shutterstock)](https://www.arabnews.com/sites/default/files/2022/07/27/3357451-950446867.jpg)