On Wednesday, Egyptian President Abdel Fattah al-Sisi will begin a visit to India where he will meet with business leaders and participate as a guest of honor at the Republic Day parade. The trip will focus on enhancing economic ties and exploring opportunities for Indian investment in Egypt, according to a statement from the Egyptian presidency. As Egypt faces a shortage of dollars and a decline in the value of the Egyptian pound, it is actively seeking foreign investment. The country previously sought support from Gulf nations and the IMF due to economic challenges exacerbated by the war in Ukraine.