Cairo: Egyptian President Abdel Fattah al-Sisi and Chinese President Xi Jinping unveil an emblem on development projects in Suez Canal area during their meeting on Thursday.—Reuters
Cairo: Egyptian President Abdel Fattah al-Sisi and Chinese President Xi Jinping unveil an emblem on development projects in Suez Canal area during their meeting on Thursday.—Reuters

CAIRO: Chinese President Xi Jinping signed a slew of multi-billion-dollar deals with Egypt on Thursday as part of a regional tour aimed at bolstering Beijing’s economic ties and clout in the Middle East.

After arriving late on Wednesday from Saudi Arabia, Xi held talks with Egypt’s President Abdel Fattah al-Sisi and was to address the Cairo-based Arab League.

State television broadcast the live signing of bilateral agreements at a presidential palace in Cairo in the presence of the two leaders.

“The two sides have agreed to undertake 15 projects... mainly in sectors like electricity, transportation and infrastructure,” Xi said in a joint statement with Sisi.

“The total investments in these projects would be $15 billion. These projects will offer a new impetus to the economic development of Egypt”. Sisi said the agreements were the “best evidence of the two countries’ determination to improve their levels of cooperation”. In an article in state-run newspaper Al-Ahram ahead of his visit, Xi expressed China’s backing for Egypt running its affairs without outside interference.

“China supports the people of Egypt in making independent choices for the future of their own country,” he wrote.

He also said China supported Egypt “playing an active role in regional and international affairs”. Xi’s regional tour, his first to the Middle East as president, will take him next to Iran.

Beijing has long taken a backseat to other diplomatic players in the Middle East but analysts say the region is crucial to Xi’s signature foreign policy initiative — known as “One Belt One Road” — touted as a revival of ancient Silk Road trade routes.

Published in Dawn, January 22nd, 2016

Opinion

Editorial

Sustainable path?
Updated 13 Jun, 2026

Sustainable path?

The FY27 budget is the first clear signal that the government is ready to transition from stabilisation to growth.
Prioritising education
13 Jun, 2026

Prioritising education

THOUGH the improvement in the country’s literacy rate may be slight, as highlighted by the Economic Survey, it ...
Poverty’s rise
13 Jun, 2026

Poverty’s rise

AS attention turns to the government’s plans for the coming fiscal year, one set of figures deserves particular...
A difficult story
Updated 12 Jun, 2026

A difficult story

Unless productivity becomes the dominant target of economic policy, Pakistan will continue to oscillate between crises and fragile recovery.
Rough waters
12 Jun, 2026

Rough waters

AMONGST the key potential triggers for fresh conflict in South Asia is water. The Indian state is behaving in an...
Politicised football
12 Jun, 2026

Politicised football

ALMOST three-and-half years since Lionel Messi led Argentina to FIFA World Cup glory, the latest edition of...