When President Narendra Modi visited his Egyptian counterpart Abdel Fattah al-Sisi in Cairo last week, it marked the first trip to Egypt from an Indian head of state since 1997. The summit between the two leaders focused on boosting economic and diplomatic ties at a time when emerging markets are moving closer together to tackle the fallout of global rising interest rates, rampant inflation, and the political vacuum left by the US retreat from foreign policy. Egypt is at a critical stage in its economic recovery plan and needs to build on momentum with new markets to bring in much-needed investment. India is seeking to cement its status as the voice of the Global South
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