During his visit to the Mediterranean country, Prime Minister Narendra Modi spoke with an Egyptian CEO and an oil strategist about the economy, the development of infrastructure, and energy security.
On the first day of his two-day visit to Egypt on Saturday, Modi met Hassan Allam, CEO of Hassan Allam Holding Company, and Egyptian author and petroleum analyst Tarek Heggy in Cairo, according to a statement from the Ministry of External Affairs.
The Prime Minister’s Office (PMO) tweeted that Modi and Mr. Hassan Allam, the CEO of Hassan Allam Holding Company, “had a productive meeting.” They talked about the economy and ways to cooperate more closely in areas like infrastructure and development.
Hassan Allam is one of the biggest Egyptian businesses operating in the Middle East and North Africa, according to the MEA. They talked about how to work more closely together with Indian businesses in the infrastructure, construction, green hydrogen, and renewable energy sectors.
With operations in Egypt, Saudi Arabia, and Algeria, Hassan Allam Holding is a well-known private construction company that specializes in massive turnkey industrial and infrastructural projects. It has subsidiaries and affiliates in a variety of ancillary industries, including electromechanical work, steel fabrication, ready-mix concrete, construction technology, and a factory that makes concrete pipes. It also has a joint venture with Cemex to create concrete roadways.
Separately, the Prime Minister met with Heggy. The PMO stated that the two “had an enriching conversation on a wide range of topics relating to global affairs.”
An MEA press release on the meeting with Heggy stated that “the two discussed topics related to global geopolitics, energy security, radicalism, and gender equality.”
Heggy is the co-founder of the Coptic Studies chair at the American University in Cairo and the Tarek Heggy Scholarship in Jewish-Muslim Studies at the University of Toronto. Heggy is the author of 30 publications in Arabic, English, Italian, and French.
Source: The Economic Times
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