NEW DELHI // Egypt's President Mohamed Morsi said today he hopes his country can join major emerging market peers in the BRICS group as he pitched for Indian investment in his country's troubled economy.
Egypt has been battling to restore investor confidence, which has suffered since the uprising that overthrew President Hosni Mubarak in 2011.
"I am hoping BRICS becomes E-BRICS with 'E' standing for Egypt" as the economy picks up, Mr Morsi said as he ended a two-day visit to India.
BRICS is an acronym that Brazil, Russia, India, China and recent member South Africa use to designate the bloc of large, fast-growing economies.
Mr Morsi said he had been invited to attend the next BRICS summit in Durban. He said he intended to push ahead there with proposals for a joint south-south investment bank that would allow countries to pool resources for infrastructure and other projects.
The Egyptian president said he hoped that trade between India and Egypt could double from $5.2 billion currently to $10 billion "within the next next few years".
He also insisted his country was on the final leg of its move to democracy and headed for a "new era" of development.
"Egypt has been witnessing a transition toward democracy and we're confident we're ending this transition stage."
Farasan Boat: 128km Away from Anchorage
Director: Mowaffaq Alobaid
Stars: Abdulaziz Almadhi, Mohammed Al Akkasi, Ali Al Suhaibani
Rating: 4/5
If you go
Where to stay: Courtyard by Marriott Titusville Kennedy Space Centre has unparalleled views of the Indian River. Alligators can be spotted from hotel room balconies, as can several rocket launch sites. The hotel also boasts cool space-themed decor.
When to go: Florida is best experienced during the winter months, from November to May, before the humidity kicks in.
How to get there: Emirates currently flies from Dubai to Orlando five times a week.
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How to protect yourself when air quality drops
Install an air filter in your home.
Close your windows and turn on the AC.
Shower or bath after being outside.
Wear a face mask.
Stay indoors when conditions are particularly poor.
If driving, turn your engine off when stationary.
The Sand Castle
Director: Matty Brown
Stars: Nadine Labaki, Ziad Bakri, Zain Al Rafeea, Riman Al Rafeea
Rating: 2.5/5
The specs
Engine: 77.4kW all-wheel-drive dual motor
Power: 320bhp
Torque: 605Nm
Transmission: Single-speed automatic
Price: From Dh219,000
On sale: Now
'Texas Chainsaw Massacre'
Rating: 1 out of 4
Running time: 81 minutes
Director: David Blue Garcia
Starring: Sarah Yarkin, Elsie Fisher, Mark Burnham