President El-Sisi was speaking during Egypt’s dedicated dialogue session at the WEF annual meeting in Davos, where he warned of the destabilising impact of militias and armed groups across parts of the Middle East.
He said Egypt’s foreign policy over the past decade has been anchored in non-interference in the internal affairs of states and in supporting national institutions as the sole legitimate managers of governance.
El-Sisi said developments in Lebanon are moving along “a sound new path,” expressing hope that the country would achieve full stability and renewed growth and regain its traditional regional standing.
He also voiced hope that the political process in Damascus would advance with the participation and representation of all components of the Syrian state in dialogue and political life.
The president reaffirmed Egypt’s support for countries facing instability, including Libya, Syria, Yemen, Sudan, and Somalia, stressing respect for each country’s specific circumstances to avoid further complications.
He said Egypt’s declared objective since 2014 has been to support state institutions under legitimate national leadership capable of addressing existing challenges.
El-Sisi described Egypt’s regional role as “highly positive,” citing Cairo’s efforts to contain conflicts and promote stability, including its role in Gaza through attempts to halt the war, facilitate humanitarian aid, and mitigate the conflict’s wider repercussions.
He said the Gaza war and broader global developments had taken a heavy toll on the Suez Canal, which carries about 12% of global trade.
Egypt lost nearly $9 billion in direct canal revenues as a result of the war, he said, but chose restraint and acted constructively to prevent further escalation despite the economic damage.
El-Sisi was speaking during Egypt’s dedicated dialogue session at the annual meeting of the World Economic Forum in Davos, which this year is being held under the theme “The Spirit of Dialogue.”
The theme reflects a renewed emphasis on diplomacy, multilateral cooperation, and consensus-building amid heightened geopolitical tensions, economic fragmentation, and rapid technological change.
The Davos meeting brings together heads of state and government, senior policymakers, business leaders, and international organisations to discuss global economic prospects, regional conflicts, climate action, technological transformation, and development challenges.
Country-specific dialogue sessions, such as Egypt’s, are used by participating states to outline national perspectives on regional stability, economic reform, and investment priorities, while engaging directly with global decision-makers and investors.
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