DailyDrop.

Egyptian President Abdel Fattah el-Sisi ended his state visit to Jakarta on Sunday, October 11, after meeting President Prabowo Subianto at the Merdeka Palace, according to Antara, detikcom, Republika and Liputan6. The two agreed to form a shared investment fund (joint investment fund) and to expand market access; Antara wrote that they also pushed for an economic partnership agreement (EPA). In the reports DailyDrop saw, the size of the fund and its target sectors were not mentioned.

The two countries signed several memoranda of understanding (MoU) in the diplomatic and maritime fields. Antara also reported agreements to strengthen the defense industry, combat illegal fishing, and increase scholarships for Indonesian students. In front of El-Sisi, Prabowo affirmed Indonesia’s support for Egypt in securing its water rights to the Nile River, according to detikcom, Antara and Metro TV. He also said that Indonesian is now taught at Al-Azhar University and asked El-Sisi to regard Indonesia as his second home.

On the Middle East, the two pushed for de-escalation through diplomacy, affirmed support for peace and the reconstruction of Gaza, and condemned the construction of illegal Israeli settlements, according to Liputan6, detikcom and Antara. El-Sisi thanked Indonesia for championing Palestine at the Board of Peace (BoP), according to detikcom. Prabowo himself saw his guest off at Halim Perdanakusuma Air Force Base, said Antara, detikcom and Republika. Antara also noted that Prabowo invited El-Sisi to return to Indonesia, and Antara reported that the two leaders affirmed their commitment to Palestinian independence. That makes the visit more a matter of political signals and frameworks than of decisions with clear costs.

In his remarks, Prabowo called the visit a milestone in strengthening the partnership between the two countries and recalled Egypt’s support for Indonesian independence, according to Antara and Republika. El-Sisi responded by praising Jakarta’s warm welcome and urging that cooperation quickly become real projects, said Antara. Detikcom noted that the Egyptian president was escorted by a mounted cavalry unit on his way to the palace, part of the state-guest welcoming ceremony. The joint statement came a day after the attack on Riyadh airport mentioned in the neighboring story, so the two leaders’ call for de-escalation sounds more urgent.

For readers, the value of this visit lies in what follows. A joint investment fund means something only if it comes with figures, sectors and a timetable; MoUs mean something only if they lead to contracts. Support for Nile water rights is a politically sensitive position for the countries upstream on that river, so their reaction deserves watching. DailyDrop has not seen the official text of the MoUs, so the content of each agreement above follows media summaries. What remains open: how much capital each side puts in, who manages the fund, and whether the EPA has entered formal negotiations or is only an intention. Readers in export, fisheries or the defense industry would do well to wait for announcements from the Ministry of Trade and the Ministry of Foreign Affairs, which have not appeared in the available sources.