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Al-Ahram Weekly
18-05-2025
- Business
- Al-Ahram Weekly
INTERVIEW - Egypt-Indonesia ties offer gateway to Africa, ASEAN and beyond: Arsjad Rasjid - Economy
Arsjad Rasjid, head of Indonesia's Business Council and Chamber of Commerce supervisory board, told Ahram Online that the new strategic partnership between Presidents Prabowo Subianto and Abdel-Fattah El-Sisi opens a fresh chapter in Indonesia-Egypt economic ties. Ahram Online: During President Prabowo's April visit, relations were elevated to a strategic partnership. What does that mean for the business community? Arsjad Rasjid: Egypt is indispensable for Africa and the Middle East. It is an important bridge for Indonesia to access markets in these regions and Europe. For Egypt, Indonesia serves as a bridge to the ASEAN market. The strategic partnership between Egypt and Indonesia has significant mutual benefits. Regarding human capital, with 15,000 Indonesian students and 3,000 professionals in Egypt, businesses can leverage established networks to better understand local opportunities. On trade and investment, we see clear priorities emerging in areas such as halal industry development, food security, vocational training, Islamic finance, logistics infrastructure, and interfaith cooperation. AO: What are the main objectives of your visit and its concrete outcomes? AR: First, I hope to strengthen dialogue on Islamic economic empowerment, particularly through meaningful engagement with the Minister of Awqaf, Osama Al-Azhari. Indonesia's experience shows how waqf and community-based mechanisms can help uplift livelihoods and support small-scale enterprises. During the meeting, we focused on three central pillars: tolerance, peace, and the economic empowerment of the ummah. First, we affirmed the importance of tolerance and mutual respect. I shared Indonesia's principle of Bhinneka Tunggal Ika — Unity in Diversity — which has guided our nation in harmonizing faith, ethnicity, and identity. The 5P framework stands for People, Planet, Prosperity, Peace, and Partnership. This initiative is grounded in Indonesia's core values of 'Unity in Diversity' and 'Inclusive Collaboration.' One of 5P's core missions is advancing tolerance and interfaith harmony. A key example is the Silaturahmi Tunnel in Jakarta, which connects the Istiqlal Mosque and the Jakarta Cathedral. 5P also protects children's rights, as presented at the World Leaders Summit on Children's Rights. Second, we discussed the urgency of peace and humanitarian relief and spoke at length about the suffering in Gaza. Under the 5P framework, faith-based diplomacy is vital to protecting life, restoring dignity, and championing peace where needed most. Third, we explored concrete ways to advance economic inclusion across the ummah. I shared Indonesia's experience through my role as Chair of Economic Empowerment and Acoustic Management at the Indonesian Mosque Council (DMI). Our Rumah Wirausaha Masjid initiative, Mosques as Homes of Entrepreneurs, has empowered over 500 Muslim entrepreneurs, increasing their average revenue by 32 percent. This shows that fundamental transformation happens when we combine values with practical support. We believe this model can be replicated in Egypt and beyond. President Prabowo emphasized that Indonesia aims for eight percent economic growth and 0 percent poverty. This vision is not just about numbers—it's about dignity. It's about ensuring that development includes everyone, especially the most vulnerable. Faith-based institutions like the Ministry of Awqaf can be pivotal in achieving that. AO: How would you describe current trade and investment flows? AR: Bilateral merchandise trade has risen steadily from $1.51 billion in 2023 to an estimated $1.7 billion in 2024, with Indonesia recording a surplus of about $1 billion. Our principal exports to Egypt are palm oil (52 percent of the total), coffee, coconut oil, and textiles, while Egypt exports phosphate fertilizer, dates, and chemicals to our market. Previously, Indonesia had been negotiating an equity stake in a purpose-built warehousing hub inside the Suez Canal Economic Zone (SCZone), an initiative publicly endorsed by Presidents Prabowo and El-Sisi. AO: From your perspective, which sectors hold the greatest promise for deeper cooperation? AR: Two important sectors. First, halal certification alignment. Egypt has its halal certification authority (IS EG Halal), and Indonesia has BPJPH. Both systems are credible, but they operate independently, meaning Egyptian halal-certified products still need to undergo additional processes to meet Indonesia's regulations and vice versa. Egypt and Indonesia can pursue mutual recognition or alignment of their halal certification systems by working together. This would allow Indonesian halal products to enter Egypt more swiftly and vice versa. Second, fertilizer and food security. Fertilizers require key minerals like phosphate, which Egypt has in abundance, and organic materials such as palm kernel or coconut derivatives, which are widely available in Indonesia. By working together to build NPK fertilizer plants (Nitrogen, Phosphorus, Potassium), the two countries can produce affordable, high-quality fertilizers for smallholder farmers. AO: What obstacles hinder faster growth, and how might they be overcome? AR: Divergent product standards and double testing for halal and sanitary-phytosanitary rules delay market entry. We hope to streamline mutual recognition of halal certification to allow Egyptian halal products to enter Indonesia more quickly and vice versa. High logistics costs are another challenge: most containers still transship via Port Klang or Jeddah, adding eight to ten days. President Prabowo stated during his visit to Cairo in December 2024 that Indonesia is interested in enhancing trade cooperation with Egypt, particularly in the SCZone. Discussions have included potential investments in logistics hubs and processing facilities to streamline the distribution of Indonesian products to global markets via Egypt. AO: Indonesia's industrial sector is moving up the value chain. What should Egyptian partners know? AR: Indonesia is becoming increasingly open to foreign businesses. It aims to achieve ambitious eight percent economic growth and needs to attract foreign direct investment beyond its traditional partners, extending to new regions such as the Middle East. Indonesia is developing integrated industrial estates beyond Java — including Central Sulawesi, North Maluku, and Kalimantan — offering competitive land and energy prices, proximity to mineral resources, and labour costs 30–40 percent lower than in capital regions. This is an opportunity for Egyptian companies to invest in or co-develop value-added production facilities in fertilizers and agriculture, benefiting from Indonesia's scale and strategic export potential. Indonesia's industrial growth also opens new doors for joint manufacturing and technology transfer. Egyptian industrial exporters, engineers, and investors can participate actively in this expanding ecosystem. AO: Egypt and Indonesia long-standing members of the Organization of Islamic Cooperation (OIC) and, more recently, BRICS. How does that help business? AR: Dual membership opens avenues for financing and standard-setting. Through the BRICS New Development Bank, Indonesian and Egyptian companies can access infrastructure loans in local or third currencies, reducing exchange-rate risk. BRICS is also piloting a digital cross-border payment system that could settle trade in rupiah and Egyptian pounds. This would ease the balance of payments and limit foreign currency exposure. Meanwhile, the OIC's halal-product standards forum offers a ready-made platform to harmonize certification, essential for achieving our halal and food-security goals. AO: Indonesia is a leading player in the Association of Southeast Asian Nations (ASEAN). How can that benefit Egyptian firms? AR: Indonesia offers Egyptian businesses a unique entry point into ASEAN—one of the world's fastest-growing economic blocs. ASEAN represents a strategic growth region with a population of over 685 million and a combined GDP of nearly $4 trillion. Indonesia, accounting for roughly 35 percent of the bloc's GDP, acts as an economic engine and a trusted gateway. Indonesia's domestic market of 280 million people, including over 230 million Muslims, is at the heart of a $300+ billion halal economy that covers food, cosmetics, Islamic finance, and tourism. Egyptian firms in halal-certified sectors such as agrifood, pharmaceuticals, and financial products can benefit from cultural alignment and mutual religious trust to access Indonesia and the broader ASEAN halal consumer base. Moreover, Egyptian firms can go beyond trade by aligning Egypt's strengths in halal manufacturing and infrastructure with Indonesia's scale and regional integration. They can become co-creators of South-South economic models—building joint ventures and supply chains rooted in shared values across the Muslim world, from West Africa to Southeast Asia. AO: What are your impressions of Egypt's recent economic reforms and infrastructure drive? AR: I was genuinely impressed by Egypt's major infrastructure and development efforts, notably the New Administrative Capital. I was pleased to learn that many government ministries have begun operating from the new capital, demonstrating substantial progress. Another milestone is the $35 billion Ras El-Hekma agreement, a significant partnership between Egypt and the UAE. This project aims to transform Egypt's northern coastline into a world-class logistics, tourism, and investment hub with direct access to the Mediterranean Sea. In parallel, Egypt is upgrading key ports, such as Alexandria and Ain Sokhna, to increase cargo capacity by 50 percent over the next five years. These improvements will make Egypt more competitive as a trade and shipping gateway. Follow us on: Facebook Instagram Whatsapp Short link:
Al-Ahram Weekly
17-05-2025
- Business
- Al-Ahram Weekly
INTERVIEW: Egypt–Indonesia ties offer gateway to Africa, ASEAN, and beyond: Arsjad Rasjid - Economy
Arsjad Rasjid, head of Indonesia's Business Council and Chamber of Commerce supervisory board, told Ahram Online that the new strategic partnership between Presidents Prabowo Subianto and Abdel-Fattah El-Sisi opens a fresh chapter in Indonesia–Egypt economic ties. Ahram Online: During President Prabowo's April visit, relations were elevated to a strategic partnership. What does that mean for the business community? Rasjid: Egypt is indispensable for Africa and the Middle East. It serves as an important bridge for Indonesia to access markets in these regions and Europe. For Egypt, Indonesia serves as a bridge to the ASEAN market. The strategic partnership between Egypt and Indonesia has significant mutual benefits. Regarding human capital, with 15,000 Indonesian students and 3,000 professionals in Egypt, businesses can leverage established networks to better understand local opportunities. On trade and investment, we see clear priorities emerging in areas such as halal industry development, food security, vocational training, Islamic finance, logistics infrastructure, and interfaith cooperation. AO: What are the main objectives of your visit and its concrete outcomes? Rasjid: First, I hope to strengthen dialogue on Islamic economic empowerment, particularly through meaningful engagement with the Minister of Awqaf, Osama Al-Azhari. Indonesia's experience shows how waqf and community-based mechanisms can help uplift livelihoods and support small-scale enterprises. During the meeting, we focused on three central pillars: tolerance, peace, and the economic empowerment of the ummah. First, we affirmed the importance of tolerance and mutual respect. I shared Indonesia's principle of Bhinneka Tunggal Ika — Unity in Diversity — which has guided our nation in harmonizing faith, ethnicity, and identity. The 5P framework stands for People, Planet, Prosperity, Peace, and Partnership. This initiative is grounded in Indonesia's core values of 'Unity in Diversity' and 'Inclusive Collaboration.' One of 5P's core missions is advancing tolerance and interfaith harmony. A key example is the Silaturahmi Tunnel in Jakarta, which connects the Istiqlal Mosque and the Jakarta Cathedral. 5P also protects children's rights, as presented at the World Leaders Summit on Children's Rights. Second, we discussed the urgency of peace and humanitarian relief and spoke at length about the suffering in Gaza. Under the 5P framework, faith-based diplomacy is vital to protecting life, restoring dignity, and championing peace where it's needed most. Third, we explored concrete ways to advance economic inclusion across the ummah. I shared Indonesia's experience through my role as Chair of Economic Empowerment and Acoustic Management at the Indonesian Mosque Council (DMI). Our Rumah Wirausaha Masjid initiative, Mosques as Homes of Entrepreneurs, has empowered over 500 Muslim entrepreneurs, increasing their average revenue by 32 percent. This shows that fundamental transformation happens when we combine values with practical support. We believe this model can be replicated in Egypt and beyond. President Prabowo emphasized that Indonesia aims for 8 percent economic growth and 0 percent poverty. This vision is not just about numbers—it's about dignity. It's about ensuring that development includes everyone, especially the most vulnerable. Faith-based institutions like the Ministry of Awqaf can be pivotal in achieving that. AO: How would you describe current trade and investment flows? Rasjid: Bilateral merchandise trade has risen steadily from US $1.51 billion in 2023 to an estimated US $1.7 billion in 2024, with Indonesia recording a surplus of about US $1 billion. Our principal exports to Egypt are palm oil (52 percent of the total), coffee, coconut oil, and textiles, while Egypt exports phosphate fertilizer, dates, and chemicals to our market. Previously, Indonesia had been negotiating an equity stake in a purpose-built warehousing hub inside the Suez Canal Economic Zone (SCZone), an initiative publicly endorsed by Presidents Prabowo and El-Sisi. AO: From your perspective, which sectors hold the greatest promise for deeper cooperation? Rasjid: Two important sectors. First, halal certification alignment. Egypt has its halal certification authority (IS EG Halal), and Indonesia has BPJPH. Both systems are credible, but they operate independently, meaning Egyptian halal-certified products still need to undergo additional processes to meet Indonesia's regulations and vice versa. Egypt and Indonesia can pursue mutual recognition or alignment of their halal certification systems by working together. This would allow Indonesian halal products to enter Egypt more swiftly and vice versa. Second, fertilizer and food security. Fertilizers require key minerals like phosphate, which Egypt has in abundance, and organic materials such as palm kernel or coconut derivatives, which are widely available in Indonesia. By working together to build NPK fertilizer plants (Nitrogen, Phosphorus, Potassium), the two countries can produce affordable, high-quality fertilizers for smallholder farmers. AO: What obstacles hinder faster growth, and how might they be overcome? Rasjid: Divergent product standards and double testing for halal and sanitary-phytosanitary rules delay market entry. We hope to streamline mutual recognition of halal certification to allow Egyptian halal products to enter Indonesia more quickly and vice versa. High logistics costs are another challenge: most containers still transship via Port Klang or Jeddah, adding eight to ten days. President Prabowo stated during his visit to Cairo in December 2024 that Indonesia is interested in enhancing trade cooperation with Egypt, particularly in the SCZone. Discussions have included potential investments in logistics hubs and processing facilities to streamline the distribution of Indonesian products to global markets via Egypt. AO: Indonesia's industrial sector is moving up the value chain. What should Egyptian partners know? Rasjid: Indonesia is becoming increasingly open to foreign businesses. It aims to achieve ambitious 8 percent economic growth and needs to attract foreign direct investment beyond its traditional partners, extending to new regions such as the Middle East. Indonesia is developing integrated industrial estates beyond Java — including Central Sulawesi, North Maluku, and Kalimantan — offering competitive land and energy prices, proximity to mineral resources, and labour costs 30–40 percent lower than in capital regions. This is an opportunity for Egyptian companies to invest in or co-develop value-added production facilities in fertilizers and agriculture, benefiting from Indonesia's scale and strategic export potential. Indonesia's industrial growth also opens new doors for joint manufacturing and technology transfer. Egyptian industrial exporters, engineers, and investors can participate actively in this expanding ecosystem. AO: Egypt and Indonesia long-standing members of the Organization of Islamic Cooperation (OIC) and, more recently, BRICS. How does that help business? Rasjid: Dual membership opens avenues for financing and standard-setting. Through the BRICS New Development Bank, Indonesian and Egyptian companies can access infrastructure loans in local or third currencies, reducing exchange-rate risk. BRICS is also piloting a digital cross-border payment system that could settle trade in rupiah and Egyptian pounds. This would ease the balance of payments and limit foreign currency exposure. Meanwhile, the OIC's halal-product standards forum offers a ready-made platform to harmonize certification, essential for achieving our halal and food-security goals. AO: Indonesia is a leading player in the Association of Southeast Asian Nations (ASEAN). How can that benefit Egyptian firms? Rasjid: Indonesia offers Egyptian businesses a unique entry point into ASEAN—one of the world's fastest-growing economic blocs. ASEAN represents a strategic growth region with a population of over 685 million and a combined GDP of nearly US $4 trillion. Indonesia, accounting for roughly 35 percent of the bloc's GDP, acts as an economic engine and a trusted gateway. Indonesia's domestic market of 280 million people, including over 230 million Muslims, is at the heart of a US $300+ billion halal economy that covers food, cosmetics, Islamic finance, and tourism. Egyptian firms in halal-certified sectors such as agrifood, pharmaceuticals, and financial products can benefit from cultural alignment and mutual religious trust to access Indonesia and the broader ASEAN halal consumer base. Moreover, Egyptian firms can go beyond trade by aligning Egypt's strengths in halal manufacturing and infrastructure with Indonesia's scale and regional integration. They can become co-creators of South-South economic models—building joint ventures and supply chains rooted in shared values across the Muslim world, from West Africa to Southeast Asia. AO: What are your impressions of Egypt's recent economic reforms and infrastructure drive? Rasjid: I was genuinely impressed by Egypt's major infrastructure and development efforts, notably the New Administrative Capital. I was pleased to learn that many government ministries have begun operating from the new capital, demonstrating substantial progress. Another milestone is the US $35 billion Ras El-Hekma agreement, a significant partnership between Egypt and the UAE. This project aims to transform Egypt's northern coastline into a world-class logistics, tourism, and investment hub with direct access to the Mediterranean Sea. In parallel, Egypt is upgrading key ports, such as Alexandria and Ain Sokhna, to increase cargo capacity by 50 percent over the next five years. These improvements will make Egypt more competitive as a trade and shipping gateway. Follow us on: Facebook Instagram Whatsapp Short link:
Associated Press
06-02-2025
- Politics
- Associated Press
Mary's Meals Declares 'Right to Hope' at first Vatican Summit on Children's Rights
BLOOMFIELD, NJ, UNITED STATES, February 6, 2025 / / -- On Monday, February 3, Mary's Meals Founder and CEO Magnus MacFarlane-Barrow told world leaders at the first World Leaders Summit on Children's Rights in Rome that it would cost just over $3 billion dollars per year to serve a daily school meal to those children most in need in the world's lowest-income countries. 'There is no good reason why we cannot make – and keep – this promise to the world's poorest children … 'Hope should be another right for every child,' he emphasized. The summit drew global leaders, including Queen Rania of Jordan; Megawati Sukarnoputri, former President of Indonesia; Al Gore, former US Vice President; and Mario Draghi, Italian economist and EU advisor. MacFarlane-Barrow opened his speech at the summit by sharing the origin story of Mary's Meals. 'Twenty-four years ago, I had a conversation with a very hungry child. He was 14-years-old and, along with his five younger siblings, sat beside his mother Emma who was dying. He looked at me and said, 'I would like to have enough food to eat and to go to school one day.'' That exchange took place in Malawi in 2002 and inspired the school feeding work of Mary's Meals, which became a global movement. Today, Mary's Meals provides school meals to more than 2.5 million children every school day in 16 of the world's poorest countries. Following Monday's day-long debate and discussions, political leaders and representatives of countries and faiths from around the world signed a Concluding Declaration, stating that, among other things, the rights of children are still widely violated; indifference must not become the norm; nations must assume greater responsibility; a global commitment is needed; and peace starts with children and their protection. MacFarlane-Barrow asserted that children should also be afforded the ' Right to Hope.' 'I feel huge gratitude for the invitation to take part in this event and to Pope Francis and the organizers for including Mary's Meals. It's a privilege to represent the Mary's Meals family and to be the voice of the children we serve every school day. It was wonderful to have the opportunity to introduce the idea of the 'Right to Hope' alongside the other important rights of the child discussed,' said MacFarlane-Barrow at the conclusion of the Vatican Summit. He added, 'This summit has opened so many new doors for Mary's Meals; so many new people are expressing huge interest in our work. It's a very important step for Mary's Meals. It's been amazing to spend a couple of days in the company of so many incredible leaders and to spend time in this amazing city of Rome.' After listening to the Mary's Meals Founder, and the organization's contributions, Pope Francis announced that he will give continuity to this commitment and promote it. He will prepare an Apostolic Exhortation dedicated to children's rights. — END — About Mary's Meals Now in its 23rd year, Mary's Meals is a global movement that sets up school-feeding programs in some of the world's most vulnerable communities, where conflict, poverty and hunger often prevent children from gaining an education. Mary's Meals works with in-country volunteers and trusted partners to provide one daily nutritious meal in a place of learning to bring children into the classroom to receive an education. This simple solution to help end world hunger also enables children to lift themselves from the cycle of hunger and poverty. Mary's Meals began by feeding 200 children in Malawi in 2002. Today, the organization feeds more than 2.4 million children every school day in more than 5,000 schools in the following countries: Benin, Ecuador, Ethiopia, Haiti, India, Kenya, Lebanon, Liberia, Madagascar, Malawi, Mozambique, South Sudan, Syria, Yemen, Zambia, and Zimbabwe. Mary's Meals is part of the global School Meals Coalition, an emerging initiative of governments and partners to drive actions that can urgently reestablish, improve, and scale up food and education systems. For more information about Mary's Meals, visit Helena Finnegan Mary's Meals +1 239-290-7788 X LinkedIn Instagram Legal Disclaimer:
