India and Egypt are on course to rebuild their ties by adding solid economic content to their relationship. The visiting Minister of state for commerce and power Jairam Ramesh held talks with Prime Minister of Egypt Ahmed Mahmoud Mohamed Nazif. He also met the Ministers of investment, communications and information technology, finance, transport as well as trade and industry. These meetings took place on the sidelines of the World Economic Forum (Middle East) where Mr. Ramesh is representing India as Prime Minister Manmohan Singh's special envoy. "The focus of discussions was mainly on investments, which we wish to raise from $700 million to $4 billion,' Mr. Ramesh said. He pointed out that the target, which would position India as the third largest investor in Egypt, was achievable if four key projects, which were in the pipeline, materialised. Mr. Ramesh's visit is part of India's recent initiative to step up ties with West Asia, by focusing on the oil-rich Gulf, along with regional heavyweights