Ahli United Bank and Arab Banking Corporation have signed a $480m facility agreement with Damietta International Port Company to finance the development of a new container terminal, set to be the largest of its kind in the Middle East, within the Port of Damietta on Egypt's Mediterranean coast. The new container terminal is part of DIPCO's plans to transform the port into a major transhipment hub in the eastern Mediterranean.
[AMEInfo.com]



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Posted: 10|4|07 at 7:56 am. Filed under: News.