President Abdel Fattah al-Sisi has recently approved a $400 million loan agreement with the World Bank for a logistics project aimed at enhancing trade between Cairo and Alexandria.

According to the terms of the agreement, this amount can be converted into other currencies as needed to support the project’s financing.

For more information, please see https://www.egypttoday.com/Article/3/127135/President-Sisi-approves-400M-loan-from-World-Bank-for-logistics