United Kingdom, Feb. 3 -- IFC announced a partnership with Safaga Terminal Operating Company, owned by the UAE?based AD Ports Group, to expand access to critical port services in Egypt and create direct and indirect jobs in trade, construction, and maritime and logistics sectors. The collaboration, which also mobilized support from the National Bank of Kuwait (NBK) Egypt, will support the development of a multipurpose terminal in Safaga on the Red Sea and enhance the terminal's container annual capacity to an estimated 450,000 TEUs (twenty-foot equivalent units), strengthening trade flows and regional competitiveness. This investment will improve the efficient movement of agriculture and food products, construction materials, manufacturing ...