IFC’s $40 million loan will support sugar beet cultivation in Egypt as the country targets sugar self-sufficiency and expands private-sector investment in agribusiness.
PepsiCo plans to invest Rs 5,700 crore in India by 2030 to expand snacks and beverage manufacturing capacity across Madhya Pradesh, Assam and Tamil Nadu.
This acquisition integrates MBS Logistics, an established European ground network, with AD Ports Group’s maritime and port assets.
Under the agreement, DP World will modernize infrastructure, expand handling capacity, and implement advanced cargo-handling and digital systems.
AD Ports Group said the project could create up to 9,000 jobs directly and indirectly during construction and operational phases.