International Cooperation Minister Sahar Nassr witnessed on Sunday the signing ceremony of a financial advisory services agreement concerning developing Abu Tartour Port.

In a press release, the International Cooperation Ministry said the agreement was signed between Egypt’s Finance Ministry and the international funding institution affiliated to the Word Bank.

This came on the sidelines of the World Bank's annual meeting, currently in session in Washington.

The international funding institution is expected to engage the private sector into developing, funding, operating and maintaining Abu Tartour Port