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IsDB, APICORP ink $1 bln agreement to boost infrastructure in member countries including Egypt

The Arab Petroleum Investments Corporation (APICORP), an energy-focused multilateral development financial institution, and the Islamic Development Bank (IsDB) have established the Infra Initiative, a $1 billion private sector-focused infrastructure financing initiative, according to IsDB.

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IsDB, APICORP ink $1 bln agreement to boost infrastructure in member countries including Egypt