Green finance is more and more a thing with each passing day. Most recently: The National Bank of Egypt (NBE) is getting a EUR 100 mn credit facility from the French Development Agency (AFD) to finance green projects in Egypt and Egypt could see the establishment of its first green industrial zone under a partnership between the Trade Ministry, Suez Canal Economic Zone, and UNIDO

In other industry news:

  • Edita is automating its sales and distribution processes using technology from software provider SAP.
  • Mashreq Bank has enlisted state-owned EgyCash for its money transfer and ATM restocking services.
  • The Suez Canal Economic Zone is offering discounts of up to 50% on transit fees for cruise liners and yachts.
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