AUTOMOTIVE-

NBE x Abou Ghaly: The National Bank of Egypt (NBE) will start offering clients of Abou Ghaly Motors financing solutions under a partnership inked between the two sides yesterday, according to a statement (pdf). The agreement will allow Abou Ghaly customers to pay for maintenance and auto parts in interest-free installments, while Abou Ghaly will also offer NBE customers exclusive benefits.

INFRASTRUCTURE-

The UAE’s Metito is looking to establish 4 desalination plants here: UAE-based Metito is in talks with private sector green fuels developers to establish four desalination plants that would serve their Egyptian green hydrogen production facilities, Metito Africa Managing Director Karim Madwar is quoted as telling Al Mal. Each of the desalination facilities — all expected to be located in close proximity to planned green fuels plants in Ain Sokhna — would have an annual production capacity of 50k cubic meters. Metito has already established a desalination facility for Scatec and Fertiglobe’s 100 MW green hydrogen plant in Sokhna, Madwar added.

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