{"id":590094,"date":"2023-07-13T00:00:00","date_gmt":"2023-07-13T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/07\/13\/abou-ghaly-ties-up-with-nbe-metito-eyes-desalination-plants\/"},"modified":"2023-07-13T00:00:00","modified_gmt":"2023-07-13T00:00:00","slug":"abou-ghaly-ties-up-with-nbe-metito-eyes-desalination-plants","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/07\/13\/abou-ghaly-ties-up-with-nbe-metito-eyes-desalination-plants\/","title":{"rendered":"Abou Ghaly ties up with NBE + Metito eyes desalination plants"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">AUTOMOTIVE-<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span> <\/span><span style=\"font-weight:700\">NBE x Abou Ghaly: <\/span><span>The National Bank of Egypt (NBE) will start offering clients of Abou <\/span><span>Ghaly Motors financing solutions under a partnership inked between the two sides yesterday, according to a <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/ent.news\/2023\/7\/514.pdf\" style=\"\">statement (pdf)<\/a><\/span><span style=\"font-weight:400;\">. 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.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">INFRASTRUCTURE- <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">The UAE\u2019s Metito is looking to establish 4 desalination plants here: <\/span><span>UAE-based <\/span><span>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 <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/almalnews.com\/premium\/%d9%85%d8%a7%d8%aa%d9%8a%d8%aa%d9%88-%d8%aa%d8%aa%d9%81%d8%a7%d9%88%d8%b6-%d9%84%d8%aa%d8%af%d8%b4%d9%8a%d9%86-4-%d9%85%d8%ad%d8%b7%d8%a7%d8%aa-%d8%aa%d8%ad%d9%84%d9%8a%d8%a9-%d9%84%d9%85\/\" style=\"\">Al Mal<\/a><\/span><span>. Each of the desalination facilities \u2014 all expected to be located in close proximity to planned <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/4211a856-e49d-4000-a143-0279ead2865e\" style=\"\">green fuels<\/a><\/span><span> plants<\/span><span> in Ain Sokhna \u2014 would have an annual production capacity of 50k cubic meters. Metito has already established a desalination facility for Scatec and Fertiglobe\u2019s 100 MW <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/99ca1d1b-be1a-45fd-99ef-358318449438\" style=\"\">green hydrogen plant<\/a><\/span><span style=\"font-weight:400;\"> in Sokhna, Madwar added. <\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The desalination plants would have a combined capacity of 200k cubic meters<\/p>\n","protected":false},"author":1,"featured_media":590095,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7209],"tags":[111,144,204,72,827,248,595,448],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-590094","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-also-on-our-radar","tag-also-on-our-radar","tag-automotive","tag-banking","tag-enterpriseam","tag-metito","tag-national-bank-of-egypt","tag-non-banking-financial-services","tag-yemen","wpautop","entry"],"acf":{"mongo_id":"3661a0cd-cbd4-45ad-bf89-5cde3459e489","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/7\/520.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Car distributor Abou Ghaly ties up with the National Bank of Egypt and the UAE\u2019s Metito could build 4 desalination facilities to feed green hydrogen plants","related_issue":[590075],"teaser":"The desalination plants would have a combined capacity of 200k cubic meters","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/7\/.2f2a0610-3aa1-4855-be9d-ecd56218e01c.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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The partnership was first announced in August, soon after GB Auto parted ways with Geely, having introduced it to the market.","rel":"","context":"In &quot;Also on our Radar&quot;","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":558537,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/16\/abou-ghaly-motors-is-now-local-agent-of-geely\/","url_meta":{"origin":590094,"position":1},"title":"Abou Ghaly Motors is now local agent of Geely","author":"enterpriseam admin","date":"16 August 2021","format":false,"excerpt":"Geely cars will now be sold in Egypt by Abou Ghaly Motors: Chinese carmaker Geely Auto has inked an agreement with local agent Abou Ghaly Motors to sell its vehicles in Egypt, less than a fortnight after splitting from GB Auto, Geely announced in a statement (pdf) yesterday. The two\u2026","rel":"","context":"In &quot;Automotive&quot;","block_context":{"text":"Automotive","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/automotive\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/8\/174.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":557120,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/07\/contact-abou-ghaly-to-launch-abou-ghaly-finance\/","url_meta":{"origin":590094,"position":2},"title":"Contact, Abou Ghaly to launch Abou Ghaly Finance","author":"enterpriseam admin","date":"7 September 2021","format":false,"excerpt":"Consumer finance provider Contact Financial and Abou Ghaly Motors will join forces to launch Abou Ghaly Finance within the coming months, a company that will offer financing solutions to those wishing to purchase an Abou Ghaly vehicle, Contact Financial CEO Saeed Zater told us. The company has applied for a\u2026","rel":"","context":"In &quot;CONSUMER FINANCE&quot;","block_context":{"text":"CONSUMER FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/category\/consumer-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/9\/90.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":547464,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/22\/abou-ghaly-could-get-egp-175-mn-from-ebrd-to-electrify-london-cab-fleet\/","url_meta":{"origin":590094,"position":3},"title":"Abou Ghaly could get EGP 175 mn from EBRD to electrify London Cab fleet","author":"enterpriseam admin","date":"22 June 2022","format":false,"excerpt":"Abou Ghaly looks to EBRD for EV funding: Abou Ghaly Motors (AGM) could receive up to EGP 175 mn (EUR 9 mn) from the European Bank for Reconstruction and Development (EBRD) to fund the acquisition of electric vehicles (EVs), according to the lender\u2019s website.The money will finance the electrification of\u2026","rel":"","context":"In &quot;Also on our Radar&quot;","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":581488,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/12\/abou-ghaly-brings-a-geely-ev-to-the-local-market-with-payment-in-fx-looks-to-use-egypt-as-a-hub-to-sell-evs-into-africa\/","url_meta":{"origin":590094,"position":4},"title":"Abou Ghaly brings a Geely EV to the local market (with payment in FX), looks to use Egypt as a hub to sell EVs into Africa","author":"enterpriseam admin","date":"12 February 2023","format":false,"excerpt":"Abou Ghaly will introduce Geely EVs here: Abou Ghaly Motors is introducing Chinese automaker Geely\u2019s Geometry C electric car to the local market, according to a company statement. The catch: If you want one you\u2019ll need to pay in USD through Abou Ghaly\u2019s freezone company in Alexandria due to the\u2026","rel":"","context":"In &quot;Automotive&quot;","block_context":{"text":"Automotive","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/automotive\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/2\/Geely-EV-1600.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":684948,"url":"https:\/\/enterpriseam.com\/egypt\/2026\/02\/05\/piaggio-taps-abou-ghaly-motors-to-distribute-and-one-day-manufacture-the-iconic-italian-brands-two-wheelers\/","url_meta":{"origin":590094,"position":5},"title":"Piaggio taps Abou Ghaly Motors to distribute \u2014 and one day manufacture \u2014 the iconic Italian brand\u2019s two-wheelers","author":"enterpriseam admin","date":"5 February 2026","format":false,"excerpt":"The two companies plan to localize the assembly of several models of the Italian brand in Egypt","rel":"","context":"In &quot;Automotive&quot;","block_context":{"text":"Automotive","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/automotive\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2026\/2\/381.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/590094","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=590094"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/590094\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/590075"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/590095"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=590094"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=590094"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=590094"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=590094"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=590094"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}