{"id":609288,"date":"2023-11-02T00:00:00","date_gmt":"2023-11-02T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/11\/02\/plastic-bank-cleans-up-egypt-aibank-gets-arab-banking-award\/"},"modified":"2023-11-02T00:00:00","modified_gmt":"2023-11-02T00:00:00","slug":"plastic-bank-cleans-up-egypt-aibank-gets-arab-banking-award","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/11\/02\/plastic-bank-cleans-up-egypt-aibank-gets-arab-banking-award\/","title":{"rendered":"Plastic Bank cleans up Egypt, aiBank gets Arab banking award"},"content":{"rendered":"

We have Thursday Kudos this morning for:<\/strong><\/p>\n

Canada-based social enterprise <\/strong>Plastic Bank<\/a><\/strong> has collected 13 mn kilograms of <\/strong>plastic in Egypt over the past three years<\/strong>, equal to 500 mn plastic bottles, it said in a statement<\/a>(pdf)<\/a> last week. The organization has 28 collection centers in 11 of Egypt\u2019s governorates and 2.1k members. Egypt accounts for 13% of the total amount of plastic collected by the company around the world, which has reached 100 mn kilograms (5 bn plastic bottles).<\/p>\n

aiBank was named as the \u201cfastest growing bank in the Arab region\u201d <\/strong>by the World Union of Arab Bankers, the Arab Investment Bank (aiBank) said in a statement<\/a>(pdf)<\/a> on Sunday. The bank\u2019s net income jumped 56% y-o-y to EGP 450 mn in 1H 2023 on the back of its expanded loan portfolio, new e-payment and depository products, and the growth of its branch network.<\/p>\n

^^ Have you or your company done something good in the community? Drop us a note on editorial@enterprisemea.com<\/a> (make sure to tell us the 5Ws and the H<\/a>) and we\u2019ll consider it for a future Thursday.<\/p>\n","protected":false},"excerpt":{"rendered":"

We have Thursday Kudos this morning for: Canada-based social enterprise Plastic Bank has collected 13 mn kilograms of plastic in Egypt over the past three years, equal to 500 mn plastic bottles, it said in a statement(pdf) last week. The organization has 28 collection centers in 11 of Egypt\u2019s governorates and 2.1k members. Egypt accounts […]<\/p>\n","protected":false},"author":1,"featured_media":609289,"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":[7230],"tags":[8809,72,7125,249,11731],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-609288","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-kudos","tag-aibank","tag-enterpriseam","tag-environment","tag-kudos","tag-plastic-bank","wpautop","entry"],"acf":{"mongo_id":"63bc88d6-188a-4c68-8010-6254286887da","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/11\/87.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Plastic Bank cleans up Egypt, aiBank gets Arab banking award","related_issue":[609270],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/11\/.625e31bf-5e91-4c7a-8570-39cf34274a65.mp3"},"yoast_head":"\nPlastic Bank cleans up Egypt, aiBank gets Arab banking award - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2023\/11\/02\/plastic-bank-cleans-up-egypt-aibank-gets-arab-banking-award\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Plastic Bank cleans up Egypt, aiBank gets Arab banking award\" \/>\n<meta property=\"og:description\" content=\"We have Thursday Kudos this morning for: Canada-based social enterprise Plastic Bank has collected 13 mn kilograms of plastic in Egypt over the past three years, equal to 500 mn plastic bottles, it said in a statement(pdf) last week. The organization has 28 collection centers in 11 of Egypt\u2019s governorates and 2.1k members. Egypt accounts […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2023\/11\/02\/plastic-bank-cleans-up-egypt-aibank-gets-arab-banking-award\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2023-11-02T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2023\/11\/87.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/11\/02\/plastic-bank-cleans-up-egypt-aibank-gets-arab-banking-award\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/11\/02\/plastic-bank-cleans-up-egypt-aibank-gets-arab-banking-award\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Plastic Bank cleans up Egypt, aiBank gets Arab banking award\",\"datePublished\":\"2023-11-02T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/11\/02\/plastic-bank-cleans-up-egypt-aibank-gets-arab-banking-award\/\"},\"wordCount\":186,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/11\/02\/plastic-bank-cleans-up-egypt-aibank-gets-arab-banking-award\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/11\/87.jpg?fit=%2C&ssl=1\",\"keywords\":[\"aiBank\",\"EnterpriseAM\",\"environment\",\"KUDOS\",\"Plastic Bank\"],\"articleSection\":[\"Kudos\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/11\/02\/plastic-bank-cleans-up-egypt-aibank-gets-arab-banking-award\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2023\/11\/02\/plastic-bank-cleans-up-egypt-aibank-gets-arab-banking-award\/\",\"name\":\"Plastic Bank cleans up Egypt, aiBank gets Arab banking award - 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PLUS: News from aiBank, an export subsidy boost, and another wheat tender","author":"enterpriseam admin","date":"3 August 2023","format":false,"excerpt":"The company is looking into acquiring a license in Abu Dhabi","rel":"","context":"In "Also on our Radar"","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\/2023\/8\/150.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":547458,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/22\/aibank-returns-to-the-black-in-1q2022\/","url_meta":{"origin":609288,"position":3},"title":"aiBank returns to the black in 1Q2022","author":"enterpriseam admin","date":"22 June 2022","format":false,"excerpt":"Arab Investment Bank (aiBank) bounced back from losses last year to generate a net income of EGP 140 mn in 1Q2022, it announced in a statement (pdf) yesterday. The bank had reported a EGP 1 mn loss in the same period in 2021 but entered the black this year on\u2026","rel":"","context":"In "EARNINGS WATCH"","block_context":{"text":"EARNINGS WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/earnings-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":553751,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/02\/reduce-reuse-recycle-repeat\/","url_meta":{"origin":609288,"position":4},"title":"Reduce, reuse, recycle, repeat","author":"enterpriseam admin","date":"2 July 2021","format":false,"excerpt":"Saving the planet starts with recycling, which has multiple benefits starting from conserving resources and saving energy, to protecting the environment and reducing landfill volumes. As of 2018, the formal sector in Egypt was said to collect 810k tonnes of waste annually with the informal sector collecting over 2.5 mn\u2026","rel":"","context":"In "MOVING TOWARD A ZERO WASTE LIFESTYLE"","block_context":{"text":"MOVING TOWARD A ZERO WASTE LIFESTYLE","link":"https:\/\/enterpriseam.com\/egypt\/category\/moving-toward-a-zero-waste-lifestyle\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/6\/16.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":581606,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/16\/mashreq-bank-gets-euromoney-kudos-axa-tamweely-intella-get-gongs\/","url_meta":{"origin":609288,"position":5},"title":"Mashreq Bank gets Euromoney kudos + Axa, Tamweely, Intella get gongs","author":"enterpriseam admin","date":"16 February 2023","format":false,"excerpt":"Our friends at Gulf lender Mashreq Bank were named market leader in the UAE in Euromoney\u2019s 2023 Trade Finance Survey for the third year running, according to a company press release (pdf). Mashreq also topped the best service category in Bahrain, Kuwait, Qatar, and Bangladesh, and was second in Egypt\u2026","rel":"","context":"In "Kudos"","block_context":{"text":"Kudos","link":"https:\/\/enterpriseam.com\/egypt\/category\/newsmakers\/kudos\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/2\/Ahmed-Abdelaal-Mashreq-Group-CEO-1600px.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\/609288","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=609288"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/609288\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/609270"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/609289"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=609288"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=609288"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=609288"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=609288"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=609288"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}