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Thursday, 18 October 2018

NBE, CIB, QNB Alahli, IDBE to fund projects aimed towards curbing industrial pollution

The Environment Ministry has reportedly signed agreements with four local banks to help run a financing scheme for projects aimed at curbing industrial pollution, unnamed ministry sources said. CIB, National Bank of Egypt, QNB Alahli, and the Industrial Development Bank. The agreement is part of a wider EUR 145 mn program between Egypt, the European Investment Bank, the French Development Agency, and the KfW to control industrial pollution.

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