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Ashraf El Kady

Africa requires green financing solutions to face climate changes and accomplish sustainable development targets

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The United Bank, Chief Executive Officer and Managing Director Africa requires green financing solutions to face climate changes and accomplish sustainable development targets • Africa contributes less than 3% of the global warming. • The black continent suffers from severe climate changes. • 4 positive reflections of green economic development. • The African Development Bank is the first to issue green bonds mechanisms in 2013 to South Africa. • Egypt is to issue green bonds in 2022. • Green financing solutions are inevitable for human adoption with climate change consequences. • Moods states : Green bonds target 200 billion dollars by 2023. • The United Bank efforts towards sustainable green financing.

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Ashraf El Kady

According to The World Bank and The United Nations Conference on Trade and Development (UNCTAD)

01/01/0001

Ashraf El Kady- The Chief Executive Officer and Managing Director announced that the Egyptian technological exports made a great leap in the growth indicators to reach 460%. As per the data received from The World Bank and UNCTAD affiliated to The United Nations (2016-2021).

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Web News 15152023

The United Bank Laky forum visits the expedition and present the handicraftsmen successful stories

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Ashraf El Kady- The Chief Executive Officer and Managing Director • UB Laky forum supports and encourages the handicraftsmen. • The handcrafts sector is a promising one, which is supported by Micro, Small and Medium Enterprise Development Agency (MSMEDA). • Around 250 million dollars is the volume of handcrafts sector exports annually. • 8-5 million L.E is the local sales volume. • The handcrafts projects sector provides around 3 million jobs opportunities. • The volume of investments in handcrafts field is around 20 billion L.E. • The progress of tourism is directly related with the increase of handcraft sales volume. • The Central Bank of Egypt and the State to support handicraftsmen. • “Decent Life” initiative aims to train citizens to gain handcrafts skills. • The handcrafts sector represents Egypt’s identity

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Web News 2122023

On the margin lines of the annual Holy Quran Competition The United Bank President alongside with South Sinai Governor honor the winners of the governorate

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On the sidelines of the annual United Bank Holy Quran competition, which takes place in 20 governorates of the Egyptian Republic. Both Major General Khaled Foda- South Sinai governor and Ashraf El Kady- Chief Executive Officer and Managing Director, the United Bank witnessed the annual award ceremony that is held under the auspices of South Sinai Governorate- Sharm El Sheikh City.

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Web News 171 2024

The United Bank 2024 Adopting green financing mechanisms is the safest path to localizing industry and agriculture aiming to diversifying the national income sources

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UB’s CEO and Managing Director Ashraf El-Kady: * Localizing industry and agriculture is the safest path to diversifying the national income sources and ensuring sustainable development. * Launching a number of green financing products during 2024. * Expanding financing for small and medium-sized industries with intensive technology and high productivity. * Supporting microfinance sector to achieve Egypt’s sustainable development, in line with UN’s agenda. * Encouraging innovation and technological applications to serve the 3 dimensions of sustainability: economy, society and environment. *Backing industrial sector in rationalizing consumption and replacing it with clean energy. *Green media is an essential pillar of societal transformation towards environmentally friendly transactions.

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