Arab Finance: Complementing the success of its first efforts, the first Abu Dhabi Bank, Egypt, one of the largest banks operating in Egypt, continues its cooperation with the Orman Association to improve the standard of living and enhance economic opportunities in the village of Al -Fallujah in the Badr Center in Beheira Governorate, according to the statement sent on April 30.
This second phase of the comprehensive development project of the village, which reflects the bank’s commitment to social responsibility and the vision of Egypt 2030.
At the end of this stage, Abu Dhabi First Bank, Egypt, has completed the implementation of infrastructure development projects that included the renewal of 50 homes, to ensure a safer and healthy living environment for the most needy families.
It has also launched 12 biological gas projects, dependent on renewable energy solutions to reduce dependence on traditional fuel sources and enhance environmental sustainability.
In addition, Abu Dhabi First Bank supports Egypt, the agricultural sector, where it will have provided 24 livestock to enhance sustainable agriculture practices in society.
Moreover, economic empowerment remains an essential axis in the bank's efforts within the village, as the bank will support local entrepreneurship to 55 families by providing the necessary funding for micro projects, which enhances financial inclusion and provides sustainable income sources.
These projects include grocery stores, clothing projects, cleaning supplies, sewing machines, and shaving stores.
To further support economic growth, the first Abu Dhabi Bank, Egypt, has also strengthened the financial culture of 55 individuals, providing them with the knowledge and tools necessary to better manage their financial affairs, which is essential to their ability to sustain and expand their projects.
In this context, Mohamed Abbas Fayed, CEO and Managing Director of Abu Dhabi First Bank, Egypt, said: “Our success in the first stage in the village of Al -Fallujah affirms our commitment to make a sustainable and effective change in the most needy societies. In Abu Dhabi Bank I Egypt, we believe that real development comes through an integrated approach that is not limited to improving the living conditions, but also extends to enabling individuals with skills And the opportunities that guarantee them a better future.
With the launch of the second stage, we continue our efforts in developing infrastructure, enhancing renewable energy solutions, and supporting economic empowerment, to ensure a long -term prosperity for Valujah residents. “
For his part, Ahmed Osama Al -Jundi, CEO of the Orman Association, stressed the importance of this cooperation, saying: “Our partnership with Abu Dhabi First Bank, Egypt, remains an essential component of our efforts to transform the village of Al -Fallujah and enable its economic residents. Economic and promoting renewable energy solutions. “
It is noteworthy that the first stage of the initiative witnessed the rehabilitation of 25 homes, the support of 40 small projects, the implementation of 6 biological gas projects and the provision of 12 heads of livestock in addition to strengthening the financial culture of 40 individuals, which contributed to improving the living and economic conditions of the village residents.
With the launch of the second stage, Abu Dhabi First Bank continues Egypt its efforts to enhance sustainable development and raise the standard of living of societies, confirming its commitment to its societal responsibility and its vision of the future.
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