First Abu Dhabi Bank Misr supports the transition to a green economy

First Abu Dhabi Bank Misr (FABMISR) has launched the "Green Schools for a Sustainable Future" Initiative in partnership with the Ministry of Education and Technical Education and Ain El Bee'ah Association for Environmental, Agricultural Services and Sustainable Development, the bank announced. The pilot project will be implemented at Asmaa Secondary School for Girls, under the Maadi Educational Administration in Cairo Governorate, and combines environmental infrastructure upgrades with education and community engagement to support national objectives tied to Egypt’s Vision 2030 and wider sustainability goals.

“At FABMISR, sustainability is not a concept—it is a responsibility. Through the ‘ Green Schools for a Sustainable Future ’ Initiative, we are supporting national priorities under Egypt’s Vision 2030,sustainable developments goals and the Go Green Initiative and investing in education as a driver of long-term environmental and social impact. This project reflects our commitment to developing scalable, measurable models that create real value for communities and future generations,” said Mr. Ahmed Mamdouh Hassan, Chief Corporate Governance Officer, Board Secretary, and Head of Sustainability at FABMISR.

Context and project details

• The initiative will install a greywater treatment unit for irrigation powered by a solar energy system and establish a green area featuring tree planting with an integrated irrigation network.
• Waste segregation units for organic and solid waste will be distributed throughout the school to improve resource management and contribute to a reduction in carbon emissions.
• The programme targets environmental awareness for approximately 3,500 students and 150 teachers through awareness programmes and practical applications.
• The upgrades are expected to lower the site temperature by nearly four to five degrees Celsius, supporting efforts to mitigate the effects of climate change while enhancing the school’s learning environment.
• The project positions civil society organisations, led by Ain El Bee'ah Association, as key partners in executing development initiatives at the school level.

“Ain El Bee'ah Association is a proactive partner in implementing this initiative, drawing on its expertise in environmental education and sustainable development. Through awareness programs and practical applications, we aim to achieve measurable and tangible impact. Transforming schools into green models is not merely an environmental project—it is an investment in a generation capable of leading the transition to a more sustainable society,” said Ahmed Moawad, Chairman of Ain El Bee'ah Association.

Outlook

FABMISR said the initiative reinforces its role as a responsible financial institution committed to national development priorities and sustainability-led partnerships. FABMISR is a subsidiary of First Abu Dhabi Bank Group (FAB), operating a local network of 73 branches in Egypt. FAB, headquartered in Abu Dhabi, has a global footprint in more than 20 markets and reported total assets of AED 1.38 trillion (USD 376 billion) as of September-end 2025. The group holds credit ratings of Aa3/AA-/AA- from Moody’s, S&P and Fitch respectively, an MSCI ESG rating of ‘AA’, and is ranked among the top 6% of banks globally by Refinitiv’s ESG Scores.