Egyptian top digital firm Fawry to tap UAE end-year

Egyptian digital bill payments company Fawry is planning to expand in the United Arab Emirates at the end of this year, its managing director announced on Sunday.

“We hope to enter Saudi Arabia and Kuwait within 2020,” he said.

Mohamed Okasha told Reuters Fawry planned to complete a deal with one of the largest listed UAE banks to use its technology platform in the Gulf country, without giving details.

Source: Reuters