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	<title>Contracts &amp; Agreements Archives - eFinance</title>
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	<title>Contracts &amp; Agreements Archives - eFinance</title>
	<link>https://sherif.realdeal.com.eg/efinance/category/contracts-agreements/</link>
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		<title>FRA &#038; eFinance Launch Egypt’s First Integrated Digital Payment Network for the Non-Banking Financial Sector</title>
		<link>https://sherif.realdeal.com.eg/efinance/news/fra-efinance-launch-egypts-first-integrated-digital-payment-network-for-the-non-banking-financial-sector/</link>
		
		<dc:creator><![CDATA[admin]]></dc:creator>
		<pubDate>Mon, 05 Jan 2026 09:00:54 +0000</pubDate>
				<category><![CDATA[Contracts & Agreements]]></category>
		<category><![CDATA[eFinance]]></category>
		<category><![CDATA[FRA]]></category>
		<guid isPermaLink="false">https://sherif.realdeal.com.eg/efinance/?p=20988</guid>

					<description><![CDATA[<p>In line with Egypt’s national digital transformation strategy and efforts to enhance regulatory and supervisory efficiency, the Financial Regulatory Authority (FRA), in strategic partnership with e-finance, announced the launch of the first fully integrated digital payment network for the non-banking financial sector. This unified electronic platform enables secure and efficient digital payment of fees and dues related to FRA services.</p>
<p>The new payment network aims to streamline interactions between entities operating in non-banking financial activities and FRA services, accelerating workflows, reducing reliance on paper-based processes, improving institutional performance, and reinforcing principles of governance, transparency, and market discipline.</p>
<p>Dr. Mohamed Farid, Chairman of the FRA, stated that the launch of this network reflects Egypt’s commitment to comprehensive digital transformation as a key driver of economic growth, market efficiency, and investment climate improvement. “This initiative aligns with the leadership’s vision to build a competitive economy powered by technology and innovation,” he said.</p>
<p>Farid added that the network is a practical application of the Smart Regulation concept, enabling supervised entities to register electronically, access real-time financial obligations, and settle payments through secure digital channels. It also allows transaction tracking, reducing processing time and enhancing transparency and institutional compliance. He emphasized that data protection and transaction stability are top priorities, noting that the platform provides a trusted and secure environment that strengthens investor confidence and supports the efficiency of non-banking financial markets.</p>
<p>Ibrahim Sarhan, Chairman &#038; CEO of EFIG, described the partnership as a strategic milestone for the company, marking an organized and scalable entry into one of Egypt’s fastest-growing and most diverse sectors. “This launch is not just an operational solution; it lays the foundation for a comprehensive digital financial infrastructure that can evolve to deliver value-added services and foster deeper collaboration with FRA,” Sarhan explained. He highlighted that the initiative will enhance user experience, create sustainable growth opportunities, and maximize returns on eFinance’s investments in technology and national digital infrastructure, reinforcing its role as a strategic partner in Egypt’s digital transformation journey.</p>
<p>The platform offers supervised entities electronic registration, account creation for authorized representatives, access to FRA services, real-time viewing of financial obligations, and secure payment through approved banking channels. Users can also monitor transactions and review financial records. Built on the highest cybersecurity and data protection standards, the system employs multi-layered verification mechanisms to ensure transaction integrity and data accuracy, delivering a safe and seamless user experience.</p>
<p>FRA affirmed that this launch represents a significant leap in upgrading the technological backbone of regulatory services and reflects its commitment, in collaboration with eFinance, to adopting modern digital solutions that enhance market competitiveness and support Egypt’s vision for a fully integrated and sustainable digital economy.</p>
<p>The post <a href="https://sherif.realdeal.com.eg/efinance/news/fra-efinance-launch-egypts-first-integrated-digital-payment-network-for-the-non-banking-financial-sector/">FRA &#038; eFinance Launch Egypt’s First Integrated Digital Payment Network for the Non-Banking Financial Sector</a> appeared first on <a href="https://sherif.realdeal.com.eg/efinance">eFinance</a>.</p>
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									<p>We are excited to announce that <strong>eFinance</strong>, Egypt’s leading sovereign and public cloud provider, has signed a strategic memorandum of understanding (MOU) with <strong>Canonical</strong>, the publisher of Ubuntu and a global pioneer in enterprise open source technologies, during Cairo ICT 2025.</p><p>This partnership reinforces our commitment to strengthening Egypt’s digital infrastructure by integrating Canonical’s advanced open source and cloud-native technologies into <strong>eFinance Cloud’s sovereign and public cloud platforms</strong>.</p><p>Through this collaboration, organizations will gain access to securely designed, automated, and scalable cloud environments that support modern workloads and accelerate digital transformation across the country.</p><p>Under the agreement, <strong>eFinance </strong>will adopt Canonical’s open source portfolio particularly its automation and observability tools to enhance our cloud capabilities and expand our value-added services.</p><p><strong>Ibrahim Sobhi, IT &amp; Cloud Director at eFinance</strong>, stated:<br /><em>“Partnering with Canonical accelerates our mission to deliver a next-generation sovereign cloud built on open source innovation. Through this collaboration, we will enable government entities and enterprises to operate with greater agility, security, and operational automation.”</em></p><p><strong>Aly Noureldin, Regional Director, Middle East &amp; Africa at Canonical</strong>, added:</p><p>We are excited to announce that <strong>eFinance</strong>, Egypt’s leading sovereign and public cloud provider, has signed a strategic memorandum of understanding (MOU) with <strong>Canonical</strong>, the publisher of Ubuntu and a global pioneer in enterprise open source technologies, during Cairo ICT 2025.</p><p>This partnership reinforces our commitment to strengthening Egypt’s digital infrastructure by integrating Canonical’s advanced open source and cloud-native technologies into <strong>eFinance Cloud’s sovereign and public cloud platforms</strong>.</p><p>Through this collaboration, organizations will gain access to securely designed, automated, and scalable cloud environments that support modern workloads and accelerate digital transformation across the country.</p><p>Under the agreement, <strong>eFinance </strong>will adopt Canonical’s open source portfolio particularly its automation and observability tools to enhance our cloud capabilities and expand our value-added services.</p><p><strong>Ibrahim Sobhi, IT &amp; Cloud Director at eFinance</strong>, stated:<br /><em>“Partnering with Canonical accelerates our mission to deliver a next-generation sovereign cloud built on open source innovation. Through this collaboration, we will enable government entities and enterprises to operate with greater agility, security, and operational automation.”</em></p><p><strong>Aly Noureldin, Regional Director, Middle East &amp; Africa at Canonical</strong>, added:<br /><em>“We are proud to collaborate with eFinance to support digital transformation and cloud innovation in Egypt. Together, we will drive open source adoption and strengthen the foundations of a sovereign, secure, and future-ready cloud ecosystem.”</em></p>								</div>
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		<p>The post <a href="https://sherif.realdeal.com.eg/efinance/news/fra-efinance-launch-egypts-first-integrated-digital-payment-network-for-the-non-banking-financial-sector/">FRA &#038; eFinance Launch Egypt’s First Integrated Digital Payment Network for the Non-Banking Financial Sector</a> appeared first on <a href="https://sherif.realdeal.com.eg/efinance">eFinance</a>.</p>
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		<title>eFinance Partners with Canonical to Enhance Modern Cloud Infrastructure Across Egypt</title>
		<link>https://sherif.realdeal.com.eg/efinance/news/efinance-cloud-canonical-open-source-partnership-egypt/</link>
		
		<dc:creator><![CDATA[admin]]></dc:creator>
		<pubDate>Tue, 18 Nov 2025 15:00:03 +0000</pubDate>
				<category><![CDATA[Contracts & Agreements]]></category>
		<category><![CDATA[Corporate]]></category>
		<category><![CDATA[eFinance]]></category>
		<guid isPermaLink="false">https://sherif.realdeal.com.eg/efinance/?p=20962</guid>

					<description><![CDATA[<p>We are excited to announce that eFinance, Egypt’s leading sovereign and public cloud provider, has signed a strategic memorandum of understanding (MOU) with Canonical, the publisher of Ubuntu and a global pioneer in enterprise open source technologies, during Cairo ICT 2025.</p>
<p>The post <a href="https://sherif.realdeal.com.eg/efinance/news/efinance-cloud-canonical-open-source-partnership-egypt/">eFinance Partners with Canonical to Enhance Modern Cloud Infrastructure Across Egypt</a> appeared first on <a href="https://sherif.realdeal.com.eg/efinance">eFinance</a>.</p>
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									<p>We are excited to announce that <strong>eFinance</strong>, Egypt’s leading sovereign and public cloud provider, has signed a strategic memorandum of understanding (MOU) with <strong>Canonical</strong>, the publisher of Ubuntu and a global pioneer in enterprise open source technologies, during Cairo ICT 2025.</p><p>This partnership reinforces our commitment to strengthening Egypt’s digital infrastructure by integrating Canonical’s advanced open source and cloud-native technologies into <strong>eFinance Cloud’s sovereign and public cloud platforms</strong>.</p><p>Through this collaboration, organizations will gain access to securely designed, automated, and scalable cloud environments that support modern workloads and accelerate digital transformation across the country.</p><p>Under the agreement, <strong>eFinance </strong>will adopt Canonical’s open source portfolio particularly its automation and observability tools to enhance our cloud capabilities and expand our value-added services.</p><p><strong>Ibrahim Sobhi, IT &amp; Cloud Director at eFinance</strong>, stated:<br /><em>“Partnering with Canonical accelerates our mission to deliver a next-generation sovereign cloud built on open source innovation. Through this collaboration, we will enable government entities and enterprises to operate with greater agility, security, and operational automation.”</em></p><p><strong>Aly Noureldin, Regional Director, Middle East &amp; Africa at Canonical</strong>, added:</p><p>We are excited to announce that <strong>eFinance</strong>, Egypt’s leading sovereign and public cloud provider, has signed a strategic memorandum of understanding (MOU) with <strong>Canonical</strong>, the publisher of Ubuntu and a global pioneer in enterprise open source technologies, during Cairo ICT 2025.</p><p>This partnership reinforces our commitment to strengthening Egypt’s digital infrastructure by integrating Canonical’s advanced open source and cloud-native technologies into <strong>eFinance Cloud’s sovereign and public cloud platforms</strong>.</p><p>Through this collaboration, organizations will gain access to securely designed, automated, and scalable cloud environments that support modern workloads and accelerate digital transformation across the country.</p><p>Under the agreement, <strong>eFinance </strong>will adopt Canonical’s open source portfolio particularly its automation and observability tools to enhance our cloud capabilities and expand our value-added services.</p><p><strong>Ibrahim Sobhi, IT &amp; Cloud Director at eFinance</strong>, stated:<br /><em>“Partnering with Canonical accelerates our mission to deliver a next-generation sovereign cloud built on open source innovation. Through this collaboration, we will enable government entities and enterprises to operate with greater agility, security, and operational automation.”</em></p><p><strong>Aly Noureldin, Regional Director, Middle East &amp; Africa at Canonical</strong>, added:<br /><em>“We are proud to collaborate with eFinance to support digital transformation and cloud innovation in Egypt. Together, we will drive open source adoption and strengthen the foundations of a sovereign, secure, and future-ready cloud ecosystem.”</em></p>								</div>
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		<p>The post <a href="https://sherif.realdeal.com.eg/efinance/news/efinance-cloud-canonical-open-source-partnership-egypt/">eFinance Partners with Canonical to Enhance Modern Cloud Infrastructure Across Egypt</a> appeared first on <a href="https://sherif.realdeal.com.eg/efinance">eFinance</a>.</p>
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		<title>eFinance and CYBRAL Join Forces to Deliver AI-Driven Cybersecurity Solutions to Cloud Customers in Egypt</title>
		<link>https://sherif.realdeal.com.eg/efinance/news/efinance-cloud-cybral-ai-cybersecurity-egypt/</link>
		
		<dc:creator><![CDATA[admin]]></dc:creator>
		<pubDate>Mon, 17 Nov 2025 14:39:51 +0000</pubDate>
				<category><![CDATA[Contracts & Agreements]]></category>
		<category><![CDATA[CYBRAL]]></category>
		<category><![CDATA[eFinance]]></category>
		<guid isPermaLink="false">https://sherif.realdeal.com.eg/efinance/?p=20954</guid>

					<description><![CDATA[<p>eFinance announces the signing of a strategic memorandum of understanding (MOU) with CYBRAL, an innovative AI-driven security leader, during the Cairo ICT exhibition.</p>
<p>The post <a href="https://sherif.realdeal.com.eg/efinance/news/efinance-cloud-cybral-ai-cybersecurity-egypt/">eFinance and CYBRAL Join Forces to Deliver AI-Driven Cybersecurity Solutions to Cloud Customers in Egypt</a> appeared first on <a href="https://sherif.realdeal.com.eg/efinance">eFinance</a>.</p>
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									<div><p><span style="font-weight: inherit; letter-spacing: 0px;">eFinance announces the signing of a strategic memorandum of understanding (MOU) with CYBRAL, an innovative AI-driven security leader, during the Cairo ICT exhibition. This partnership reinforces our commitment to delivering advanced cybersecurity capabilities to cloud customers across the Egyptian market.</span></p><p>Through this agreement, CYBRAL&#8217;s patented <strong>Data Security Posture Management (DSPM)</strong> and <strong>Continuous Threat Exposure Management (CTEM)</strong> solutions will be integrated into eFinance’s cloud offerings. CYBRAL’s core solutions introduce a unique, preemptive approach to digital security, classifying all data types with high accuracy, simulating potential attack behaviors, and continuously mapping possible attack paths. This enables prioritized remediation based on classification and auto-generates AI-driven action plans in plain language.</p><p><b>Ibrahim Sobhy, <span style="letter-spacing: 0px;">I</span><span style="letter-spacing: 0px;">T &amp; Cloud Directo</span><span style="letter-spacing: 0px;">r</span><span style="letter-spacing: 0px;"> at eFinance</span><span style="letter-spacing: 0px;">, emphasized:</span></b></p><p><em>“As Egypt accelerates its digital economy, intelligent cybersecurity is paramount. This partnership embeds innovative AI technology into our cloud ecosystem, ensuring our customers spanning public and private sectors—receive enhanced protection through intelligent defense mechanisms.”</em></p><p><b>Emad Elshinawy, Head of Business Development at CYBRAL Egypt, added:</b></p><p><em>“eFinance is the ideal partner. Together, we can fundamentally change how cloud security is managed, moving customers from reactive defense to continuous, AI-driven preemptive risk mitigation.”</em></p><p>This MOU marks a significant step in strengthening Egypt&#8217;s digital resilience, offering cloud customers advanced solutions to understand, prioritize, and eliminate security exposures proactively.</p></div>								</div>
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		<p>The post <a href="https://sherif.realdeal.com.eg/efinance/news/efinance-cloud-cybral-ai-cybersecurity-egypt/">eFinance and CYBRAL Join Forces to Deliver AI-Driven Cybersecurity Solutions to Cloud Customers in Egypt</a> appeared first on <a href="https://sherif.realdeal.com.eg/efinance">eFinance</a>.</p>
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		<title>eFinance Signs Strategic Agreement with the Military Technical College to Support the 9th International Competition</title>
		<link>https://sherif.realdeal.com.eg/efinance/news/efinance-signs-strategic-agreement-with-the-military-technical-college-to-support-the-9th-international-competition/</link>
		
		<dc:creator><![CDATA[admin]]></dc:creator>
		<pubDate>Sat, 28 Jun 2025 14:14:28 +0000</pubDate>
				<category><![CDATA[Contracts & Agreements]]></category>
		<category><![CDATA[Corporate]]></category>
		<category><![CDATA[eFinance]]></category>
		<guid isPermaLink="false">https://sherif.realdeal.com.eg/efinance/?p=20943</guid>

					<description><![CDATA[<p>eFinance has signed a cooperation protocol alongside the Ministry of Communications and Information Technology, the National Postal Authority, and Cloud for Rain to support the digital transformation of the Cairo Court of Appeal. The partnership focuses on launching a new digital court platform</p>
<p>The post <a href="https://sherif.realdeal.com.eg/efinance/news/efinance-signs-strategic-agreement-with-the-military-technical-college-to-support-the-9th-international-competition/">eFinance Signs Strategic Agreement with the Military Technical College to Support the 9th International Competition</a> appeared first on <a href="https://sherif.realdeal.com.eg/efinance">eFinance</a>.</p>
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									<p><span style="font-weight: inherit; letter-spacing: 0px;">As part of our ongoing commitment to fostering innovation and supporting Egypt’s scientific and technological development, we are </span><span style="font-weight: inherit; letter-spacing: 0px;">proud to announce the signing of a cooperation agreement with the </span><strong style="letter-spacing: 0px;">Military Technical College</strong><span style="font-weight: inherit; letter-spacing: 0px;">. This partnership will support the </span><strong style="letter-spacing: 0px;">9th Competition</strong><span style="font-weight: inherit; letter-spacing: 0px;">, organized by the college.</span></p><p>The agreement was signed by <strong>Eng. Hossam Elgoly </strong>, CEO of eFinance, alongside <strong>Major General Ashraf Diaa El-Din El-Bayoumi</strong>, Director of the Military Technical College. Also present were representatives from <strong>Middle East Company for IT Services (MCS)</strong>, faculty members of the college, and officials from both companies.</p><p>Through this collaboration, eFinance aims to:</p><ul><li>Share technological expertise and industry insights with the academic community.</li><li>Empower students with practical skills and research capabilities.</li><li>Encourage teamwork and innovation among students from Egyptian and international universities and research centers.</li><li>Support the development of future scientific and engineering leaders.</li><li>Contribute to Egypt’s broader goals for sustainable and inclusive development.</li></ul><p>We are honored to be part of this initiative and look forward to supporting the next generation of innovators and changemakers.</p>								</div>
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		<p>The post <a href="https://sherif.realdeal.com.eg/efinance/news/efinance-signs-strategic-agreement-with-the-military-technical-college-to-support-the-9th-international-competition/">eFinance Signs Strategic Agreement with the Military Technical College to Support the 9th International Competition</a> appeared first on <a href="https://sherif.realdeal.com.eg/efinance">eFinance</a>.</p>
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		<title>eFinance Joins Forces to Launch Cairo Court of Appeal’s Digital Platform and Automated Translation &#038; Inquiry Services</title>
		<link>https://sherif.realdeal.com.eg/efinance/news/efinance-joins-forces-with-cairo-court-of-appeals/</link>
		
		<dc:creator><![CDATA[admin]]></dc:creator>
		<pubDate>Wed, 28 May 2025 13:54:45 +0000</pubDate>
				<category><![CDATA[Contracts & Agreements]]></category>
		<category><![CDATA[Corporate]]></category>
		<category><![CDATA[eFinance]]></category>
		<guid isPermaLink="false">https://sherif.realdeal.com.eg/efinance/?p=20932</guid>

					<description><![CDATA[<p>eFinance has signed a cooperation protocol alongside the Ministry of Communications and Information Technology, the National Postal Authority, and Cloud for Rain to support the digital transformation of the Cairo Court of Appeal. The partnership focuses on launching a new digital court platform</p>
<p>The post <a href="https://sherif.realdeal.com.eg/efinance/news/efinance-joins-forces-with-cairo-court-of-appeals/">eFinance Joins Forces to Launch Cairo Court of Appeal’s Digital Platform and Automated Translation &#038; Inquiry Services</a> appeared first on <a href="https://sherif.realdeal.com.eg/efinance">eFinance</a>.</p>
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									<p class="text-align-justify">eFinance has signed a cooperation protocol alongside the Ministry of Communications and Information Technology, the National Postal Authority, and Cloud for Rain to support the digital transformation of the Cairo Court of Appeal. The partnership focuses on launching a new digital court platform, along with automated translation services and electronic case inquiry systems for civil, family, and labor cases.</p><p class="text-align-justify">The signing ceremony was attended by key judicial and government figures, including Counselor Mohamed Nasr Said, President of the Cairo Court of Appeal and a member of the Supreme Judicial Council, and Eng. Mahmoud Badawi, Assistant Minister for Digital Transformation.</p><p class="text-align-justify">The agreements were signed by Eng. Hossam El-Gouly, CEO of eFinance; Counselor Ali El-Hawary, Head of the Technical and Monitoring Office of the Court; Ms. Dalia El-Baz, Chairperson of the National Postal Authority; and Eng. Ashraf El-Sanadily, Chairman of Cloud for Rain. Several senior judges from the court also witnessed the event.</p><p class="text-align-justify">The cooperation protocols cover a range of digital services, including:</p><p class="text-align-justify">-Online Payment Integration: eFinance will provide electronic payment capabilities on the court’s translation services portal. This allows users to pay fees online using bank cards, digital wallets, virtual cards, and through a network of authorized payment agents across Egypt.</p><p class="text-align-justify">-On-Site Cashless Payment Support: eFinance will deploy Point of Sale (POS) machines and payment representatives within the court and its branches to facilitate payments via card or cash.</p><p class="text-align-justify">-Remote Payment Links: Users can also receive secure payment links via SMS for online transactions, improving accessibility and convenience.</p><p class="text-align-justify">Through the digital court platform, users will be able to request and receive various documents—such as appeal certificates, copies of appeal filings and judgments—online or via mail. Translation services will also be handled digitally, with requests submitted and delivered through the platform.</p><p class="text-align-justify">The Court’s Translation Department will provide certified translations to and from multiple languages, including English, French, German, Italian, Spanish, Chinese, Japanese, Portuguese, Russian, Ottoman Turkish, and calligraphic Arabic, with official authentication stamps.</p><p class="text-align-justify">Counselor Mohamed Nasr Said emphasized that these initiatives align with Egypt’s Vision 2030 and President El-Sisi’s directives for digital transformation and sustainable development. He described the digital court initiative as a groundbreaking step toward modernizing judicial processes and improving access to justice through technology.</p><p class="text-align-justify">Ibrahim Sarhan, Chairman and CEO of eFinance Investment Group, expressed pride in the company’s role in the project and its ongoing partnerships with key government institutions. He highlighted eFinance’s extensive experience in digitizing essential state systems, underscoring the company’s capability to drive significant digital change within the judiciary.</p><p class="text-align-justify">Eng. Hossam El-Gouly reaffirmed eFinance’s readiness to lead this transformation, citing the company’s unmatched digital infrastructure and its ability to process trillions in real-time payments. He emphasized that this project would significantly enhance payment services and digital efficiency within the Cairo Court of Appeal.</p>								</div>
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		<p>The post <a href="https://sherif.realdeal.com.eg/efinance/news/efinance-joins-forces-with-cairo-court-of-appeals/">eFinance Joins Forces to Launch Cairo Court of Appeal’s Digital Platform and Automated Translation &#038; Inquiry Services</a> appeared first on <a href="https://sherif.realdeal.com.eg/efinance">eFinance</a>.</p>
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		<title>EFIG Facilitates Overseas Egyptians&#8217; Real Estate Installment Payments in Collaboration with the Ministry of Housing, Ministry of Finance, and Banque Misr</title>
		<link>https://sherif.realdeal.com.eg/efinance/news/efinance-overseas-egyptians-beitak-fi-masr-installment-payments/</link>
		
		<dc:creator><![CDATA[admin]]></dc:creator>
		<pubDate>Sun, 16 Feb 2025 14:38:12 +0000</pubDate>
				<category><![CDATA[Contracts & Agreements]]></category>
		<category><![CDATA[e-payment]]></category>
		<category><![CDATA[eFinance]]></category>
		<category><![CDATA[MOU]]></category>
		<guid isPermaLink="false">https://sherif.realdeal.com.eg/efinance/?p=18217</guid>

					<description><![CDATA[<p> EFIG has activated eFinance’s electronic systems to facilitate US dollar installment payments for overseas Egyptians under the 'Beitak fi Masr' initiative. This collaboration with the Ministries of Housing and Finance, the Central Bank, and Banque Misr ensures secure and efficient payment solutions for expatriates purchasing residential units.</p>
<p>The post <a href="https://sherif.realdeal.com.eg/efinance/news/efinance-overseas-egyptians-beitak-fi-masr-installment-payments/">EFIG Facilitates Overseas Egyptians&#8217; Real Estate Installment Payments in Collaboration with the Ministry of Housing, Ministry of Finance, and Banque Misr</a> appeared first on <a href="https://sherif.realdeal.com.eg/efinance">eFinance</a>.</p>
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									<p class="text-align-justify">EFIG has announced the activation of its electronic systems to receive installment payments in US dollars for residential units allocated to overseas Egyptians under the “Beitak fi Masr” national initiative. This initiative is a collaborative effort with the Ministries of Housing and Finance, the Central Bank, and Banque Misr.</p><p class="text-align-justify">eFinance clarified that the processing of dollar installment transfers will be conducted through the Ministry of Finance’s Electronic Payment and Collection Center, which is operated by e-finance. This platform enables overseas residents to pay for or make installments on their residential units using modern electronic methods. The electronic collection system ensures the secure and accurate settlement of these transactions.</p><p>Engineer Sherif El-Sherbiny, Minister of Housing, Utilities, and Urban Communities, underscored the impressive response to the “Beitak fi Masr” initiative. Within just 48 hours of opening reservations, approximately $2.5 million was collected through electronic payments and bank transfers.</p><p class="text-align-justify">The Minister also highlighted the signing of a tripartite cooperation protocol between the New Urban Communities Authority, Banque Misr, and e-finance. This protocol aims to provide advanced electronic payment solutions, offering convenient and secure payment options through multiple channels. This will facilitate the transfer of due amounts for residential unit reservations from various countries.</p><p>The official initiative website, developed in collaboration with Excellent (a subsidiary of United Media Services), eFinance, and Banque Misr, provides a fully integrated digital platform. Through this platform, users can remotely explore housing units via high-resolution virtual tours, access detailed project information, and complete the reservation process online, ensuring a seamless, transparent, and efficient experience for expatriates.</p><p class="text-align-justify">He added that the initiative’s website was developed in collaboration with Excellent Company, a subsidiary of United Media Services, e-finance, and Banque Misr. It allows users to upload required documents after completion, whether through bank transfer, exchange transfer, or reservation and payment via credit cards on the website. This provides diverse, fast, secure, and reliable payment solutions, saving customers time and effort.</p><p class="text-align-justify">Ibrahim Sarhan, Chairman of eFinance for Financial and Digital Investments, expressed his pride in the Group’s achievements in supporting and advancing the national digital transformation across all government entities and economic sectors. He highlighted the leading role of the financial operations technology subsidiary in handling government revenues, both domestic and foreign, thanks to its state-of-the-art technological infrastructure that ensures speed, accuracy, and security.</p><p class="text-align-justify">He added that e-finance’s support for the “Beitak fi Masr” national initiative will drive its success, trust, and rapid expansion. This will be achieved through highly accurate, fast, and secure financial technology for digital collection of residential unit values and installments in dollars, building on the successes and achievements that citizens have come to expect from the Group’s various payment and fintech services, especially in cooperation with the Ministry of Housing.</p><p class="text-align-justify">Hisham Okasha, Chairman of Banque Misr, expressed the bank’s pride in participating in the “Beitak fi Masr” national initiative. He emphasized the continued fruitful cooperation with the Ministry of Finance and e-finance, ensuring the same outstanding results achieved in government revenue collection over the past years.</p><p class="text-align-justify">At eFinance, we are proud to have achieved remarkable success in collecting electronic payments in foreign currency through the yacht tourism single platform and the government’s Electronic Payment and Collection Center portal. This aligns with the state’s efforts to enhance yacht tourism through an electronic platform that involves all relevant authorities, streamlining procedures and approvals for foreign yachts and issuing electronic invoices in US dollars.</p>								</div>
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		<p>The post <a href="https://sherif.realdeal.com.eg/efinance/news/efinance-overseas-egyptians-beitak-fi-masr-installment-payments/">EFIG Facilitates Overseas Egyptians&#8217; Real Estate Installment Payments in Collaboration with the Ministry of Housing, Ministry of Finance, and Banque Misr</a> appeared first on <a href="https://sherif.realdeal.com.eg/efinance">eFinance</a>.</p>
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		<title>eFinance signs a quadripartite protocol to integrate the universal health insurance systems with the social safety network systems.</title>
		<link>https://sherif.realdeal.com.eg/efinance/news/efinance-signs-a-quadripartite-protocol-to-integrate-the-universal-health-insurance-systems-with-the-social-safety-network-systems/</link>
		
		<dc:creator><![CDATA[admin]]></dc:creator>
		<pubDate>Sun, 09 Feb 2025 13:41:52 +0000</pubDate>
				<category><![CDATA[Contracts & Agreements]]></category>
		<category><![CDATA[eHealth]]></category>
		<category><![CDATA[UHIA]]></category>
		<guid isPermaLink="false">https://sherif.realdeal.com.eg/efinance/?p=20687</guid>

					<description><![CDATA[<p> eFinance signs a quadripartite protocol to integrate universal health insurance systems with social safety networks, reinforcing Egypt’s commitment to digital healthcare transformation. The agreement brings together key stakeholders from the public and private sectors to enhance healthcare accessibility and efficiency.</p>
<p>The post <a href="https://sherif.realdeal.com.eg/efinance/news/efinance-signs-a-quadripartite-protocol-to-integrate-the-universal-health-insurance-systems-with-the-social-safety-network-systems/">eFinance signs a quadripartite protocol to integrate the universal health insurance systems with the social safety network systems.</a> appeared first on <a href="https://sherif.realdeal.com.eg/efinance">eFinance</a>.</p>
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									<div><div dir="auto">eFinance signs a quadripartite protocol to integrate the universal health insurance systems with the social safety network systems.</div><div dir="auto"><p class="text-align-justify">A quadripartite protocol was signed to integrate the universal health insurance systems with the social safety network systems. The agreement was signed by Mr. Hossam Elgoly, CEO of eFinance, Mr. Akram Reda, CEO of eHealth, Mr. Raafat Shafik, Assistant Minister for Social Protection and Economic Empowerment, and Ms. May Farid, CEO of UHIA. The signing was witnessed by Dr. Khaled Abdelghaffar, Minister of Health and Population, Dr. Maya Morsi, Minister of Social Solidarity, Dr. Ihab Abu Aish, Vice Chairman of the Universal Health Insurance Authority (UHIA) and Mr. Ibrahim Sarhan, Chairman and CEO of EFIG.</p><p class="text-align-justify">-Mr. Ibrahim Sarhan participated in a thought-provoking discussion on the importance of private sector investment in supporting the Ministry of Health’s efforts to achieve the goals outlined in Egypt’s Vision 2030, particularly in enhancing the efficiency and sustainability of the health insurance system. The discussion brought together system leaders, industry stakeholders, and representatives from international organizations to discuss the pivotal role of digital transformation in advancing value-based healthcare and driving innovation. The topics covered included the enhancement of system efficiency, resource optimization, data-driven decision-making, and strategic purchasing processes, along with insights into the evolution of digital healthcare within the universal health insurance framework.</p></div></div><div><div dir="auto"> </div></div>								</div>
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		<p>The post <a href="https://sherif.realdeal.com.eg/efinance/news/efinance-signs-a-quadripartite-protocol-to-integrate-the-universal-health-insurance-systems-with-the-social-safety-network-systems/">eFinance signs a quadripartite protocol to integrate the universal health insurance systems with the social safety network systems.</a> appeared first on <a href="https://sherif.realdeal.com.eg/efinance">eFinance</a>.</p>
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		<title>eFinance Drives Digital Transformation in Partnership with Arab Bank</title>
		<link>https://sherif.realdeal.com.eg/efinance/news/efinance-arab-bank-digital-government-payments/</link>
		
		<dc:creator><![CDATA[admin]]></dc:creator>
		<pubDate>Tue, 19 Nov 2024 08:34:21 +0000</pubDate>
				<category><![CDATA[Contracts & Agreements]]></category>
		<category><![CDATA[e-payment]]></category>
		<category><![CDATA[eFinance]]></category>
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		<guid isPermaLink="false">https://sherif.realdeal.com.eg/efinance/?p=18265</guid>

					<description><![CDATA[<p>eFinance partners with Arab Bank to launch a groundbreaking digital service for government payments, enabling businesses to complete transactions efficiently and securely through the ArabiConnect platform</p>
<p>The post <a href="https://sherif.realdeal.com.eg/efinance/news/efinance-arab-bank-digital-government-payments/">eFinance Drives Digital Transformation in Partnership with Arab Bank</a> appeared first on <a href="https://sherif.realdeal.com.eg/efinance">eFinance</a>.</p>
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									<div class="single-news-body animation-end"><div class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><p>eFinance for Digital and Financial Investments has joined forces with Arab Bank to launch an innovative service for government payments, integrated into Arab Bank’s corporate digital platform, “ArabiConnect.” This collaboration underscores eFinance’s leadership in providing cutting-edge electronic payment and collection solutions while supporting Egypt’s broader digital transformation goals. </p><p>Through this partnership, eFinance empowers Arab Bank’s corporate clients to seamlessly handle critical transactions, such as customs duties and tax payments, entirely online. By integrating its advanced digital payment systems into “ArabiConnect,” eFinance enables businesses to complete government payments securely and efficiently, saving time and resources while eliminating the need for branch visits. </p><p>Mr. Ibrahim Sarhan, Chairman and CEO of eFinance investment group, stated: </p><p>“Our collaboration with Arab Bank reflects eFinance’s commitment to continuously advancing digital financial services and electronic payment systems across the banking sector. With over EGP 1 trillion in annual government payment transactions, eFinance is proud to be a fundamental driver of Egypt’s digital economy, facilitating new payment channels that meet the evolving needs of clients.” </p><p>This partnership leverages eFinance’s robust infrastructure and expertise in digital transformation, ensuring secure and seamless payment solutions for Arab Bank’s clients. As the leading provider of electronic financial networks in Egypt, eFinance plays a pivotal role in enabling institutions like Arab Bank to provide innovative services that align with global banking trends. </p><p>By powering services like the “ArabiConnect” platform, eFinance continues to solidify its position as the preferred partner for organizations seeking to enhance their digital capabilities, streamline payment processes, and contribute to Egypt’s transformation into a cashless, digitally integrated economy.</p></div></div>								</div>
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		<p>The post <a href="https://sherif.realdeal.com.eg/efinance/news/efinance-arab-bank-digital-government-payments/">eFinance Drives Digital Transformation in Partnership with Arab Bank</a> appeared first on <a href="https://sherif.realdeal.com.eg/efinance">eFinance</a>.</p>
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		<title>eFinance Partners with SAFE to Revolutionize Financial Technology Services in the Region</title>
		<link>https://sherif.realdeal.com.eg/efinance/news/efinance-partners-with-safe-to-revolutionize-financial-technology-services-in-the-region/</link>
		
		<dc:creator><![CDATA[admin]]></dc:creator>
		<pubDate>Mon, 18 Nov 2024 13:50:17 +0000</pubDate>
				<category><![CDATA[Contracts & Agreements]]></category>
		<category><![CDATA[Cairo ICT 2024]]></category>
		<category><![CDATA[Cloud Computing]]></category>
		<category><![CDATA[eFinance]]></category>
		<category><![CDATA[Egypt Vision 2030]]></category>
		<guid isPermaLink="false">https://sherif.realdeal.com.eg/efinance/?p=20696</guid>

					<description><![CDATA[<p>eFinance has signed a Memorandum of Understanding (MoU) with Saudi Arabia’s SAFE to enhance ATM, POS, and cash deposit machine services using modern technologies. The announcement was made at Cairo ICT 2024, with the presence of Mr. Turki bin Matooq Al-Thonayan, CEO of SAFE, and Engineer Hossam El-Goly, Executive Board Member of eFinance.</p>
<p>The post <a href="https://sherif.realdeal.com.eg/efinance/news/efinance-partners-with-safe-to-revolutionize-financial-technology-services-in-the-region/">eFinance Partners with SAFE to Revolutionize Financial Technology Services in the Region</a> appeared first on <a href="https://sherif.realdeal.com.eg/efinance">eFinance</a>.</p>
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									<p>eFinance, EFIG’s subsidiary &amp; Egypt&#8217;s leading financial technology company specializing in digital solutions and electronic payment services, signs a Memorandum of Understanding (MoU) with Saudi Arabia’s National Security Services Company (SAFE), a subsidiary of the Public Investment Fund. This partnership marks a strategic step towards enhancing financial technology and security services in the region.</p><p>The announcement was made during the 28th edition of the Cairo ICT International Technology Conference and Exhibition for the Middle East and Africa, held under the patronage of His Excellency President Abdel Fattah El-Sisi.<br />This collaboration aligns with eFinance’s strategic initiative to support financial institutions in adopting outsourcing solutions for managing ATM services, point-of-sale (POS) devices, and cash deposit machines. Both companies will also explore joint solutions in cloud computing and international money transfer services between Egypt and Saudi Arabia.</p><p>The MoU was signed by Eng. Hossam El-Goly, eFinance&#8217;s CEO, and Mr. Turki bin Maatouq Al-Thonayan, CEO of SAFE, in the presence of Mr. Ibrahim Sarhan, Chairman &amp; CEO of eFinance Investment Group.</p><p>Under this agreement, eFinance will leverage its expertise to provide advanced cloud hosting, operational services, and technical support tailored to financial institutions while SAFE will supply specialized equipment and experts, enabling the development of integrated solutions across ATM, POS, and cash deposit services.</p><p>The partnership aims to combine SAFE&#8217;s security-focused innovations with eFinance&#8217;s technological expertise to develop comprehensive solutions that meet the demands of financial institutions. This cooperation is designed to foster seamless integration of technology and security while supporting the economic visions of both nations—Saudi Vision 2030 and Egypt Vision 2030.</p>								</div>
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		<p>The post <a href="https://sherif.realdeal.com.eg/efinance/news/efinance-partners-with-safe-to-revolutionize-financial-technology-services-in-the-region/">eFinance Partners with SAFE to Revolutionize Financial Technology Services in the Region</a> appeared first on <a href="https://sherif.realdeal.com.eg/efinance">eFinance</a>.</p>
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		<title>eFinance Partners with Dell Technologies to Launch AI-Ready Cloud Platform in Egypt</title>
		<link>https://sherif.realdeal.com.eg/efinance/news/efinance-partners-with-dell-technologies-to-launch-ai-ready-cloud-platform-in-egypt-2/</link>
		
		<dc:creator><![CDATA[admin]]></dc:creator>
		<pubDate>Sun, 17 Nov 2024 08:55:58 +0000</pubDate>
				<category><![CDATA[Cloud]]></category>
		<category><![CDATA[Contracts & Agreements]]></category>
		<category><![CDATA[Cairo ICT 2024]]></category>
		<category><![CDATA[eFinance]]></category>
		<guid isPermaLink="false">https://sherif.realdeal.com.eg/efinance/?p=20721</guid>

					<description><![CDATA[<p>eFinance teams up with Dell Technologies to launch an AI-ready cloud platform in Egypt, designed to accelerate AI innovation and provide businesses with advanced cloud solutions to enhance efficiency and growth</p>
<p>The post <a href="https://sherif.realdeal.com.eg/efinance/news/efinance-partners-with-dell-technologies-to-launch-ai-ready-cloud-platform-in-egypt-2/">eFinance Partners with Dell Technologies to Launch AI-Ready Cloud Platform in Egypt</a> appeared first on <a href="https://sherif.realdeal.com.eg/efinance">eFinance</a>.</p>
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									<p>eFinance has signed a memorandum of understanding with global tech leader Dell Technologies to launch an AI-ready cloud platform in Egypt, aimed at accelerating AI-driven innovation for businesses across the country.</p><p>The agreement was signed during the 28th edition of Cairo ICT 2024, held under the patronage of President Abdel Fattah El-Sisi, from November 17-20, 2024, at the Egypt International Exhibition Center, with the support of Dr. Amr Talaat, Minister of Communications and Information Technology.</p><p>The partnership was formalized by Mr. Ibrahim Sarhan, Chairman and CEO of eFinance Investment Group, and Mohammed Amin, Senior Vice President for Central Eastern Europe, Middle East, Turkey, and Africa (CEEMETA) at Dell Technologies.</p><p>This groundbreaking collaboration aims to redefine the cloud computing landscape by offering businesses advanced solutions specifically designed to manage high-performance AI workloads. &#8220;The launch of this platform marks a new chapter in cloud computing in Egypt,&#8221; said Mr. Ibrahim Sarhan. &#8220;We are empowering companies to harness the transformative potential of artificial intelligence to drive efficiency and innovation.&#8221;</p><p>Mohammed Amin highlighted the platform&#8217;s scalability, seamless integration, and exceptional performance. &#8220;Together with eFinance, we are setting a new benchmark for intelligent cloud computing in the region, helping organizations unlock the full potential of AI for growth and innovation,&#8221; he added.</p><p>This collaboration positions Egypt as a hub for advanced AI and cloud technologies, supporting the nation’s digital transformation goals.</p>								</div>
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		<p>The post <a href="https://sherif.realdeal.com.eg/efinance/news/efinance-partners-with-dell-technologies-to-launch-ai-ready-cloud-platform-in-egypt-2/">eFinance Partners with Dell Technologies to Launch AI-Ready Cloud Platform in Egypt</a> appeared first on <a href="https://sherif.realdeal.com.eg/efinance">eFinance</a>.</p>
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