EGYPT's Fawry's Expansion into SAUDI ARABIA's FINTECH Sector

Thursday, 15 August 2024, 22:24

EGYPT's Fawry is set to launch operations in SAUDI ARABIA by year-end, marking a significant move in the FINTECH arena. This expansion reflects Fawry's strategic growth plans and the burgeoning demand within the Saudi market. Founder and CEO Ashraf Sabry shared insights with Asharq Business about this exciting development.
Zawya
EGYPT's Fawry's Expansion into SAUDI ARABIA's FINTECH Sector

Strategic Growth into Saudi Arabia

Fawry for Banking Technology and Electronic Payment (FWRY) is taking bold steps into the SAUDI ARABIA market. As the FINTECH sector grows rapidly, Fawry aims to meet emerging demands.

Insights from the CEO

Founder and CEO Ashraf Sabry revealed plans to initiate operations before the year's end, showcasing confidence in the potential of the SAUDI market.

Conclusion: A New Era for EGYPT's Fintech

This expansion signifies a promising avenue for EGYPT's financial technology innovations as it charts new territory in SAUDI ARABIA's fintech landscape.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


Related posts


Newsletter

Subscribe to our newsletter for the most reliable and up-to-date tech news. Stay informed and elevate your tech expertise effortlessly.

Subscribe