Abu Dhabi – Mubasher: MBME Group has signed a memorandum of understanding (MOU) with Egypt’s solution provider company WAVZ to bolster transformative technology solutions across the MEA region.
The two parties will join forces to deliver innovative and scalable solutions to businesses and governments in the region, according to a press release.
The collaboration aims to evolve the banking sector through secure payment systems, seamless digital banking solutions, and advanced customer engagement tools.
It will also promote effective risk and compliance solutions, while supporting e-learning platforms to drive employee development and organisational growth.
Through its partnership with WAVZ, MBME Group will leverage its expertise in digital payment solutions to scale its footprint in Egypt.
In line with the regional digital transformation vision, the two companies will expand Egypt's digital financial ecosystem by providing innovative services that boost accessibility and reinforce economic growth.
Abdelhadi Mohamed, Managing Director and CEO of MBME Group, stated: “This partnership reflects our commitment to delivering innovative and transformative solutions to clients and represents an important step in our efforts to expand our presence in the Middle East and Africa region.”
The CEO of WAVZ, Amr Esmat, commented: “By combining our expertise and leveraging our collective strengths, we will deliver innovative solutions that create substantial value for businesses, governments, and end-users within the region.”
