{"id":632827,"date":"2018-02-20T04:16:15","date_gmt":"2018-02-20T04:16:15","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/20\/fawry-planning-to-expand-to-gcc-african-markets-this-year\/"},"modified":"2018-02-20T04:16:15","modified_gmt":"2018-02-20T04:16:15","slug":"fawry-planning-to-expand-to-gcc-african-markets-this-year","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/20\/fawry-planning-to-expand-to-gcc-african-markets-this-year\/","title":{"rendered":"Fawry planning to expand to GCC, African markets this year"},"content":{"rendered":"<p>E-payments platform Fawry is planning to expand its operations to GCC and African countries this year, Co-Founder and Managing Director Mohamed Okasha tells <a href=\"https:\/\/ara.reuters.com\/article\/businessNews\/idARAKCN1G30H7\">Reuters\u2019 Arabic Service<\/a>. The company is also eyeing a 50% increase in the sales and transactions it processes this year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>E-payments platform Fawry is planning to expand its operations to GCC and African countries this year, Co-Founder and Managing Director Mohamed Okasha tells Reuters\u2019 Arabic Service. The company is also eyeing a 50% increase in the sales and transactions it processes this year.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9298],"tags":[2372,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-632827","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking-finance","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"74cdb7ff-daba-4484-8e0c-c22aad10a81c","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","full_issue_title":"Fawry planning to expand to GCC, African markets this year","related_issue":[632788],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.e7963074-564b-4525-af58-5cff2c602c20.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Fawry planning to expand to GCC, African markets this year - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/20\/fawry-planning-to-expand-to-gcc-african-markets-this-year\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Fawry planning to expand to GCC, African markets this year\" \/>\n<meta property=\"og:description\" content=\"E-payments platform Fawry is planning to expand its operations to GCC and African countries this year, Co-Founder and Managing Director Mohamed Okasha tells Reuters\u2019 Arabic Service. The company is also eyeing a 50% increase in the sales and transactions it processes this year.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/20\/fawry-planning-to-expand-to-gcc-african-markets-this-year\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-02-20T04:16:15+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/20\/fawry-planning-to-expand-to-gcc-african-markets-this-year\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/20\/fawry-planning-to-expand-to-gcc-african-markets-this-year\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Fawry planning to expand to GCC, African markets this year\",\"datePublished\":\"2018-02-20T04:16:15+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/20\/fawry-planning-to-expand-to-gcc-african-markets-this-year\/\"},\"wordCount\":52,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"BANKING + FINANCE\",\"EnterpriseAM\"],\"articleSection\":[\"Banking + Finance\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/20\/fawry-planning-to-expand-to-gcc-african-markets-this-year\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/20\/fawry-planning-to-expand-to-gcc-african-markets-this-year\/\",\"name\":\"Fawry planning to expand to GCC, African markets this year - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2018-02-20T04:16:15+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/20\/fawry-planning-to-expand-to-gcc-african-markets-this-year\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/20\/fawry-planning-to-expand-to-gcc-african-markets-this-year\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/20\/fawry-planning-to-expand-to-gcc-african-markets-this-year\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Fawry planning to expand to GCC, African markets this year\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Fawry planning to expand to GCC, African markets this year - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/20\/fawry-planning-to-expand-to-gcc-african-markets-this-year\/","og_locale":"en_US","og_type":"article","og_title":"Fawry planning to expand to GCC, African markets this year","og_description":"E-payments platform Fawry is planning to expand its operations to GCC and African countries this year, Co-Founder and Managing Director Mohamed Okasha tells Reuters\u2019 Arabic Service. The company is also eyeing a 50% increase in the sales and transactions it processes this year.","og_url":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/20\/fawry-planning-to-expand-to-gcc-african-markets-this-year\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2018-02-20T04:16:15+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/20\/fawry-planning-to-expand-to-gcc-african-markets-this-year\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/20\/fawry-planning-to-expand-to-gcc-african-markets-this-year\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Fawry planning to expand to GCC, African markets this year","datePublished":"2018-02-20T04:16:15+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/20\/fawry-planning-to-expand-to-gcc-african-markets-this-year\/"},"wordCount":52,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["BANKING + FINANCE","EnterpriseAM"],"articleSection":["Banking + Finance"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/20\/fawry-planning-to-expand-to-gcc-african-markets-this-year\/","url":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/20\/fawry-planning-to-expand-to-gcc-african-markets-this-year\/","name":"Fawry planning to expand to GCC, African markets this year - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2018-02-20T04:16:15+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/20\/fawry-planning-to-expand-to-gcc-african-markets-this-year\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2018\/02\/20\/fawry-planning-to-expand-to-gcc-african-markets-this-year\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/20\/fawry-planning-to-expand-to-gcc-african-markets-this-year\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Fawry planning to expand to GCC, African markets this year"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":591345,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/03\/fawry-in-talks-to-set-up-bank-transfer-service-for-egyptians-in-gcc\/","url_meta":{"origin":632827,"position":0},"title":"Fawry in talks to set up bank transfer service for Egyptians in GCC","author":"enterpriseam admin","date":"3 December 2019","format":false,"excerpt":"E-payments platform Fawry is in talks with local and regional banks to set up a bank transfer service for Egyptians living in the Gulf, Managing Director Mohamed Okasha tells Al Mal. The company is looking to initially establish the service in the UAE, Kuwait, and Saudi Arabia. The banks include\u2026","rel":"","context":"In &quot;Banking + Finance&quot;","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":621467,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/08\/fawry-plus-signs-with-13-major-egyptian-banks-to-offer-banking-services\/","url_meta":{"origin":632827,"position":1},"title":"Fawry Plus signs with 13 major Egyptian banks to offer banking services","author":"enterpriseam admin","date":"8 November 2018","format":false,"excerpt":"E-payments outlet Fawry Plus signed contracts with 13 local banks, including CIB and the National Bank of Egypt, to start offering limited banking services to the banks\u2019 customers before year-end, a source from the company told Al Mal. The service will initially allow bill payment and access to smart wallets,\u2026","rel":"","context":"In &quot;Banking + Finance&quot;","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":642675,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/20\/fawry-to-upgrade-systems-for-egp-300-mn\/","url_meta":{"origin":632827,"position":2},"title":"Fawry to upgrade systems for EGP 300 mn","author":"enterpriseam admin","date":"20 August 2017","format":false,"excerpt":"Fawry is looking to spend EGP 300 mn in the second half of the fiscal year to upgrade its systems, CEO Ashraf Sabry said in a story by Al Masry Al Youm. The firm is also planning on expanding its number of outlets to 100k by the end of the\u2026","rel":"","context":"In &quot;Banking + Finance&quot;","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":567463,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/23\/fawry-to-debut-in-uae-in-1q2020\/","url_meta":{"origin":632827,"position":3},"title":"Fawry to debut in UAE in 1Q2020","author":"enterpriseam admin","date":"23 January 2020","format":false,"excerpt":"Fawry to make its UAE debut this quarter: Egyptian e-payments company Fawry is planning to launch in the UAE during 1Q2020 alongside the Dubai Islamic Bank, Managing Director Mohamed Okasha said, according to Al Mal. The company held a trial run in the UAE with the bank last summer in\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":644778,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/03\/fawry-planning-egp-400-mn-expansion-in-coming-18-months\/","url_meta":{"origin":632827,"position":4},"title":"Fawry planning EGP 400 mn expansion in coming 18 months","author":"enterpriseam admin","date":"3 July 2017","format":false,"excerpt":"E-payments platform Fawry is planning a EGP 400 mn expansion over the next 18 months of its online payment network and upgrade its infrastructure, CEO Ashraf Sabry said, according to Al Borsa. Fawry is also partnering with seven new banks to offer mobile wallet services in the near future, he\u2026","rel":"","context":"In &quot;Banking + Finance&quot;","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":594892,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/10\/egypts-fawry-to-move-into-micro-insurance-brokerage-early-2020\/","url_meta":{"origin":632827,"position":5},"title":"Egypt\u2019s Fawry to move into micro insurance brokerage early 2020","author":"enterpriseam admin","date":"10 September 2019","format":false,"excerpt":"Fawry is planning to venture into micro insurance brokerage by early 2020, CEO Mohamed Okasha told the press, without providing much detail beyond saying the service will be provided in partnership with \u201cinsurance companies that offer this product.\u201d The Financial Regulatory Authority granted the e-payments platform a license to provide\u2026","rel":"","context":"In &quot;Banking + Finance&quot;","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/632827","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=632827"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/632827\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/632788"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=632827"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=632827"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=632827"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=632827"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=632827"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}