{"id":644778,"date":"2017-07-03T04:04:12","date_gmt":"2017-07-03T04:04:12","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/03\/fawry-planning-egp-400-mn-expansion-in-coming-18-months\/"},"modified":"2017-07-03T04:04:12","modified_gmt":"2017-07-03T04:04:12","slug":"fawry-planning-egp-400-mn-expansion-in-coming-18-months","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/03\/fawry-planning-egp-400-mn-expansion-in-coming-18-months\/","title":{"rendered":"Fawry planning EGP 400 mn expansion in coming 18 months"},"content":{"rendered":"<p>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, <a href=\"https:\/\/alborsanews.com\/2017\/07\/02\/1034759\">according to Al Borsa<\/a>. Fawry is also partnering with seven new banks to offer mobile wallet services in the near future, he added.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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 added.<\/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-644778","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking-finance","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"f9af2d03-f6d0-411a-be6d-a3d25b5c3f82","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[644744],"teaser":"","voice_url":""},"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 EGP 400 mn expansion in coming 18 months - 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\/2017\/07\/03\/fawry-planning-egp-400-mn-expansion-in-coming-18-months\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Fawry planning EGP 400 mn expansion in coming 18 months\" \/>\n<meta property=\"og:description\" content=\"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 added.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/03\/fawry-planning-egp-400-mn-expansion-in-coming-18-months\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-07-03T04:04:12+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\/2017\/07\/03\/fawry-planning-egp-400-mn-expansion-in-coming-18-months\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/03\/fawry-planning-egp-400-mn-expansion-in-coming-18-months\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Fawry planning EGP 400 mn expansion in coming 18 months\",\"datePublished\":\"2017-07-03T04:04:12+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/03\/fawry-planning-egp-400-mn-expansion-in-coming-18-months\/\"},\"wordCount\":57,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"BANKING + FINANCE\",\"EnterpriseAM\"],\"articleSection\":[\"Banking + Finance\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/03\/fawry-planning-egp-400-mn-expansion-in-coming-18-months\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/03\/fawry-planning-egp-400-mn-expansion-in-coming-18-months\/\",\"name\":\"Fawry planning EGP 400 mn expansion in coming 18 months - 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The self-financed investment will go towards improving the company\u2019s operations to meet rising demand and higher levels of financial inclusion in Egypt.","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":560391,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/25\/fawry-closes-in-on-cib-banque-misrs-stakes-in-fawry-plus\/","url_meta":{"origin":644778,"position":3},"title":"Fawry closes in on CIB + Banque Misr\u2019s stakes in Fawry Plus","author":"enterpriseam admin","date":"25 February 2021","format":false,"excerpt":"E-payment giant Fawry is on track to hold 86% of Fawry Plus Banking Services after Fawry\u2019s board of directors signed off on the company moving ahead with negotiations to acquire a 48% stake in Fawry Plus, the company said in a bourse disclosure (pdf) yesterday. 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