E& Egypt reviews its vision of the role of artificial intelligence in reshaping the banking sector and promoting digital innovation*
A&M, the leader in integrated ICT solutions, participated in the second day of the Sovereign AI Summit held on the sidelines of the Ai Everything Middle East and Africa – Egypt 2026 Summit and exhibition, during a discussion session entitled “Artificial Intelligence and the Banking Sector”.
The session included Eng. Ahmed Yahya, Chief Executive Officer of Financial Technology and Digital Applications at E& Egypt, and Ahmed Abdel-Al, CEO of Mashreq Bank Group, where they discussed the opportunities and challenges associated with artificial intelligence applications in the banking sector, and its role in accelerating digital transformation, promoting innovation, and improving the customer experience.
Discussions touched on the rapid growth of the fintech sector, especially in Africa, in light of the expansion of reliance on digital solutions, and the need to promote financial inclusion through the use of technology as a key enabling tool.
During the session, Eng. Ahmed Yahya reviewed E&Egypt's vision of the role of artificial intelligence in reshaping the technological sector, stressing that the challenge is no longer to add smart technologies as an additional service, but to integrate them within the core of operational processes and digital infrastructure. He explained that customers are looking forward to a smooth and integrated experience, which requires the unification of services in a single application that combines various financial and digital needs, supported by predictive analysis and risk management in real time, while maintaining the element of trust as the main pillar of the financial system.
Yahya added that investing in artificial intelligence should be seen as a long-term investment in building sustainable institutional capacities, not just adopting modern technologies. He pointed out that the integration of digital infrastructure, advanced data analytics, and strategic partnerships with financial institutions is what enable the provision of smarter and more proactive solutions that support growth and enhance the ability to adapt to the rapid economic changes in the region.
For his part, Ahmed Abdel-Al explained that the difference between traditional banks and financial technology companies lies at the starting point, where banks operate within strict regulatory frameworks, while financial technology companies focus on the customer experience first. He stressed that excellence today is not only related to the possession of the latest technologies, but also to the speed of implementation and the ability to continuously develop, pointing out that artificial intelligence technologies have contributed to accelerating data analysis and decision-making and significantly raising productivity, in addition to strengthening anti-fraud and data protection systems.
He pointed out that the cooperation with A&E Egypt represents a model of integration between deep banking expertise and advanced technological infrastructure, contributing to the development of innovative digital solutions that respond to the changing market requirements. He stressed that this partnership enhances the ability to provide more efficient and secure financial services, while accelerating the pace of digital transformation in line with the highest standards of compliance and regulation.
The participation of A&M Egypt in these events reflects the company's commitment to enhancing its pivotal role in enabling digital infrastructure and artificial intelligence applications, and confirms the completion of its transformation from a telecommunications operator to an integrated engine for artificial intelligence systems and digital financial services, to support the development of the digital economy in Egypt and the region.