Al Ahli Bank of Kuwait - Egypt and Mastercard announce strategic collaboration to advance digital innovation in Egypt
Al Ahli Bank of Kuwait - Egypt and Mastercard announced a strategic collaboration aimed at enhancing advanced digital payment solutions for individuals and businesses. This partnership reinforces Mastercard’s role as a trusted advisor to the bank and contributes to the development of the digital solutions offered by Al Ahli Bank of Kuwait - Egypt
to its cardholders in Egypt.
As part of this collaboration, Mastercard will provide Al Ahli Bank of Kuwait - Egypt with a suite of advanced digital solutions to streamline payment processes and enhance security, enabling consumers and businesses to conduct their financial transactions with ease.
Khaled El Salawy, CEO and Managing Director of Al Ahli Bank of Kuwait - Egypt , commented on the collaboration, saying, “We are delighted to partner with Mastercard, our trusted partner in the bank’s digital transformation journey. This partnership allows us to expand our services to meet the needs of diverse segments of society, offering innovative solutions that ensure a seamless and secure banking experience and support Egypt’s vision of transitioning to a cashless society.”
Eman El-Essawy, Head of Retail Banking at Al Ahli Bank of Kuwait – Egypt, said: “Our customers will directly benefit from the new digital capabilities and added value offered by this collaboration with Mastercard, ensuring a safer and more convenient banking experience. This partnership will also strengthen the bank’s position in a highly competitive market.”
Mohamed Assem, General Manager of Mastercard for Egypt, Iraq, and Lebanon, stated: “We are proud of our joint efforts with Al Ahli Bank of Kuwait – Egypt in enhancing access to secure digital financial solutions. Mastercard is committed to empowering its partners through trusted technologies that support sustainable growth in Egypt’s digital economy.”
Both Al Ahli Bank of Kuwait – Egypt and Mastercard are firmly committed to fostering innovation and driving financial inclusion across Egypt, reflecting the role of this strategic collaboration in building an inclusive payments system that drives societal development.