Huawei hosts Cloud Fintech Summit 2025
During the summit, Huawei cloud showcased the latest innovations for the Fintech industry, a particular focus on end-to-end cloud services tailored for fintech companies in Egypt. By bringing together fintech companies, startups, and technology partners, the summit has become a central platform for cloud-based innovation, strategic dialogue, and ecosystem collaboration. It underscored the increasing role of cloud technology in accelerating Egypt's fintech landscape and highlighted Huawei's ongoing support to the country's Fintech industry.
The summit served as a platform for global knowledge sharing, with notable contributions from key players. It highlighted the value proposition of HUAWEI CLOUD as the ideal partner for Fintech companies in Egypt. With its deep expertise and innovative solutions in security compliance, AI & big data, and database management, HUAWEI CLOUD Egypt is the only cloud provider to have achieved the NTRA Tier III certification.
President of Huawei Cloud Northern Africa Cloud, Gio Feng delivered a welcome speech, stressing that on the occasion of the 25th anniversary of Huawei's in Egypt, HUAWEI CLOUD has established the first public cloud region in the Northern Africa region, focusing on technological innovation, ecosystem construction, and security compliance, and enabling Egypt's Fintech vision with global experience and local commitment.
Jo Xu, CEO of Huawei Cloud Egypt said, 'At Huawei Cloud, we believe the future of fintech is cloud-native, intelligent, and collaborative. This summit is a testament to our vision of delivering localized, high-performance cloud solutions that empower Fintech institutions to innovate securely and at scale. With cybersecurity at the heart of everything we build, we are committed to providing trusted, compliant cloud infrastructure that meets the evolving security needs of the financial industry specially with the cybersecurity accreditation certificate that we received from the National Telecom Regulatory Authority (NTRA), ensuring world-class compliance and security for all our partners. Egypt is poised to become a regional fintech powerhouse, and we are proud to contribute to this transformation.'
He added, 'The Huawei Cloud Fintech Summit Egypt 2025 marks a new chapter in our journey to support Egypt's digital economy. With 37 years of global ICT experience, Huawei Cloud now serves over 500 financial customers across banking, insurance, securities, and fintech. Our infrastructure spans 33 regions, 93 availability zones, over 2,800 CDN nodes, and more than 170 countries and regions. We are committed to being Egypt's strategic fintech partner by offering cutting-edge technologies, trusted infrastructure, and global expertise tailored to local needs. Together, we can shape a smarter, more inclusive financial future.'
As Egypt continues to emerge as a regional fintech powerhouse, Huawei remains a steadfast partner—driving growth through localized infrastructure, strategic collaborations, and globally proven, next-generation technology solutions.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Zawya
2 hours ago
- Zawya
BENEFIT partners with General Assembly to empower national tech talent
BENEFIT, the Kingdom's innovator and leading company in Fintech and electronic financial transactions service, has signed a Memorandum of Understanding (MoU) with General Assembly Bahrain, marking a strategic partnership to support the development of national talent and empower their capabilities within the tech sector. The signing ceremony took place at the Bahrain Institute of Banking and Finance (BIBF). The MoU outlines BENEFIT's access to the General Assembly's pool of trained professionals for recruitment purposes. With the ability to share job openings to facilitate candidate matching. The agreement further encompasses the implementation of specialized training programs, including a range of upskilling and reskilling options such as Career development, accelerators, part-time courses, and bootcamps in tech disciplines. Furthermore, the agreement includes cooperation in organizing joint events and meetings, participation in career fairs, and opportunities for representatives from both organizations to contribute as guest speakers at relevant events. It also highlights plans for UX Design Capstone Collaborations, as well as joint efforts in the areas of marketing. Commenting on the occasion, Reyadh Almearaj, Chief Information Officer -BENEFIT stated: 'We are pleased to formalize this partnership with General Assembly, as it supports our commitment to developing human capital, which is essential to institutional growth and excellence. This collaboration aims to strengthen the link between training and employment in the tech sector, and we were keen to pursue this cooperation to equip our technical teams with advanced skills and expertise.' Mr. Almearaj further added: 'This collaboration allows us to leverage General Assembly's well-established training programs and technical expertise, while creating meaningful job opportunities and practical learning experiences within a modern, innovation-driven environment. We remain firmly committed to nurturing national talent and look forward to introducing further initiatives that support skills development in one of the most vital sectors shaping the future.' Ms. Ahlam Oun, Director of General Assembly, stated: 'We are proud to sign this MoU with a distinguished institution like BENEFIT. This partnership represents a tangible model for aligning training with employment by providing trainees with the opportunity to apply their skills in a real-world professional environment. It also paves the way for joint efforts to enhance the technical capabilities of BENEFIT's workforce, ensuring they remain equipped with the latest knowledge and tools required to support the company's digital transformation and sustained growth.' Aisha Buhiji Administrator, PR & Corporate Communication ayshab@ The Benefit Company B.S.C (C) P.O Box 2546, Seef District, Kingdom of Bahrain
Arabian Post
a day ago
- Arabian Post
China's AI Diplomacy in the Age of U.S. Unilateralism
Dr Imran Khalid On July 26, 2025, amid the grandeur of Shanghai's World Artificial Intelligence Conference and High-Level Meeting on AI Governance, China unveiled what may well become the defining moment in the transformation of global artificial intelligence – its AI Global Governance Action Plan and the bold proposal to create a World Artificial Intelligence Cooperation Organization, initially headquartered in Shanghai. These moves signal not just China's confidence, but its willingness to steer AI toward a future grounded in consultation, joint construction, and shared benefit, especially for countries of the Global South. As Premier Li Qiang delivered the opening address, he framed the current state of AI governance as 'fragmented,' with wide differences in regulatory approaches and institutional frameworks across nations. China's proposal to launch a centralized body reflects not hubris, but pragmatism: a conviction that to manage AI's accelerating capabilities responsibly, the world needs a broad consensus and unified standards, not a patchwork of regional rules. ADVERTISEMENT Premier Li's critique of 'technological monopolies' and a system in which AI becomes 'an exclusive game for a few countries and companies' extends a direct but tactful rebuke of unilateral AI dominance. China positions itself as the antidote, offering openness and inclusion rather than exclusion. Chinese-made AI systems are not theoretical constructs – they are delivering tangible benefits across the world. In Myanmar, Japan, and Brazil, Chinese AI is already contributing new momentum in agriculture, education, and cultural exchange. From precision farming techniques in Myanmar to AI-driven digital classrooms in Brazil and health‑monitoring systems in neighboring Japan, Chinese AI is showing that smart technology can uplift societies in practical, meaningful ways. While detailed reporting on these deployments remains limited in number of articles, it is widely reported that these partnerships align with China's Global Development Initiative and global South solidarity strategy, embedding Chinese AI not as a tool of influence, but as an enabler of local development. Parallel to its global outreach, China is doubling down on its domestic AI ecosystem. In response to escalating U.S. export controls on advanced Nvidia chipsets, local industry has mobilized: alliances like the Model‑Chip Ecosystem Innovation Alliance and Shanghai's AI Committee were formed to integrate chips, LLM developers, and industry partners including Huawei, Biren, Metax, SenseTime, and more. Huawei's unveiling of its CloudMatrix 384 system, with 384 proprietary 910C chips and milestone‑beating performance in key benchmarks, signals that China is rapidly closing the gap with, or in some metrics even overtaking, U.S. AI powerhouses. Tencent's Hunyuan3D World Model, Baidu's 'digital human' livestreaming avatars, and Alibaba's Quark AI Glasses further demonstrate the creative breadth and commercialization readiness of Chinese AI innovation. The newly proposed World AI Cooperation Organization is not just symbolic – it embodies China's 13‑point AI strategy, which emphasizes open‑source ecosystems, UN‑led dialogue channels, safety frameworks, and equitable access, especially for developing countries. ADVERTISEMENT China explicitly states that it is prepared to discuss arrangements with countries willing to join, inviting over 40 nations and organizations to participate in WAIC‑2025, including delegations from South Africa, Germany, Qatar, Russia, and South Korea. This indicates genuine openness, not coercion. By tentatively proposing Shanghai as headquarters, China is seeking to leverage the city's AI infrastructure and cosmopolitan character as an international hub for coordination and innovation, making the organization genuinely global in both form and function. To counter criticisms that Chinese AI lacks transparency or fosters censorship, Beijing has doubled down on open-source AI licensing models, with companies like DeepSeek and Alibaba releasing large language models for global use. This step has drawn both acclaim and concern – but it undeniably reflects an intent to democratize AI, not hoard it behind walls. At WAIC, Premier Li underscored China's desire to offer 'more Chinese solutions' and 'more Chinese wisdom' to the international community – words meant not to signal technological nationalism, but a global public good orientation. China continues to lead in deployment scale, from smart cities to digital education platforms, giving it a practical edge in shaping AI use cases worldwide. Unlike models centered on competition or coercion, China's emphasis on consultative multilateralism invites countries to participate rather than passively accept dictated rules. The proposed organization's focus on the Global South signals a willingness to ensure that AI development benefits those often left behind in digital transformation. And as Western nations use tech controls and export restrictions to limit Chinese advancement, China is answering with self-reliance and cooperation, not retreat or isolation. Of course, organizing a truly global AI governance body will require surmounting skepticism – about data privacy, algorithmic bias, political neutrality, and transparency. Critics warn that state-directed AI can embed internal ideology or censorship into exported models. The U.S. editorial press highlighted concerns about political alignment in Chinese models – even calling for caution in their deployment overseas. Yet China's willingness to open source key models and invite broad membership gives the proposed organization an advantage: accountability through participation, rather than distrust through exclusion. The test lies in execution: whether the organization remains inclusive and respects local governance norms or becomes a tool for geopolitical leverage. But China's current posture – promoting broad participation, offering development cooperation, and pushing for open‑source access – marks a meaningful departure from tech monopolism and signals a constructive path forward. At a crossroads between fragmented regulatory silos and a competitive rush toward monopolistic dominance, the global community needs a bridge. China's AI Global Governance Action Plan and its proposed World AI Cooperation Organization offer precisely that: a new global architecture grounded in consultation, shared values, and equitable access. The question now is whether other nations will rise to the moment, engage in building a governance framework that truly reflects global consensus, and deliver AI development that benefits not just a handful of powerful economies, but humanity as a whole. If realized in good faith and with transparency, China has the opportunity to redefine global AI governance – not as a race for dominance, but as a cooperative journey toward shared prosperity. What Beijing has laid out in Shanghai is not just policy – it is an invitation. The world will decide whether to join. Also published on Medium. Notice an issue? Arabian Post strives to deliver the most accurate and reliable information to its readers. If you believe you have identified an error or inconsistency in this article, please don't hesitate to contact our editorial team at editor[at]thearabianpost[dot]com. We are committed to promptly addressing any concerns and ensuring the highest level of journalistic integrity.
Zawya
2 days ago
- Zawya
AEON Bank and foodpanda Embark on a Strategic Partnership to Drive Growth and Create Value for Customers, Riders and Merchants
KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 1 August 2025 - AEON Bank (M) Berhad, Malaysia's first Islamic digital bank has officially entered into a strategic partnership with foodpanda Malaysia, the country's leading online food and grocery delivery platform. This business-to-business (B2B) collaboration aims to increase digital banking adoption among their combined stakeholders and empower Malaysia's gig economy through innovative fintech solutions, while simultaneously promoting financial inclusion. The Memorandum of Understanding (MoU) between AEON Bank and foodpanda Malaysia outlines a broad scope of collaboration, including customer acquisition, digital financing, joint campaigns and value-added services for their wider ecosystem of customers, riders, merchants and business partners. YM Raja Datin Paduka Teh Maimunah Raja Abdul Aziz, Chief Executive Officer of AEON Bank stated, 'This strategic partnership with foodpanda marks the beginning of an exciting chapter for AEON Bank. We look forward to providing value to foodpanda riders and merchants by enabling access to digital banking, rewards programmes and services that elevate their experience. By optimising foodpanda's expansive network and connecting it with AEON Bank's Shariah-compliant products and AEON Points loyalty programme, we aim to deliver meaningful impacts to the target segments — particularly gig workers and MSMEs — while driving growth and engagement.' This partnership is strategically positioned to contribute to Malaysia's rapidly growing food delivery and online grocery sector, where user penetration is expected to reach 34.2% in 2025 and over 14.5 million users by 2030 . ' We are thrilled to join forces with AEON Bank to create real, tangible benefits for everyone in the foodpanda community. For our riders, this partnership goes beyond deliveries — it enables access to tech-driven financial support, microfinancing and financial literacy programmes that can improve their livelihoods. Meanwhile, our merchant partners will have greater opportunities to grow their businesses faster with targeted campaigns and financing solutions to scale their operations. And for our customers, they can expect more value and convenience with exclusive rewards and easier access to AEON's retail ecosystem. This partnership is more than just a commercial collaboration — it's about empowering riders, accelerating merchant growth and making every customer experience even more rewarding,' said Tan Ming Luk, Managing Director of foodpanda Malaysia. Various key programmes will be introduced as part of this collaboration, including co-branding engagement featuring the two mascots; AEON Bank's Neko and foodpanda's Pau-Pau. Several initiatives currently in the pipeline are: For Riders A joint programme to support delivery riders in enhancing their mobility and livelihood, including access to AEON Bank's digital banking offering, financial tools and essential work resources, such as microfinancing for devices and motorcycle purchases Financial literacy initiative to expand outreach and financial empowerment among the riders For Merchant Partners Targeted campaigns with AEON Bank for foodpanda's merchants Financial solutions for merchants through the AEON Bank to Business (AB2B) Programme and financing for wholesale purchases, enabling inventory expansion and business growth For Customers Special rewards and promotions for customers, while adding value to their foodpanda orders Expanded access across the AEON retail ecosystem, hence allowing customers to purchase groceries online beyond just AEON MaxValu Prime, thereby increasing convenience. This alliance between AEON Bank and foodpanda Malaysia highlights a shared commitment towards improving the financial well being of the thriving community, driving innovation and supporting Malaysia's socioeconomic development through digital inclusion. Both brands will leverage each other's strength, aligned with a strategic mission to provide value based, customer-centric digital financial solutions that will deliver dynamic growth. Visit the website of AEON Bank and foodpanda for further details and stay updated on exclusive offers on social media. Hashtag: #AEONBank #foodpandaMalaysia #DigitalBanking #IslamicDigitalBank #ShariahCompliant #FinancialInclusion #IslamicFintech TikTok: The issuer is solely responsible for the content of this announcement. About AEON Bank (M) Berhad AEON Bank (M) Berhad is Malaysia's first Islamic digital bank, licensed and regulated by Bank Negara Malaysia and the Ministry of Finance. Officially launched on 26 May 2024, we currently offer a suite of Shariah-compliant Personal Banking solutions, such as deposit Savings Account-i, AEON Bank x Visa Debit Card-i, Personal Financing-i, Term Deposit-i, Savings Pots, budgeting tools and a range of digital payment services with strategic partners and merchants, including DuitNow QR, utility bill payments, as well as Neko Missions - Malaysia's first digital banking interactive rewards programme. In 2025, AEON Bank Biz would also be introduced for local entrepreneurs and MSMEs. Being part of the AEON Group conglomerate, AEON Bank (M) Berhad is equally held by AEON Financial Service Co. Ltd. (AFS Japan) and AEON Credit Service (M) Berhad (ACSM). AFS Japan is a comprehensive financial group with roots in the retail sector which operates in Japan and 10 countries across Asia and it is responsible for the AEON Group's financial services business. AEON Group is a pure holding company that comprises eight core businesses and it has continuously been generating balanced growth and is Japan's largest retail group. AEON Group Malaysia consists of several entities, namely, AEON Co. (M) Bhd, AEON Credit Service (M) Berhad, AEON Bank (M) Berhad, AEON BiG (M) Sdn Bhd, AEON Fantasy (M) Sdn Bhd, AEON Delight (M) Sdn Bhd, AEON Global Supply Chain Sdn Bhd and Malaysian AEON Foundation (MAF). AEON Group has been a recognizable household brand with more than 200 years of history and evolution in Japan since the Edo era, along with 4 decades of growth in Malaysia, providing consumers with daily financial solutions and diversified retail convenience. Our cloud native agility and AI optimisation, combined with the strength of our Shariah DNA, Malaysian roots and Japanese heritage are our distinguishing factors, while the integration with the AEON ecosystem gives us a competitive advantage of being the only bank in Malaysia with its own nationwide retail network. On top of that, AEON Points loyalty programme offers customers value-added benefits and meaningful rewards, as the AEON Points can be redeemed into cash value, deposited directly into customers' AEON Bank Savings Account-i. AEON Bank (M) Berhad is committed to provide accessible financial solutions for Malaysians. We aim to empower the community in pursuing their financial aspirations and achieve economic independence, hence fostering a more inclusive financial future for all. We will continue to create smiles, connect hearts, as well as contribute towards the Islamic banking development in the region and the nation's fintech digital economy. foodpanda Malaysia foodpanda is a leading on-demand delivery platform in Asia dedicated to bringing consumers a wide range of food, groceries and more, quickly and conveniently. Powered by technology and operational excellence, foodpanda is spearheading the growth of quick-commerce (q-commerce) across the region with its network of retail partners, as well as pandamart cloud stores to provide more on-demand options beyond the millions of food delivery options. foodpanda operates across 10 markets in Asia Pacific - Singapore, Hong Kong, Malaysia, Pakistan, Taiwan, Philippines, Bangladesh, Laos, Cambodia and Myanmar. foodpanda is a subsidiary of Delivery Hero, a global leader of the food delivery industry. For more information, visit AEON Bank (M) Berhad
