6 days ago
Huawei hosts Cloud Fintech Summit Egypt 2025 for boosting digital transformation - Tech
Huawei hosted its Cloud Fintech Summit Egypt 2025 in Cairo on Monday, focusing on advancing Egypt's digital transformation in the financial technology sector through secure, high-performance local cloud infrastructure.
The summit was held under the theme: 'Huawei Cloud: Becomes Egypt's Premier Fintech Partner with a Local, High-Performance Cloud."
It brought together Fintech companies, startups, and technology providers to explore ways to accelerate growth, innovation, and digitalization in the country's financial sector.
During the event, Huawei Cloud showcased its latest cloud-based solutions to support financial institutions and startups, focusing on artificial intelligence (AI), big data, database management, and cybersecurity compliance.
The company emphasized its commitment to strengthening Egypt's Fintech ecosystem by offering cloud services tailored to local needs.
Moreover, Huawei has previously supported startups in Egypt through initiatives like Flexus, a next-generation cloud computing suite launched at Cairo ICT 2024.
Flexus offers affordable deployment, scalable computing, and lightweight databases for SMEs.
Gio Feng, president of Huawei Cloud North Africa, described the event as an extension of Huawei's 25-year presence in Egypt.
'The launch of the first public cloud in Egypt and North Africa underlines our commitment to building a fully integrated technology ecosystem and raising cybersecurity standards,' he said.
Huawei Cloud is the only cloud provider in Egypt to receive Tier III certification from the National Telecommunications Regulatory Authority (NTRA), positioning it as a leader in secure, high-performance cloud services.
Meanwhile, Huawei Cloud Egypt CEO Joe Xu noted that the summit reflects Huawei's long-term vision for Egypt's digital economy.
'We are committed to being the strategic fintech partner in Egypt by delivering cutting-edge technologies, reliable infrastructure, and global expertise tailored to local needs,' he said.
'Together, we can shape a smarter, more inclusive financial future,' Xu added.
With Egypt positioning itself as a regional hub for Fintech innovation, Huawei affirmed its role as a strategic partner in driving sectoral growth through next-generation technologies and infrastructure.
Huawei currently serves more than 500 clients globally in financial services across 33 regions and 93 availability zones, supported by over 2,800 CDN nodes in more than 170 countries.
The event marks Huawei's second Fintech summit in Egypt, following the first-ever summit held alongside the launch of the Cairo Cloud Region in May 2024, the first of its kind in North Africa.
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