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Al-Ahram Weekly
4 days ago
- Business
- Al-Ahram Weekly
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. Follow us on: Facebook Instagram Whatsapp Short link:
Zawya
5 days ago
- Business
- Zawya
Huawei hosts Cloud Fintech Summit 2025
Cairo, Egypt— Huawei hosted 'Huawei Cloud Fintech Summit Egypt 2025', to accelerate digital transformation and fintech innovation across Egypt. Held under the theme 'Huawei Cloud: Becomes Egypt's Premier Fintech Partner with a Local, High-Performance Cloud,' the summit reinforces Huawei Cloud's commitment to delivering advanced, secure, and locally optimized cloud solutions tailored for the Fintech sector. 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.
