Latest news with #NationalPostalAuthority
See - Sada Elbalad
4 days ago
- Business
- See - Sada Elbalad
Egyptian FM Praises Egyptian Community in Senegal for Strengthening Bilateral Ties
Taarek Refaat Egypt's Minister of Foreign Affairs and Immigration, Badr Abdel Aaty, lauded the Egyptian community in Senegal on Friday for their vital role in deepening ties between the two nations and for their active contributions to Senegalese society across various sectors. Speaking during a meeting with members of the Egyptian diaspora in Dakar as part of his official visit to the West African nation, Abdel Aaty commended the community's efforts in fostering bilateral cooperation and enhancing Egypt's presence in the region. The minister highlighted Egypt's ongoing commitment to modernizing its consular services and embracing digital transformation. He revealed that the Ministry of Foreign Affairs and Immigration is currently upgrading the technological infrastructure in embassies and consulates, aiming to deliver more efficient, user-friendly services through advanced online platforms. As part of these efforts, Abdel Aaty announced the launch of a new mechanism to accelerate the issuance of computerized birth certificates and highlighted a cooperation protocol recently signed with the National Postal Authority. The agreement aims to decentralize document authentication services by offering them through local post offices, especially in underserved and remote areas, to reduce congestion and simplify procedures. The minister also presented several initiatives the Egyptian government has introduced to support its expatriate population. These include the "Import Your Car" initiative, the military service settlement program, and the 'Your Home in Egypt' project in cooperation with the Ministry of Housing, which allocates ready-to-move-in residential units to Egyptians living abroad. Additionally, he underscored the ongoing collaboration with the Central Bank of Egypt to help expats open domestic bank accounts, thereby broadening their access to investment and financial services within their homeland. Abdel Aaty reiterated the ministry's dedication to maintaining open communication with Egyptian communities around the world. He confirmed that preparations are underway for the sixth edition of the Egyptians Abroad Conference, scheduled for August 3–4, 2025. The event will serve as a key platform for dialogue between diaspora members and senior Egyptian officials. 'This conference is essential in shaping policies that reflect the aspirations of Egyptians living overseas,' he said, emphasizing the importance of incorporating their perspectives into national development strategies. During the meeting, the minister welcomed questions and suggestions from community members, assuring them that the ministry is attentive to the challenges they face and is working closely with relevant authorities to address them. read more Gold prices rise, 21 Karat at EGP 3685 NATO's Role in Israeli-Palestinian Conflict US Expresses 'Strong Opposition' to New Turkish Military Operation in Syria Shoukry Meets Director-General of FAO Lavrov: confrontation bet. nuclear powers must be avoided News Iran Summons French Ambassador over Foreign Minister Remarks News Aboul Gheit Condemns Israeli Escalation in West Bank News Greek PM: Athens Plays Key Role in Improving Energy Security in Region News One Person Injured in Explosion at Ukrainian Embassy in Madrid News Israeli-Linked Hadassah Clinic in Moscow Treats Wounded Iranian IRGC Fighters Arts & Culture "Jurassic World Rebirth" Gets Streaming Date News China Launches Largest Ever Aircraft Carrier Videos & Features Tragedy Overshadows MC Alger Championship Celebration: One Fan Dead, 11 Injured After Stadium Fall Lifestyle Get to Know 2025 Eid Al Adha Prayer Times in Egypt Arts & Culture South Korean Actress Kang Seo-ha Dies at 31 after Cancer Battle Business Egyptian Pound Undervalued by 30%, Says Goldman Sachs Sports Get to Know 2025 WWE Evolution Results News "Tensions Escalate: Iran Probes Allegations of Indian Tech Collaboration with Israeli Intelligence" News Flights suspended at Port Sudan Airport after Drone Attacks
Daily News Egypt
18-05-2025
- Business
- Daily News Egypt
Egypt's AL Ahly Momken, Post Distribution sign pact to expand financial inclusion
AL Ahly Momken, an Egyptian electronic payment solutions and financial technology company, has signed a strategic cooperation agreement with Post Distribution CO-PDC, a subsidiary of the National Postal Authority specialised in franchise branch management, to expand financial inclusion and digital transformation across Egypt's governorates. The collaboration is aimed at establishing and operating a new network of branches to provide integrated financial and digital solutions. This initiative supports state efforts to achieve financial inclusion and digital transformation, and is intended to contribute to the delivery of high-quality financial services to citizens and businesses. The agreement was signed by Ahmed Enayet, CEO and Managing Director of AL Ahly Momken, and Ahmed Faiz, Managing Director of Post Distribution CO-PDC. The signing ceremony was attended by Ahmed Ghazy, Deputy CEO and Chief Commercial Officer of AL Ahly Momken, along with Hady Ayad, Head of Retail and Strategic Partnerships, Essam Abdel Fattah, Head of Legal Affairs, Ahmed Abdel Aziz, Head of Financial Affairs, and Ahmed Farid, Senior Manager of the Retail Department at Post Distribution CO-PDC. Ahmed Enayet stated that the partnership aligns with AL Ahly Momken's strategy to support Egypt's Vision 2030 for sustainable development and to promote financial inclusion by expanding digital services to all areas, including remote and underserved regions lacking access to traditional financial services. 'We are proud to collaborate with Post Distribution CO-PDC, which brings extensive experience in managing branches and service units under the franchise model nationwide,' Enayet said. 'This enables us to deliver outstanding services that meet customer needs efficiently and seamlessly.' Ahmed Ghazy explained that the first phase of the collaboration will involve launching two new branches in Cairo and Port Said, with plans for gradual expansion across all governorates. He added that more branches may be opened in densely populated areas with increasing demand for services. Ghazy pointed out that the new branches will offer a comprehensive package of services, including the opening of e-wallets, Know Your Customer (KYC) services, and collection of payments for individuals and companies, in addition to many other non-banking services, all within a fully secure digital environment. For Post Distribution CO-PDC, Ahmed Faiz emphasised that this partnership complements the company's ongoing efforts to support Egypt's service infrastructure. He noted that Post Distribution CO-PDC has more than 15 years of experience in establishing, operating, and managing branches under the franchise model nationwide, supported by a strong operational network and advanced logistical infrastructure covering various governorates. 'We are proud of this partnership, which reflects the trust of leading institutions in the capabilities of Post Distribution CO-PDC,' Faiz said. 'We will manage and operate the new branches according to the highest standards of efficiency and quality, ensuring an exceptional customer experience that supports the state's goal of delivering services to all regions, including villages and remote centres.' Faiz further highlighted that Post Distribution CO-PDC is distinguished by its wide geographical presence and its ability to rapidly expand through branch establishment and recruitment of qualified personnel, factors he believes will enhance the success of the joint project with AL Ahly Momken. He concluded: 'We are committed to providing a comprehensive and exceptional service experience to customers, supporting the state's vision of building a modern and inclusive digital economy, and reinforcing Egypt's position as a regional hub for financial and technological innovation.'
