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Sisi: Egypt Keen to Promote Cooperation with Visa Inc.

Source: www.export-egypt.com 5/17/2017, Location: Africa

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President Abdel Fattah El Sisi said that Egypt is looking forward to promoting cooperation with Visa Inc. as a leading global company working in advanced banking services.

The president's remarks were made on the sidelines of his meeting with Visa President Ryan McInerney in the presence of Minister of Communications Yasser el Kady, presidential spokesman Alaa Youssef said.

Sisi reviewed the government's economic reforms and its endeavors to develop the state's various sectors, including the financial services in accordance with the latest global technology, Youssef added.

Egypt seeks to be a leading country in the field of digital payments, Sisi said, noting that Cairo is looking forward to launching a new phase of financial inclusion for citizens.

The financial inclusion will help slash non-official economy and make use of information technology in order to make sure that subsidy is delivered to those who deserve it.

Meanwhile, McInerney lauded the efforts exerted by Cairo to reform economy, improve the business climate and lure more investments to the country.

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