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EI Finance commits to cloud services
E-Finance for Financial and Digital Investments signed a memorandum of understanding with Alibaba Cloud and Nuvexa aimed at expanding the local cloud computing platform in Egypt. The collaboration seeks to provide advanced and secure cloud computing services to Egyptian companies through infrastructure hosted within Egypt, thereby enhancing their capabilities to manage data and applications locally. The initiative includes supporting various sectors such as small and medium-sized enterprises, agriculture, and digital commerce, with a focus on enabling organizations to benefit from artificial intelligence technologies and cloud computing while achieving regulatory compliance. This is part of a strategic effort to promote digital transformation and empower the Egyptian economy.
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