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2026-11-08T12:02:03.000Z

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eFinance $100M Infra Push

eFinance $100M Infra Push

The eFinance Group plans to invest between $80 million and $100 million over the next two years to expand digital infrastructure and develop fintech solutions. Speaking at the PAFIX 2026 conference, Ibrahim Sarhan announced that the government plans to make sites available next month for the construction of five to seven large data centers to support artificial intelligence and data processing. He noted that the number of Meeza cards has risen to 18 million, up from around 3 million when the system was launched, and stressed the importance of strengthening cybersecurity as digital banking services expand.

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