ABU DHABI (ALETIHAD)
MBME Group, an Emirati fintech company listed on the growth market of Abu Dhabi Securities Exchange (ADX), has chalked out plans to expand its footprint in the Middle East and Africa (MEA) region in collaboration with WAVZ, a prominent business solutions and digital services provider, based in Egypt.
The Group has signed a Memorandum of Understanding (MoU) with WAVZ in Abu Dhabi. The MoU was signed by MBME Group’s MD and Group CEO Abdelhadi Mohamed, and WAVZ’s CEO Amr Esmat, in the presence of Saeed Al Badi Al Dhaheri, Vice Chairman of MBME Group
The partnership aims to offer transformative technology solutions jointly to businesses and governments across the Middle East and Africa (MEA) region. It seeks to harness the complementary expertise of both companies to meet the growing demand for innovative and scalable solutions. The collaboration will emphasize key areas, such as enhancing the banking sector through secure payment systems, seamless digital banking solutions, improved customer engagement tools, effective risk and compliance solutions, and advanced eLearning platforms to support employee development and organizational growth.
Together, MBME Group and WAVZ will co-develop, market, and implement a comprehensive suite of solutions that drive operational efficiency, customer satisfaction, and business growth.
Abdelhadi Mohamed said, “The expertise brought by WAVZ complements MBME Group’s capabilities, and together, we aspire to elevate the standards in secure payments and digital transformation.”
Echoing this sentiment, Amr Esmat said, “By combining our expertise and leveraging our collective strengths, we will deliver innovative solutions that create substantial value for businesses, governments, and end-users within the region.”