Egypt signs deal with Visa to develop infrastructure for financial transactions

Egypt’s Minister of Telecommunication and Information Technology Yasser El-Kadi and president of Visa International Ryan McInerney signed an agreement of cooperation in Cairo on Tuesday to implement a project to develop infrastructure in the country for financial transactions, Al-Ahram Arabic new website reported.

Prime Minister Sherif Ismail attended the signing of the agreement at the cabinet headquarters in Cairo.

McInerney also met with Egypt’s President Abdel-Fattah El-Sisi on Tuesday, where he told the leader that his company would continue to cooperate with the Egyptian government to increase the efficiency of the e-government payment programmes.