Intelligent CIO Middle East Issue 26 | Page 19

NEWS Minister witnesses contracts signing to support research projects in ICT Agreement to develop interactive mobile payments services T he ICT Minister Yasser ElKady has witnessed the signing of contracts for research projects. These will be supported by the National Telecom Regulatory Authority (NTRA), universities, institutes and research centres. The contracts aim to support research and applied projects in universities and specialised institutes according to the needs of industry, the market and national trends in telecommunications. It also aims to enhance young people’s skills through teaching special curricula on ‘ICT regulation, laws and techniques’ and the projects to achieve the greatest possible benefit to the Egyptian telecommunications market. ElKady highlighted the state’s keenness to support scientific research, especially that related to developing the ICT industry in Egypt, with the aim of making a link between market requirements and providing the necessary technological solutions that benefit the industry and society. He also underscored the significance of launching a package of programmes that sponsor national research activities in the ICT field, establishing research centres specialising in telecommunications and developing resources that serve the telecommunications sector in general to provide modern applications in line with global developments. Mustafa Abdul Wahid, NTRA Acting Executive President, said NTRA has signed 11 MoUs to support university research projects. www.intelligentcio.com V odafone Egypt has signed a partnership agreement with ALEXBANK to support Vodafone Cash Mobile Money Transfer. This new strategic partnership aims at further developing interactive services for Vodafone customers and will contribute to providing innovative financial solutions. The agreement enables Vodafone Cash customers to enjoy a complete portfolio of financial services featuring easy, convenient, and safe payment services directly via their mobile phone, through the MasterCard network. The agreement was signed by Stefano Gastaut, Vodafone Egypt CEO, and Dante Campioni, Managing Director and CEO of ALEXBANK. Karim Shehata, Vodafone Egypt Consumer Sales Director, stated that this new partnership with ALEXBANK is an imperative step towards the development of a mobile e-payments system in Egypt. “It marks an important move towards a substantial increase in the use of mobile payment services in Egypt, anywhere and at any time, even during vacations and official holidays,” he said. “Customers can also deposit or withdraw cash from ATMs after receiving required monetary approval.” Shehata highlighted that the ease of ‘Vodafone Cash’ e-wallets represents a successful technological model that works to fulfil customers’ needs and facilitate their daily lives. “Such partnerships will work to transform Egypt into a cashless community,” he stressed. n INTELLIGENTCIO 19