Arab Finance: The Smart Village Real Estate Investment Company (SVREICO) has sealed an agreement with Fawry for Banking Technology and Electronic Payment, providing Fawry with additional space and more upgraded infrastructure at SVREICO’s administrative building, as per an emailed press release sent to Arab Finance.

Under the new agreement, Fawry will own 80% of SVREICO’s administrative building to enhance the infrastructure that facilitates the expansion of digital payment services.

In addition, this expansion contributes to fostering Fawry’s commercial and administrative functions and allows it to be granted the right to use the server facility space and expand its infrastructure.

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