Orange Egypt has entered an exclusive partnership with انجاز | Enjaz Payment Services, one of Saudi Arabia’s largest fintech firms, to enhance financial inclusion and streamline one of Egypt’s most important remittance corridors. Through this collaboration, Egyptian expatriates in Saudi Arabia can now send funds instantly to Orange Cash wallets with zero transfer fees, along with a $10.30 (EGP 500) cashback reward for recipients. The initiative positions Orange Cash as a central player in international remittances while supporting the country’s broader digital financial ecosystem.
Ahmed El Abd, Chief Consumer Business Officer at Orange Egypt, emphasized that the partnership strengthens Egypt’s financial inclusion and digital transformation goals. By making international transfers faster, safer, and more convenient, Orange Cash encourages wider adoption of secure digital channels, helping families access funds efficiently and reliably. This move underlines the growing importance of digital wallets in connecting diasporas with their families and communities back home.
Remittances play a critical role in Egypt’s economy, contributing more than $31 billion annually, according to World Bank data. They are also vital across Africa, helping households fund education, healthcare, and daily living expenses while alleviating poverty. By reducing costs and simplifying access, Orange Cash is positioning itself as a trusted bridge for cross-border financial flows, reinforcing its commitment to inclusive and impactful digital financial services.
Bassam Al-Eidi, CEO of Enjaz, highlighted that Orange Cash already facilitates transfers from Jordan, Kuwait, the UAE, Qatar, and Oman. The addition of Saudi Arabia, the largest source of remittances to Egypt, marks a major milestone in expanding digital reach and financial accessibility. With over 33 million customers in Egypt and 142 million across Africa and the Middle East, Orange is leveraging its extensive platform to scale mobile money services and accelerate the shift toward cashless economies.
