In a move that underscores Huawei Cloud’s commitment to supporting the next generation of digital investment platforms, Huawei Cloud has signed a Memorandum of Understanding (MoU) with Thndr, one of Egypt’s leading digital investment platforms. The agreement was signed on the sidelines of the Huawei Cloud FinTech Summit 2026, with the aim of strengthening collaboration in the fintech sector and fostering digital innovation through cloud computing, artificial intelligence, and secure digital infrastructure solutions.
The MoU was signed by Joe Xu, CEO of Huawei Cloud Egypt, and Ahmed Hammouda, Co-Founder and CEO of Thndr, in the presence of senior leaders from the financial and technology sectors, as well as strategic partners participating in the summit.
Innovation Initiatives
Under this partnership, Huawei Cloud and Thndr will collaborate on launching a range of innovation initiatives powered by cloud computing and artificial intelligence technologies. These initiatives aim to enhance operational efficiency, improve system resilience, and deliver smarter, more seamless, and secure services that meet evolving user expectations and elevate the quality of digital financial services.
The collaboration also supports the rapid growth of Egypt’s fintech ecosystem and contributes to building a more innovative and sustainable foundation for the sector.
Supporting Digital Transformation
The agreement reflects Huawei Cloud’s ongoing commitment to advancing the digital transformation of Egypt’s financial sector through its integrated cloud infrastructure, which combines computing, storage, and networking capabilities with deep hardware-software integration. This enables financial institutions to benefit from high levels of performance, reliability, and scalability.
Huawei Cloud also continues to develop an advanced financial AI platform that supports a broad range of models and applications, empowering institutions to accelerate the adoption of intelligent financial services and strengthen their innovation capabilities.
Driving Innovation in Financial Services
Commenting on the partnership, Joe Xu, CEO of Huawei Cloud Egypt, said: “Since launching Huawei’s first public cloud in Egypt in 2024, we have built a strong foundation focused on enabling organizations with secure and flexible cloud services that support innovation and accelerate digital transformation. Since then, we have achieved a series of milestones in empowering Egypt’s fintech sector.”
He added: “Today, we are adding a new chapter to this success through our collaboration with Thndr. Together, we are delivering advanced cloud computing and AI solutions that enhance the efficiency of digital financial services and enable institutions to create smarter and more agile customer experiences. This partnership reflects our vision of supporting the financial sector’s transition toward the next generation of intelligent financial services and strengthening its competitiveness in a rapidly evolving market.”
Making Investing More Accessible
Ahmed Hammouda, Co-Founder and CEO of Thndr, said: “At Thndr, our mission is to make investing more accessible, simple, and inclusive for millions of individuals across Egypt and the region. Achieving this mission requires not only innovation in financial services but also a robust technology infrastructure capable of supporting growth, enhancing resilience and security, and delivering an exceptional customer experience. We are excited to deepen our collaboration with Huawei Cloud as we continue to scale our platform and leverage the opportunities enabled by cloud computing and artificial intelligence technologies.”