Egypt

Nile Petroleum, NBE Sign Cooperation Protocol

Published on : 2023-12-31

Nile Petroleum Marketing Company has signed a cooperation protocol with the National Bank of Egypt (NBE) to enhance cooperation in digital transformation, financial inclusion, and the automation of financial transactions between different sectors, and the electronic point of sale service at all the company’s stations.

The protocol was signed by Ahmed Eid, Nile Petroleum Marketing Company’s Chairman, and Haitham Zaki, Head of the Services and Merchant Sales Sector at the National Bank of Egypt.

The signed protocol allows the cash away service to be provided at the Nile Petroleum Marketing Company’s stations to ensure the availability of withdrawing money, salaries and pensions from various points at all stations to serve citizens, to facilitate their access to branches or ATMs.

This comes within the framework of the Nile Petroleum Marketing Company’s interest in diversifying the services provided to customers through its affiliated stations, which keep pace with their needs in light of the petroleum sector’s strategy to develop service stations and refuel cars and enhance the competitiveness of state-owned marketing and distribution companies.

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