iScore & Egyptian Chambers of Commerce Sign Digital Partnership
The agreement backs Egypt’s data-led financial inclusion push, giving lenders and merchants authorised access to credit-critical information.
At Cairo ICT 2025, the Federation of Egyptian Chambers of Commerce (FEDCOC) and the Egyptian Credit Information Company (iScore) signed a cooperation protocol to advance financial inclusion, accelerate digital transformation, and improve credit assessment across financial and commercial sectors. The signing took place in the presence of Ahmed El‑Wakeel, Chairperson of FEDCOC, and Mohamed Karim, CEO and Managing Director of iScore.
Under the protocol, FEDCOC will provide iScore with data on protest rulings and bankruptcy registrations, which iScore will make available through its authorised platforms to financial and commercial institutions, improving information integration on merchants and counterparties for more accurate credit assessments. The protocol also supports national initiatives to improve the business environment, streamline procedures for commercial activity, and encourage greater use of data in decision‑making.
The initiative aims to facilitate access to credit, particularly for citizens and more than five million small traders, as Egypt’s e‑commerce market exceeds LE 500 billion in volume.
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