NCR aims to boost Egypt business to EGP 1bn over next 3 years

NCR International ATM manufacturer aims to increase its business in Egypt to EGP 1bn in the next three years, according to Managing Director of NCR Corporation for the Africa Region Usama El-Sayed.

In an interview with Daily News Egypt, El-Sayed said the company’s business volume in Egypt is EGP 500m annually and has a strategy to double that figure over the next three years.

Egypt has about 8,200 ATMs, 90% of which are manufactured by NCR. He said Egypt is one of the company’s most important locations worldwide, whereby the office in Egypt is used to conduct business in five other African countries.

Tell us more about NCR, its establishment, and its activity.
NCR is an international company based in Atlanta, Georgia in the US and was founded in 1884. It has been operating in the field of information technology but recently branched out to operations related to automating transactions with clients from most sectors including banks, insurance, hotels, restaurants, airports, communications, and retail.