CAFU will expand to Egypt, expands UAE presence to Umm Al Quwain
CAFU’s launch in Egypt marks the second and largest international market entry for the company since it began operating in the UAE in 2018
The Egyptian General Petroleum Corporation signed a MoU, with the fuel on demand company, CAFU that will open its door to launching services in Egypt.
CAFU's entry into Egypt was signed at the Egypt Petroleum Show 2020, that sees the UAE based company complying with Egyptian regulations and safety standards to initiate providing fuel deliveries in the country.
Speaking about the agreement, His Excellency Tarek El Molla, Minister of Petroleum and Mineral Resources said "CAFU promises to bring new technology and know-how to the market that will positively impact the industry and its consumers, especially for those who are living in densely populated areas.”
CAFU have been making inroads locally as well, the company will now serve customers in the emirate of Umm Al Quwain, building on its existing user based in Dubai, Ajman and Sharjah.
Rashid Al Ghurair, Founder and Chief Executive Officer of CAFU added, “Our origin in the UAE has been inspired by the vision of the nation’s leadership and today’s announcement is reflective of that as we mark our entry into the African continent and expand our footprint in the UAE. We have a relentless passion for innovation excellence, and as an Emirati owned, Dubai-based technology company, CAFU is on a mission to transform how people fuel their vehicles by digitalizing their customer experience.