Tech Botim owner plans buyouts in Egypt and India By Pramod Kumar September 17, 2023, 5:46 AM WAM Botim will become the 'largest' financial platform in the country in the next year, said CEO Abdallah Abu Sheikh UAE technology firm AstraTech plans to expand across India, Pakistan and Egypt as part of its strategy to expand into international markets. “Last month, we acquired a banking company in the Philippines as part of our global expansion, and now we are looking at the Indian, Pakistani, and Egyptian markets,” Abdallah Abu Sheikh, founder of AstraTech and CEO of Botim platform, told state-run WAM news agency. He confirmed acquisitions in financial technology and social communication companies outside the UAE in the first quarter of 2024. However, Abu Sheikh ruled out the need for a new financing round. Botim, which was founded in 2018 and also has its headquarters in Dubai, is a VoIP (voice over internet protocol). Register now: It’s easy and free AGBI registered members can access even more of our unique analysis and perspective on business and economics in the Middle East. Why sign uP Exclusive weekly email from our editor-in-chief Personalised weekly emails for your preferred industry sectors Read and download our insight packed white papers Access to our mobile app Prioritised access to live events Register for free Already registered? Sign in I’ll register later Register now: It’s easy and free AGBI registered members can access even more of our unique analysis and perspective on business and economics in the Middle East. Why sign uP Exclusive weekly email from our editor-in-chief Personalised weekly emails for your preferred industry sectors Read and download our insight packed white papers Access to our mobile app Prioritised access to live events Register for free Already registered? Sign in I’ll register later
