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ArabFinance: Government-backed Banque due Caire will manage e-wallet Etisalat Cash of the telecom operator Etisalat Misr, under a cooperation agreement between the two sides, according to an emailed press release.
The contract aims to develop the e-payment system and enhance financial inclusion in the country, the statement added.
Etisalat Cash enables withdrawal and deposit services at Etisalat Misr branches nationwide.
The company previously announced EGP 5 billion worth of investments in the local market during 2021.
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