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The Upper Egypt Electricity Production Company (UEEPC) will borrow EGP 2 bn from EG Bank to finance the maintenance and development of its power stations, Al Borsa reports. The bank will provide tranches in EGP, USD, and EUR, and the first USD 50 mn tranche is set to be disbursed this week, according to UEEPC CEO Ibrahim El Shahat.
Every instant payment today depends on your bank or telco.…
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The London-based, Egyptian-founded fintech is preparing to activate its loyalty…
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