Euronet Worldwide is aiming to invest EGP 400 mn in Egypt by the end of 2018, the company’s sales director for the Middle East and North Africa Mohamed Farouk said, Al Shorouk reports. Farouk said the company is currently in talks with an unnamed Egyptian bank to operate its ATMs and issue its credit cards. He also said he expects to see a leap in Egypt’s digital banking sector, particularly as the state is working towards moving the payment of government salaries to electronic channels.

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