UAE’s Network International has invested one billion Egyptian pounds to boost economic growth in Egypt by supporting digital payment solutions, said an emailed statement on Sunday.
The firm will expand the e-payment services structure in Egypt to boost the gross domestic product (GDP).
The investment also includes upgrading Network International’s advanced e-payment platform One Network.
Moreover, the investment will also include purchasing and activating around 100,000 advanced sale points.
According to CEO of Network International Nandan Mer, this investment seeks to attract and employ Egyptian skilled youth and entrepreneurs.