This fund is able to manage investments for the appearing financial technology companies.

Egypt has a goal for launching fund with LE1B capital in order to support financial technology, innovation

The Central Bank of Egypt announced that there are three banks in Egypt such as National Bank of Egypt, Banque Misr and Banque Du Caire which their goal is to launch a fund for supporting the capital of appearing financial technology companies. The goal of establishing this fund is to raise young talents because they can be a hopeful investment for the future.

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