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Aman & TAQA Arabia to establish a new company

TAQA Arabia, a subsidiary of Qalaa Holdings, has signed a cooperation protocol with Aman Financial Services, a subsidiary of Raya Holding for Financial Investment, to establish a new company equally divided between the two companies.

The company is scheduled to officially start by this mid-year.

It will facilitate electronic payments for “TAQA Arabia” customers.

The new company intends to inject investments worth EGP 300 million.