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Fawry approves capital increase

The Extraordinary General Assembly of Fawry (FWRY) approved  the authorized capital increase from EGP 1 billion to EGP 3 billion.

The general assembly also approved an increase in the issued capital, a cash increase at par value, from EGP 853.6 million to EGP 1.6 billion, an increase of EGP 800 million.