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Egyptian clothing sales reach 1.2B pounds
Data from the General Authority for Financial Control shows that consumer financing in Egypt during April 2026 reached 10.37 billion Egyptian pounds. Vehicle and car loans accounted for the largest share, representing 25.1% of the total, approximately 2.6 billion pounds. The data also reveals diverse usage categories, with electronics and electrical appliances in second place at 16.1%, followed by consumer goods financed through credit cards at 14%. Cumulatively, from January to April 2026, the total financing amounted to 39.94 billion pounds, with vehicle purchases leading at 24.2%. The scope of financing has expanded to include various goods and services, reflecting an increasing reliance on consumer credit to meet individual needs.
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