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Economy

From Mobile Phones to Club Memberships: Egyptians Tap EGP 37.2 Billion in Consumer Finance

Automated summary•29 September 2026 at 11:25
From Mobile Phones to Club Memberships: Egyptians Tap EGP 37.2 Billion in Consumer Finance

Consumer finance activity in Egypt recorded notable growth in the second quarter of 2026, with financing reaching EGP 37.2 billion, according to data on the sector.

The expansion was driven by increases in both the number of customers and the value of financing granted during the quarter.

Purchases covered a range of goods and services, from mobile phones to club memberships, highlighting the breadth of spending supported by consumer finance.

The available summary did not provide a breakdown of financing by purchase category or specify the rate of growth. It also did not detail how many customers received financing during the period.

This is an automated summary from the available headline and excerpt, not the full story or a claim of human review.

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