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Egypt

Banque Misr provides EGP 2.7 billion to MAC Transportation for new car plant in Egypt

Apr 21, 2026

On April 16, Banque Misr announced a EGP 2.7 billion credit facility to MAC Transportation Manufacturing Company, a subsidiary of Mansour Automotive Group, to finance the construction of a new car factory. It will create approximately 10,000 direct and indirect job opportunities.
The factory’s first phase will produc....

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