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News 2026-09-29 09:03 UTC

Egypt’s Bank NXT extends $40.3mln facility to Ezz Elarab Elsewedy

By Staff WriterBank NXT has signed a credit facility worth EGP 2.1 billion ($ 40.3 million) with Ezz Elarab Elsewedy Investments to finance expansion projects at Ezz Elarab Elsewedy Automotive Factories and fund the construction of a new automotive paint plant.The new paint facility is expected to…