37 Brands, 30,000 Visitors: Green Friday Market Debut Wraps with Car Financing Up to EGP 15 Million

The first edition of Green Friday Market, organized by BrandIt Cairo, wrapped up on October 8 and 9 at Al Masa Hotel in Nasr City, drawing 37 automotive brands and more than 30,000 visitors. The event brought together new, used, and zero-kilometer cars under one roof.

MIDBANK Unveils EGP 15 Million Car Loan

The number stands out. MIDBANK announced at the event the launch of its first-ever car loan, offering financing of up to EGP 15 million with up to 100% coverage and repayment periods stretching to 12 years, with no down payment possible under the program's terms. Mohamed Abdel Hamid Mohamed, the bank's head of sustainability and sustainable finance, said the program includes administrative fee and first-year insurance benefits, aligning with the bank's push toward green mobility solutions.

Test Drives and On-Site Contract Notarization

Does showing a car alone close the deal? The answer played out on the exhibition floor. The event combined test drives, exclusive offers, financing, installment, insurance. Inspection solutions, alongside charging services and digital apps. A mobile notarization vehicle from the Ministry of Justice was on hand to document car purchase contracts directly, cutting down paperwork time for buyers.

Mohamed El-Saiedy, co-founder and CEO of BrandIt Cairo and head of EVs Electrify Egypt and Green Friday Market, said the event aims to simplify car-buying procedures and give customers diverse options, noting that most participating companies managed to sell their entire used-car inventory during the event.

EVs Make Their Presence Felt

Over two days, the turnout was more than just numbers. Banks, finance companies, and EV charging firms joined 37 automotive brands, a mix that reflects a gradual shift in how cars are marketed in Egypt. Long-term financing with no down payment could change the buying equation.