Arab Finance: BIDDEX, the first fully integrated digital platform for buying, selling, and trading cars in Egypt, will be launched within the coming days in the market, as per an emailed press release.

Following its successful pre-launch phase, the complete car marketplace has already facilitated the buying and selling of cars worth over EGP 100 million EGP and has provided nearly EGP 60 million EGP in auto loans in record time.

This comes as a part of the company’s ambitious strategy to capture 10% of Egypt’s car market, redefine the entire car-buying experience, and transform the traditional car market into a fully digital, secure, and seamless ecosystem.

Commenting on this achievement, Amr Allam, Founder and CEO of BIDDEX, stated: "Our platform is the first of its kind in Egypt, set to revolutionize the Egyptian car market with groundbreaking innovations in how cars are bought and sold.”

“BIDDEX offers a fully integrated experience, covering everything from online auctions and car selection to importation, financing, and even seamless trade-ins. Our goal is to enhance the user experience with advanced services such as dynamic car valuation, condition verification, and real-time price tracking,” Allam added.

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