Egypt, Jan. 15 -- The European Bank for Reconstruction and Development (EBRD) is supporting retailer DeFacto in expanding its footprint in Egypt by providing a loan in Egyptian pounds equivalent to US$ 25 million.The loan is being provided to DeFacto Egypt, part of the Turkish retailer DeFacto Perakende Ticaret, to support the company's expansion in Egypt, expanding its retail footprint by 20,000 m2 (up to 20 new stores), advancing its digitalisation initiatives, increasing local production and financing additional working capital needs to grow operations.Founded in 2005, DeFacto Perakende Ticaret is Turkiye's second-largest apparel retailer. It operates more than 500 stores globally and serves customers in 100 countries through online and ...