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FINANCIAL NEWS
Computer sales to increase by 5 percent in Egypt
03 Feb 2016
(MENAFN) Egypt will relieve computers and computer programs from needs to offer a cash margin of 100 percent to import them, which will help firms improve their sales.
Furthermore, the decision resolved the problems faced by electronic device importers, while they are still opposed with obstacles in importing smart phones.
Accordingly, due to these challenges there will be a demand to generalize exemptions on imports of all IT and telecommunication devices.
The IT sector is able of increasing the Egyptian economy, as it’s based on developing and renewing all other parts, and will push sales up to 5 percent.
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