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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.
More News
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BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
08 Jul 2025
BBK proudly launches the third edition of “Grow” and welcomes 20 Bahraini graduates
03 Jul 2025
BBK hosts executive leadership session on digital assets in collaboration with Rain
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
16 Jun 2025
BBK and CrediMax Offer Exclusive 20% Discount on Turkish Airlines Flights for Cardholders
25 May 2025
BBK strengthens commitment to sports development through strategic partnership with Bahrain Basketball Association
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