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FINANCIAL NEWS
Egypt GDP of telecom sector grows by 5.2pct
25 Aug 2016
(MENAFN) The whole gross domestic product (GDP) of the telecommunications and information tech sector grew by 5.2 percent amid Q1 of 2015.
Accordingly, the total GDP increased from EGP13.13bn amid the cited quarter of last year to EGP13.8bn during the same period of this year.
Moreover, the contributions of the communications and information tech sector to the GDP also grew to 3.1 percent during the same period of 2015/2016.
In addition, phone service costs per user increased from USD2.6 to USD2.7 amid the first quarter of this year.
More News
17 Sep 2025
BBK and CrediMax launch exclusive offers for customers in collaboration with The Ritz-Carlton, Bahrain
31 Aug 2025
BBK announces an exceptional 6-month grace period financing campaign for Personal and Car Finance customers
13 Aug 2025
BBK’s BD 5,000,000 Al Hayrat scheme awards BD 680,000 to 390 Al Hayrat winners in August and September
04 Aug 2025
HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
28 Jul 2025
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
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