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FINANCIAL NEWS
Samsung Egypt has 27 percent in TV market, 60 Pct in mobile phones
07 Mar 2016
(MENAFN) According to Chief Commercial Officer for Samsung Egypt who proclaimed that the firm has a confidence in the Egyptian market despite economic conditions.
However, the lack of hard currency and clarity in some of the economic visions of the state regarding taxes, customs affect the financial return on investment for firms.
On the other hand, the Co. has a positive outlook on the Egyptian market and the situation will be stable, while there will be a new jump in pumping investments by the Korean firm.
Egypt is amid the top five markets in the Middle East and N. Africa for sales of Samsung, and its economy is increasing at a value of 45 percent last year.
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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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