Abu Kalal forecasts $2.5B tech profits by 2027
The Head of the Communications and Media Authority, Baligh Abu Kallil, revealed expectations of achieving annual revenues exceeding $2.5 billion for the benefit of the state from the mobile phone and information technology markets by 2027, as part of a strategic plan to boost non-oil financial resources. He explained that these revenues represent a significant shift compared to previous periods, which had low levels of collection and returns, with the aim of supporting the public treasury and diversifying national income sources.
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