Back
Manufacturing & IndustryBanking & FinanceTechnology & Digital

At the request of banks… 'Inni' produces 1.6 million electronic payment devices

May 25, 2026اقتصاد – الشروق أونلاينechoroukonline.comTranslated from Arabic
At the request of banks… 'Inni' produces 1.6 million electronic payment devices

The CEO of the electronic industries company 'Inni', Abdel Salam Bouab, revealed that the company has met the banks' requests for electronic payment devices, in line with the higher authorities' direction in the country to generalize the electronic payment mechanism during commercial and banking transactions. The spokesperson explained, in a statement to 'Echorouk', that the company has mobilized all its material and human resources to produce an estimated 1.6 million electronic payment devices, in compliance with the content of the agreement concluded with the Ministry of Finance and the banks, by opening production lines at a rate of 20,000 units per month, adding that the company remains ready to resume production as soon as requests are made, while the company's warehouses have a surplus of ...

Read Full Article
Share on social media

Related Articles

Banking & Finance
Algeria and Saudi Arabia Discuss Developing Financial Technology and Sukuk Market

Algeria and Saudi Arabia Discuss Developing Financial Technology and Sukuk Market

Algeria and Saudi Arabia explored ways to develop financial markets and enhance innovation and financial services during meetings that brought together stakeholders in the Algerian financial market and representatives from the Saudi Financial Market Authority, as part of the work of the Trade and Economy Committee stemming from the Algerian-Saudi High Coordination Council. The meetings were held at the headquarters of the Commission for Organizing and Monitoring Stock Exchange Operations (COSOB) and via videoconferencing, providing an opportunity to exchange experiences and practices in several areas related to the development of financial markets. Read the full content on Echourouk Online.

Sep 13, 2026echoroukonline.com
Economic Policy
BRICS Finance Ministers Call for Reform of Global Financial Institutions

BRICS Finance Ministers Call for Reform of Global Financial Institutions

Finance ministers and central bank governors from BRICS countries have called for reform of global financial institutions, primarily the International Monetary Fund and the World Bank, to give emerging and developing economies a greater role in the global economic governance system. The financial officials stated in a joint statement that reforming global economic governance remains a 'constant priority' for BRICS, amid the growing share of emerging and developing economies in global output and growth. Read the full content on الشروق أونلاين.

Sep 13, 2026echoroukonline.com

News Disclaimer: Articles are curated from third-party sources for informational purposes. We do not verify or endorse the accuracy of third-party content.