Alexandre Goudineau

Tourism recovery likely to remain turbulent this year
Business

Tourism recovery likely to remain turbulent this year

Mohamed, 24, studied tourism and graduated two years ago. The timing was unfortunate. By February 2011 — during and immediately…
Electricity price hikes a necessity, says official; but will hit poor the hardest
Business

Electricity price hikes a necessity, says official; but will hit poor the hardest

A recent government hike in electricity prices means Egyptians will soon be paying more to switch on a lamp or…
Franchises are on the rise, despite a rough economy
Business

Franchises are on the rise, despite a rough economy

Egyptian shoppers are likely to see even more big-name brands gracing their malls and shopping centers in the coming years,…
In lifting 95-octane subsidy, government takes small bite out of deficit
Business

In lifting 95-octane subsidy, government takes small bite out of deficit

The Egyptian government has announced that it will lift the subsidy on 95-octane gasoline in the coming week, taking the…
Recent graduates hit hardest by persistent unemployment
Business

Recent graduates hit hardest by persistent unemployment

For the thousands of young men and women who filled Tahrir Square nearly two years ago, youth unemployment was a…
Economists see folly in postponed shop closing law
Business

Economists see folly in postponed shop closing law

The Wednesday decision by Local Development Minister Ahmed Zaki Abdeen to postpone indefinitely the law that would close shops at…
Egypt’s unbalance of payments
Business

Egypt’s unbalance of payments

It’s no secret that Egypt’s current government is having trouble financing its spending. But the government’s troubles reflect a greater…
In call center industry, obstacles and potential
Business

In call center industry, obstacles and potential

The call center industry was one of the trademarks of Egypt's development strategy throughout the 2000s. Experts pointed to it…
Government pursues ways to increase tax revenue
Business

Government pursues ways to increase tax revenue

The government will not raise taxes but will instead rely on foreign investment to remedy the country’s cash flow problem,…
Amid economic downturn, a furniture company finds success
Business

Amid economic downturn, a furniture company finds success

The nation may be going through the most severe economic slowdown of the past decade, but some businesses have managed…
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