New Market Study, "Consumer Appliances in Egypt", Has Been Published
Although consumer appliances showed signs of recovery and growth after the Egyptian revolution, the instability that followed caused another setback. After the presidential election, consumers often spent more than they saved, but after the poor performance of the government and the following step down, everything changed. There was an increase in home utility bills, accompanies by political unrest, when many demonstrations against the Islamic government were held. These two factors negatively...
View full press release