Last Update 12:12
Sunday, 22 September 2019

Phillip Morris raises cigarette prices in Egypt

Ahram Online , Monday 8 Oct 2018
(Photo: Ahram Online)
Views: 8722
Views: 8722

Philip Morris LLC announced on Monday a new price increase for some of its cigarette brands as well as the introduction of a new brand on the Egyptian market.

The company raised prices for a pack of Merit cigarettes to EGP 42, Marlboro Gold to EGP 39, and Marlboro Red to EGP 39. The newly introduced Marlboro Purple Mix will be sold for EGP 39 per pack. 

The company said that the price of a pack of L&M will remain at EGP 29 and Marlboro Medium at EGP 35. 

Last July, Egypt’s leading cigarette maker, the Eastern Tobacco Company, said it was raising prices by 10-15 percent days after the country launched the first phase of its new national health insurance system, which will be partially funded by the new hike.

Eastern Company supplies about 70 percent of Egypt's cigarettes, which number at about 83 billion cigarettes a year.

In recent years, Egyptian smokers have been faced with multiple price hikes due a drop in tobacco imports — among other imported goods after a foreign currency shortage since 2011 — as well as tax hikes.

Short link:


Ahram Online welcomes readers' comments on all issues covered by the site, along with any criticisms and/or corrections. Readers are asked to limit their feedback to a maximum of 1000 characters (roughly 200 words). All comments/criticisms will, however, be subject to the following code
  • We will not publish comments which contain rude or abusive language, libelous statements, slander and personal attacks against any person/s.
  • We will not publish comments which contain racist remarks or any kind of racial or religious incitement against any group of people, in Egypt or outside it.
  • We welcome criticism of our reports and articles but we will not publish personal attacks, slander or fabrications directed against our reporters and contributing writers.
  • We reserve the right to correct, when at all possible, obvious errors in spelling and grammar. However, due to time and staffing constraints such corrections will not be made across the board or on a regular basis.

© 2010 Ahram Online.