A file photo of an Egyptian man smoking a cigarette (Photo: AP)
Egypt's Ministry of Finance ratified a new increase to the prices of tobacco products on Monday. The price increase started on Thursday, with an additional increase of EGP 1 in the prices of imported brands.
Egypt's largest tobacco producer Eastern Tobacco Company raised prices by 10-15 percent on Thursday, both to fund the comprehensive universal healthcare programme, the first phase of which was launched on 6 July, and as a reflection of value-added tax.
The company lowered the price of the country's cheapest cigarette brand Cleopatra 'King Size' to EGP 15.5 per pack, after it was increased to EGP 16 last week.
The Ministry of Finance retail list for cigarette prices is as follows:
Merit/ Dunhill EGP 40
Marlboro (Red and Gold) EGP 37
Marlboro (Medium) EGP 35
Lucky Strike/ LM EGP 29
Camel EGP 34
Rothmans/Gualoises/ Winston EGP 27
Next/ B&S EGP 25
Pall Mall/ Viceroy EGP 24
Cleopatra (Black Label)/Time/Golden West) EGP 22
Cleopatra (Super) EGP 18
Cleopatra Box (Red, Gold, Blue)/Target EGP 17
Mondial/Boston/Light/Belmont EGP 16.5
Cleopatra (Queen) EGP 16
Cleopatra (King) EGP 15.5