British American Tobacco raises cigarette prices in Egypt

Abdallah Ghomi , Sunday 20 Mar 2022

British American Tobacco (BAT) announced on Sunday a new price increase of up to EGP three for some of its cigarette brands on the Egyptian market, according to Egyptian media reports.

tobacco group
The tobacco group is considering a sale-and-leaseback deal for Globe House in Westminster

The company raised prices for a pack of Dunhill cigarettes to EGP 49 instead of EGP 47, Dunhill Master Blend cigarettes to EGP 41 and Kent cigarettes to EGP 44 instead of EGP 41.

It also raised prices for a pack of Viceroy and Pall Mall cigarettes to EGP 29 instead of EGP 28.

 BAT launched its operations in the Egyptian market in 2001. It is currently one of the main companies in the Egyptian market along Eastern Tobacco Company and Philip Morris.

Egypt’s Eastern Tobacco Company has a market share of about 70 percent, while foreign companies hold the rest.  

Short link:

 

Also In Economy

# Egypt net int’l reserves slightly increase to $46.95 bln by end-November
# CBE hosts Mauritanian delegation for knowledge exchange on financial literacy, women empowerment
# China's total investment in SCZone exceeds $3 bln: Chairman
# Norway wealth fund tops $1.8 trillion mark
# Tourism contribution to Egypt’s GDP edges up slightly to 8.1% in 2024
# Egyptian pound exchange rate climbs over EGP 50/$1 for first time
# INTERVIEW - METAC supports Egypt's tax and fiscal policy reforms: Director Floerkemeier
# Egypt central bank launches new service allowing instant remittance receipt in accounts
#