The company said the increase accords with health insurance law No.8 - 2018. 

This marks the third price increase in 2024, following earlier price hikes announced by the company in February and April. 

With the new increase, a pack of Cleopatra box of 10 cigarettes will be sold at EGP 25 instead of EGP 24.5. 

Furthermore, a pack of 20 cigarettes of the company’s most affordable brand, Cleopatra, will be officially priced at EGP 34.72 instead of EGP 34.50. 

Similarly, the new prices apply to all Cleopatra cigarettes, including Cleopatra king size, Cleopatra soft queen, Cleopatra box (white colours), Cleopatra Super, and Cleopatra black label. They also apply to brands such as Mondial, Boston, Belmont, and Matossian.

The prices of other brands such as Viceroy and Pall Mall remain the same at EGP 55 for a 20-cigarette pack.

According to the latest figures announced by the Central Agency for Public Mobilization and Statistics (CAPMAS), Egypt’s annual inflation rate continued its downward trend for the fourth consecutive month, recording 27.1 percent in June 2024 compared to 27.4 percent in May 2024.

However, the monthly inflation rate increased in June 2024 to reach 1.8 percent, compared to -0.8 percent in May 2024.