Business
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Markets & Companies
11/7/2024 10:43:30 PM
Philip Morris Egypt raised the prices of its tobacco products by EGP 5 for the third time this year, according to a new price list released on Thursday.
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Business
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Markets & Companies
11/5/2024 10:03:58 PM
Egypt’s largest tobacco producer, Eastern Company, has raised the price of its local products including cigarettes by 12 percent, effective on Tuesday.
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Life & Style
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Health
10/8/2024 12:33:33 PM
Banning the sale of tobacco to people born between 2006 and 2010 could prevent around 1.2 million deaths from lung cancer by the end of the century, said a modelling study.
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Business
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Markets & Companies
7/29/2024 4:22:05 PM
The board of directors of the Egyptian public tobacco company Eastern Company S.A.E has approved the selling of the land, buildings, and currently rented equipment of factory no. 9 to the United Tobacco Company (UTC), a subsidiary of the American tobacco company Philip Morris International (PMI), for EGP 1.584 billion.
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Business
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Economy
7/15/2024 8:47:26 PM
Ibrahim Embabi, Chairman of the Tobacco and Cigarettes Division of the Chamber of Food Industries in the Federation of Egyptian Industries (FEI), told Ahram Online that tobacco products are expected to see a rise next year due to the application of fees and value-added tax in line with the related laws.
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Business
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Markets & Companies
7/14/2024 3:46:24 PM
Egypt’s largest tobacco producer, Eastern Company, has raised the price of its local cigarette products by EGP 22 piasters, effective last Friday, according to a disclosure the company submitted to the Egyptian Exchange (EGX) published on Sunday.
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Life & Style
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Health
6/23/2024 11:07:13 AM
The Food and Drug Administration authorized the first menthol-flavored electronic cigarettes for adult smokers, acknowledging that vaping flavors can reduce the harms of traditional tobacco smoking.
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Business
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Economy
5/9/2024 12:33:09 PM
Egypt’s headline inflation rate decelerated, for the second consecutive month, in April to 32.8 percent, down from 33.1 percent in March, the Central Agency for Public Mobilization and Statistics (CAPMAS) announced Thursday.
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Egypt
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Society
4/14/2024 6:53:36 PM
The local tobacco producer Eastern Company has raised its cigarette prices for the second time in 2024, with new prices to be effective starting Sunday.
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Al-Ahram Weekly
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Egypt
3/13/2024 10:38:00 PM
Contradicting all expectations, inflation rates recorded an increase in February.
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Egypt
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Society
2/16/2024 7:21:58 PM
Egypt’s largest tobacco producer Eastern Company will increase cigarette prices by EGP 2-8 starting Saturday, Ahram Arabic news gate reported on Friday.
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Egypt
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Society
2/11/2024 8:52:00 PM
Philip Morris Egypt announced on Sunday the new price list for all its tobacco products, including "HEETS" and "TEREA" heated tobacco sticks, as well as traditional cigarettes under the Marlboro, Merit, and L&M brands, in their various types.
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Business
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Markets & Companies
12/28/2023 1:40:49 PM
The Egyptian Exchange (EGX) announced on Thursday that 73.46 million shares from the major Egyptian state-owned tobacco producer Eastern Company were acquired by investors for EGP 2.05 billion ($66.55 million in the official exchange rate market).
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Al-Ahram Weekly
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Economy
12/19/2023 5:56:11 PM
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Business
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Markets & Companies
11/16/2023 5:23:21 PM
The Egyptian Exchange (EGX) announced Thursday the acquisition of 30 percent of Egypt’s leading tobacco producer, Eastern Company, by Emirati company Global Holding for EGP 16.4 billion ($530.86 million).
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Business
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Economy
11/15/2023 5:35:31 PM
Soaring prices of tobacco products in Egypt are expected to ease soon following the latest measures taken by the country to control the local market, the chairman of Egypt's largest tobacco producer Eastern Company, Hany Aman said on Wednesday.
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Business
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Economy
11/14/2023 5:54:03 PM
Philip Morris Misr on Monday increased the prices of its tobacco products by 15-20.5 percent, following the country's state-owned Eastern Company's move to raise the prices of its products.
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Business
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Economy
11/8/2023 4:00:00 PM
Egypt’s major tobacco producer Eastern Company raised the prices of its products to absorb part of the rising costs of production inputs after the devaluation of the Egyptian pound, the company’s Chairman Hany Aman told Ahram Online on Wednesday.
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Egypt
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Health
10/30/2023 10:36:55 AM
Egypt’s parliament – the House of Representatives – approved on Sunday a government-drafted amendment to the 2016 VAT law to impose a tax of EGP 0.50 on tobacco products sold on the local market.
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Business
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Markets & Companies
9/3/2023 10:47:14 PM
Global Investment Holding Co., a UAE-based company, acquired Sunday a 30 percent ownership stake in Egypt's largest tobacco products maker Eastern Company.
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