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Egypt
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Society
4/22/2024 7:25:52 PM
For the second time this year, Philip Morris Egypt raised prices for packs of Marlboro, Merit, and L&M cigarettes by 5 EGP, according to a new price list released on Monday.
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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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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
9/27/2023 9:21:12 PM
The last remaining factory making cigarettes in France, where smoking was once as much part of the cultural fabric as cafes and wine, is set to close by year-end, the site's owner told employees on Wednesday.
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Al-Ahram Weekly
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Features
9/1/2023 9:31:00 PM
Egypt’s Cleopatra brand remains the uncontested queen of the country’s market for cigarettes.
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Business
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Markets & Companies
8/31/2023 9:43:38 PM
Eastern Company for Tobacco (EETC), Egypt's largest tobacco company, announced on Thursday that it was increasing its production of cigarettes by 15 percent.
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Al-Ahram Weekly
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Egypt
8/17/2023 4:25:00 PM
Tobacco producers and relevant authorities are implementing measures to end market monopoly by distributors.
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Business
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Markets & Companies
8/12/2023 11:44:22 PM
Managing Director and CEO of Egypt’s Eastern Tobacco Company (Eastern Company) Hany Aman announced on Saturday that the company will provide 50 million more cigarettes daily starting Sunday to end the current cigarette crisis.
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Al-Ahram Weekly
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Egypt
8/7/2023 4:25:00 PM
The announcement of an anticipated tax increase on tobacco products has resulted in parallel-market price hikes and financial losses to the state treasury.
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Business
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Markets & Companies
8/6/2023 2:40:16 PM
Egypt's largest tobacco producer Eastern Company is expected to raise prices by 16.9 percent annually through FY2027/2028, to bolster its revenues, according to a report by HC Brokerage released Sunday.
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Business
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Economy
8/2/2023 3:32:55 PM
Egypt's tobacco exports reached $35.8 million during the first four months of 2023, according to data released by the Central Agency of Public Mobilization and Statistics (CAPMAS).
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Egypt
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Society
7/26/2023 10:22:41 PM
The Head of the Tobacco Division of the Federation of Egyptian Industries said some traders who are hoarding cigarette boxes to sell them at higher prices in the black market are behind current shortages.
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Business
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Markets & Companies
7/16/2023 9:47:22 PM
Philip Morris International (PMI) has made a sudden U-turn on its plan to increase cigarette prices in Egypt, just hours after the initial announcement.
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Business
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Markets & Companies
5/26/2023 3:50:34 PM
US tobacco giant Philip Morris International is fighting to get Britain, France, and other countries to make it easier to promote alternatives to cigarettes such as heated tobacco and vaping.
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Business
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Markets & Companies
4/5/2023 11:52:36 PM
Philip Morris Misr for Tobacco has raised the price of most of its brands, effective Thursday, according to Ibrahim Imbabi, the head of the Tobacco and Cigarette Division at the Federation of Egyptian Industries.
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Egypt
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Courts & Law
4/2/2023 4:05:44 PM
Customs authorities at Cairo International Airport foiled an Egyptian passenger’s attempt to smuggle 100 phones, 180 electronic cigarettes and their accessories, the Ahram Arabic news website reported on Sunday.
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Business
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Economy
3/26/2023 4:26:03 PM
The state-owned Eastern Tobacco Company on Saturday raised prices of cigarettes, cigars and pipe tobacco by an average of EGP 2-3 per pack.
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Business
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Markets & Companies
9/24/2022 7:18:49 PM
The United Tobacco Company (UTC), a subsidiary of the American multinational tobacco giant Philip Morris International (PMI), has started manufacturing cigarettes in the Egyptian market, ending the decades-old monopoly by the state-owned Eastern Tobbaco Company on the manufacturing of cigarettes.
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Business
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Markets & Companies
9/6/2022 9:37:41 PM
Philip Morris Misr for Tobacco has announced an increase in the price of most of its cigarette brands, starting Wednesday, the head of the Tobacco and Cigarette Division at the Federation of Egyptian Industries Ibrahim Imbabi said.
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