Eastern Company tobacco

On another note, Eastern Company rose 6.7% last week, after the company announced it has signed a five-year joint production agreement with Al Mansour International Distribution Company. The Egyptian tobacco firm will partner with Al Mansour International, licensed by the German owner of the ...

Japan Tobacco International (JTI) announced on Sunday launching its new product Camel in the Egyptian market. The launch of the new brand is the culmination of ongoing cooperation at both local and international levels between Japan Tobacco International (JTI) and Eastern Company through the ...

A few days after value added tax law amendments were passed to raise taxes on cigarettes and tobacco on November 21, Egypt's Finance Ministry announced anticipated gains, while major tobacco producer Eastern Company asserted that sales will continue to grow. A look at previous data shows that ...

Prices of Super and West cigarettes will be EGP 17 instead of EGP 15, while Black Label's price will increase by 12% to EGP 18 from EGP 16. Eastern Company indicated that prices were adjusted on 23 November, in accordance with the VAT's implementation. The company last reported a profit of EGP ...

CAIRO – 23 November 2017: State-owned Eastern Company amended the prices of its cigarette products to be applied as of Thursday based on the latest amendments of Value-Added Tax (VAT). Chairman of the company Mohamed Othman Haroun said that the prices of cigarettes will increase by LE 2-3 ...

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Egyptian parliament approved on Tuesday a draft law to amend the Value-Added Tax (VAT) Law so as to increase cigarettes and hookah prices. The draft law, which was submitted by the government, will raise the prices of cigarette packs based on their tranche. Under the approved amendments, the new ...

Khaled Ismail, the director of external relations at Japan Tobacco International (JTI), said the company will continue supplying the market with all its products without any increases in prices. He pointed out that JTI will only increase the price of its products if the government increases the tax on cigarettes.

Ashraf El Sharqawy, Minister of Public Sector Affairs, stressed the importance of the Eastern Company for Tobacco, affiliated to the CIHC, in tobacco cultivation and exporting in Egypt. He stressed the importance of signing new contracts over the next three months. El Sharqawy listened to the report by the ...