Latest in Tag: cigarettes Highlight
Latest in Tag: cigarettes
Eastern Company partners to manufacture Davidoff Evolve cigarettes in Egypt
The product is owned by Imperial Brands, which has been represented in the Egyptian market by Al-Mansour for a long time.
Philip Morris announces new price list for tobacco products
Philip Morris – Egypt has announced the new price list for different brands of MARLBORO, L&M, and MERIT tobacco products.
Banning e-cigarettes is not the answer, regulations must be based on market specific risk proportions: research fellow
It’s clear that US cases of acute lung injury happened because of using illegal marijuana products
E-cigarettes serve as gateway to traditional smoking: study
Young adults who use electronic cigarettes more than four times as likely to smoke tobacco cigarettes
Lower-quality smoking attracts consumers under price hikes
The increase is yet to be applied in shops and coffeeshops, with only a few spots applying it so far
Eastern Company expects EGP 300m revenue increase in FY 2017/2018
The increase is the result of the recently-increased prices of cigarettes
No increase in prices of cigarettes and oils after increasing VAT to 14%: El Monayer
Increasing VAT by 1% will have limited impact, 57 categories of goods and services to remain exempted
Finance Ministry plans to expand tax segments on cigarettes to more than EGP 30
A trend to impose EGP 1.125 on luxurious and medium cigarettes
JTI asks to expand tax segments, instead of overall increase
Bulk of production inputs are imported from abroad: Ismail
Philip Morris Misr announces official list prices post-VAT
The support for the decision comes in the hope that the VAT law will end production shortfalls and price fluctuations
To the dismay of many, devaluation of Egyptian pound gives way to price increases
The Central Bank of Egypt’s March decision to devaluate the Egyptian pound against the US dollar has caused prices to increase across the board, which includes staples such as tea, rice and cigarettes
Eastern Company’s FY 2014/2015 net profit rises by 19.2%
Value registered at EGP 1.08m, compared to EGP 908,405 in previous fiscal year
Tobacco traders demand cigarettes distribution on ration cards
In Egypt, there are about 15 million smokers, more than half are in the countryside, and the rate is expected to increase to 16 million
Cigarette tax provides EGP 5.5bn annually to healthcare: Cabinet
Imposing new cigarette tax supports general state budget providing healthcare expenditure requirements, says Hossam El-Kawish
Al-Sisi imposes additional 50% tax on cigarettes, 200% on beer
The tax on other alcoholic beverages, such as wine and spirits manufactured locally or imported from abroad, has been increased by 150%, with the minimum set at EGP 15 per litre.
Morsi’s son arrested in possession of drugs
Abdullah Morsi and his friend were found in possession of 5 grams of cannabis byproducts, state media says
No increases in cigarettes selling prices: Head of Egyptian Tax Authority
Minister of Finance had earlier announced new selling prices
Smoke and mirrors: Smuggled cigarettes
There’s no doubt that smoking is a detrimental practice; no matter how light some cigarettes are, they still do harm to the body. Yet in Egypt, about 40% of adult men and 8% of adult women are smokers, and since 25 January, access to cigarettes has only increased, as new brands have entered the Egyptian market illegally and are sold at cheaper prices. The Daily News Egypt looks into the issue of smuggled cigarettes and their additional harmful impact on smokers.
Prices for import cigarettes rise
Head of Tobacco Division at FEI denies official move to raise prices
IMF not satisfied with Egypt’s economic reform plans
A government source revealed last week that the IMF is displeased with Egypt’s implementation of its economic and social reform programme, raising concerns of further negotiations over the loan
IMF loan talks to resume in March
IMF loan negotiations with Egypt are to resume early March after talks were postponed due to the country’s political turmoil and economic slump, Morsi’s recent austerity measures aim to make Egypt eligible for the loan
Tax proposal draws tobacco industry’s ire
The government singling out the tobacco industry, says the Head of the Tobacco Division at the FEI