Trans Business announces new prices for Marlboro, Merit cigarettes

Wed, 02 Mar 2022 - 03:00 GMT

The company said in a statement, Tuesday, that the consumer price of Marlboro and Merit cigarettes is LE 46 and LE 49.

Egyptian cigarette maker raises prices of some tobacco products

Mon, 02 Mar 2020 - 01:40 GMT

Egypt’s top cigarette maker told the Egyptian Bourse its decision to officially raise the selling price for some products of the state-owned company, including molasses (mu’assel) and minced tobacco, by a range of LE 0.5 ($0.032) to LE 3 ($0.19).

Finance Ministry denies imposing new tax on cigarettes, soft drinks

Wed, 16 Oct 2019 - 11:05 GMT

The ministry denounced these reports as baseless, saying the government is working to stabilize tax policies.

Eastern Co. marks profits of LE 4.2B in 2017/18

Wed, 25 Jul 2018 - 01:10 GMT

The board of directors of the company approved the splitting of its stock to be valued at LE 0.50 instead of LE 5.

No relation for cigarettes’ price hike to VAT: Tax Authority

Wed, 12 Jul 2017 - 01:14 GMT

Public Taxes Authority announced in a Wednesday statement that Eastern Company’s decision raising cigarettes’ price has no relation to any amendments in the Value Added Tax (VAT) law.

Egypt hikes 3 cigarette brands’ prices by up to 17.6%

Wed, 12 Jul 2017 - 09:54 GMT

Eastern Company raised the price of three cigarette brands by 4.2 – 17.6 percent (LE 0.50 – LE 2.25, $0.028 – $0.126) as of Wednesday, the company announced.

UK court jails man to 10yrs over smoking on flight to Egypt

Fri, 26 May 2017 - 02:26 GMT

A British man who smoked a cigarette on a flight from United Kingdom to Egypt in 2015 had his jail sentence extended to nine years and six months.