cigarettes
Egypt asks China to crackdown on counterfeiting
Business
March 14, 2013
Egypt asks China to crackdown on counterfeiting
An Egyptian official is asking China to crackdown on counterfeit Chinese products being smuggled into Egypt. Atef Yacoub, chairman of…
Authority waiting for tax reform green light
Business
February 19, 2013
Authority waiting for tax reform green light
Egyptian Tax Authority President Mamdouh Omar is waiting for the green light to impose tax increases President Mohamed Morsy suspended…
Cigarette company workers end strike after demands met
Egypt
December 19, 2012
Cigarette company workers end strike after demands met
Workers of Egypt's cigarette monopoly Eastern Company ended their strike in front of the company’s main headquarters in Giza Tuesday…
Three minors to be released in Ilan Grapel prisoner swap
Egypt
October 26, 2011
Three minors to be released in Ilan Grapel prisoner swap
Three minors are among the Egyptians to be freed from Israeli prisons in a prisoner swap deal involving alleged Israeli…
Egypt destroys 4 million smuggled cigarettes
Business
September 4, 2011
Egypt destroys 4 million smuggled cigarettes
The Port Said Customs Authority has announced that it destroyed four million cigarettes in August. The cigarettes were seized before…
Egypt’s Eastern Co. profit falls 26 pct to $105 million
Business
July 21, 2011
Egypt’s Eastern Co. profit falls 26 pct to $105 million
Egypt's Eastern Company posted a net profit of LE631 million (US$105.9 million) for the full year to the end of…
Roughly 9% of population are drug addicts, says minister
Egypt
June 26, 2011
Roughly 9% of population are drug addicts, says minister
The total number of drug addicts in Egypt is estimated at 9 percent of the total population, said Minister of…
Egypt’s Eastern 9-month net profit at US$67.6 mln
Business
April 27, 2011
Egypt’s Eastern 9-month net profit at US$67.6 mln
Egypt's cigarette monopoly Eastern Company posted unaudited nine-month net profit for the period ended March 2011 of 402 million Egyptian…
Death and taxes: Govt makes smoking less convenient, more expensive
Egypt
July 29, 2010
Death and taxes: Govt makes smoking less convenient, more expensive
Ahmed Yassin actively looks forward to a drop in his business. The owner of a kiosk on Mourad Street in…
New cigarette taxes irk smokers, retailers
Egypt
July 6, 2010
New cigarette taxes irk smokers, retailers
A 40-percent tax increase was levied on tobacco products this month with the stated aim of reducing the number of…