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Supervisor
Elham AbolFateh

Egypt

Officially… Egypt increases Cigarettes prices

Thursday 12/July/2018 - 11:20 AM
Sada El Balad
Sada ElBalad-Nada Moustafa
Egypt’s largest cigarette manufacturer، the Eastern Tobacco Company، announced that the company has officially raised prices by 10-15 percent starting Thursday.

In statements to “Sada El-Balad” website، Head of Media department in the company، Morsy Abu Amer said that cigarette prices are set to increase between EGP 1.5 to EGP 3 per pack.

He added، the company’s cheapest Cleopatra brand، which has long dominated the market، will be sold at EGP 17 instead of EGPT 15.5.

In recent years، Egyptian smokers have been faced with multiple price hikes due a drop in imports of tobacco — among other imported goods after a foreign currency shortage since 2011 — as well as new taxation.

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