Egypt to increase tobacco tax revenues to 7.072 bln pounds in FY2018/19
Egypt aims to raise its revenues from taxes imposed on tobacco by 7 billion Egyptian pounds ($395.50 million) in…
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Tobacco
Egypt’s president approves bill raising taxes on cigarettes
Egypt's President Abdel Fattah al-Sisi ratified on Thursday amendments to the Value Added Tax (VAT) law that raise…
Cigarette prices won’t be raised until Egypt’s president ratifies tax bill
Egypt's cigarette producer Eastern Company said on Wednesday that it will not raise the price of cigarettes until…
Egyptian Cabinet denies increased cigarette and tobacco prices
The Information and Decision Support Center of the Cabinet denied reports of an increase in the prices of…
Egypt to raise tobacco tax revenues by $397.50mn in FY2017/18
Egypt is planning to raise its revenues from taxes imposed on tobacco to seven billion Egyptian pounds ($397.50…
European stocks close lower as tech and tobacco stocks tumble
European stocks closed were lower on Friday after Amazon's earning miss and tobacco stocks took a tumble. The…
Egypt’s tobacco maker Eastern Co. boosts products prices
Egypt's top cigarette maker Eastern Company decided on Wednesday to increase the prices of its products ranging…
Egypt’s tobacco maker Eastern Company raises issued capital to $169mn
The Egyptian joint stock company Eastern Company is set to boosts its issued capital to 1.5 billion Egyptian pounds…
Euro zone retail sales fall more than expected in March
Euro zone retail sales fell more than expected in March against February as consumers cut purchases of food, drinks…
World Bank’s Pension Investments Clash with Principles – Reuters
The World Bank indirectly invests part of its $18.8 billion staff pension fund in companies in industries such as…
