Categories · Business (Tobacco)
· Teen Smoking/Youth
· Smokefree Policies
non-USA, by Country · Uae
· Saudi Arabia
· Africa
· Iran
· Iraq
· Mid-east
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Jump to full article: Zawya.com (ae), 2008-06-04 Author: VM Satish
Intro: Ban on smoking in public places and selling tobacco to people under 20 have cut sales of cigarettes in the GCC by 12 per cent, according to industry experts.
Total sales across the region are about 60 billion cigarettes a year and Saudi Arabia is the largest market with an annual total of 12 billion. Small- and medium-sized tobacco manufacturers expect their business volume to decline further due to increased taxes and restrictions in regional markets.
But global giants such as British American Tobacco and Philip Morris International (PMI), which dominate the market, recorded an increased sales in the first quarter of 2008 mainly due to higher turnover in East Europe, the Middle East and Africa (Eema).
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