Sort by: Date added | Date Published | Most Viewed

Headlines Tagged with Egypt 290 headlines found

6 Views

Egypt postpones Eastern Tobacco share offering

Egypt is to postpone the offering of a 4.5 percent stake in state-owned Eastern Tobacco company due to global market volatility, the ministry of finance said in a statement on Friday. The ministry said that a cabinet committee responsible for managing IP
Reuters
added Oct 19, 2018 11:51
9 Views

Egyptian tobacco firm Eastern announces 5:1 share split

Eastern Co will conduct a 5:1 share split on September 27, Egypt’s top cigarette maker said on Wednesday. The nominal value of each share will be 1 Egyptian pound ($0.0560) instead of five, it said. $1 = 17.8600 Egyptian pounds Reporting by Ehab Farouk;
Reuters
added Sep 19, 2018 20:24
8 Views

UPDATE 1-Egypt to offer 4.5 pct stake in cigarette maker Eastern Company

Egypt will launch its programme for offering shares in state companies by offering a 4.5 percent stake in its top cigarette maker Eastern Company, the finance ministry said in a statement on Thursday.
Reuters
added Sep 12, 2018 01:22
4 Views

Egypt’s Largest Cigarette Maker Reports Record Profit

Eastern Tobacco, posted a 42.5 percent surge in profits for the year, beating estimates despite raising prices to accommodate the country’s new so-called sin tax. Eastern’s net income for fiscal 2017-18 rose to a record 4.2 billion Egyptian pounds ($234.
Bloomberg News
added Jul 26, 2018 12:01
7 Views

Egypt names first five state companies to float shares under privatisation scheme

announced the names of the first five state companies that will offer shares this year as part of a plan to boost public finances through minority offerings on the Cairo exchange. The companies are Alexandria Mineral Oils Company, Eastern Tobacco, Alexan
Reuters
added Jul 19, 2018 01:17
5 Views

Egypt's Eastern Co raises cigarette prices

will raise prices by 10 to 15 percent, or 1.5-3 Egyptian pounds ($0.0840-$0.2521), starting on Thursday, Chairman Mohammed Othman Haroun said. Prices have soared in import-dependent Egypt ever since it floated its pound currency in late 2016 as part of I
Reuters
added Jul 12, 2018 16:35
3 Views

Would placing pictorial health warnings on waterpipe devices reduce waterpipe tobacco smoking? A qualitative exploration of Egyptian waterpipe smokers’ and non-smokers’ responses [FREE FULL TEXT]

Conclusions Our exploratory study suggests that PHWs featured prominently on waterpipe devices could potentially deter experimentation with waterpipe tobacco products and promote cessation, especially among non-established users.
Tobacco Control
added Jul 8, 2018 03:13
9 Views

Egypt to sell up to 4 pct of Eastern Tobacco stake on Cairo exchange -ministry

Egypt’s state-owned Holding Company for Chemical Industries has agreed to sell up to 4 percent of its stake in Eastern Tobacco on the Cairo exchange, Minister of Public Enterprise Khaled Badawy said in a statement on Monday.
Reuters
added May 29, 2018 16:05
10 Views

Egypt aims to raise tobacco tax revenues by $402 mln in 2018-19 budget

The country is targeting around 58.524 billion Egyptian pounds ($3.33 billion) in revenues from tobacco taxes, according to a document released by the Finance Ministry to the parliament on Sunday.
Reuters
added Apr 16, 2018 21:38
11 Views

BRIEF-Egypt's Eastern, Al-Mansour to Jointly Manufacture West Cigarette

Reuters
added Mar 23, 2018 14:58
Sign up for daily headlines All Headlines Featured Headlines U.S. Headlines International Headlines