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Headlines Tagged with Egypt 286 headlines found

18 Views

BIZ BRIEF: JT acquires leading Egyptian water pipe tobacco firm

Japan Tobacco Inc. announced March 4 that the JT Group has completed the acquisition of Egypt's Al Nakhla Tobacco Co. With headquarters and two factories in Cairo and Shebin El Kom, Nakhla is one of the world’s leading manufacturers of water pipe tobacc
Asahi Shimbum (jp)
added Mar 4, 2013 05:43
17 Views

[Egypt] Tax proposal draws tobacco industry’s ire

The Tobacco Division at the Federation of Egyptian Industries (FEI) is to hold a meeting with the head of the Egyptian Tax Authority (ETA) to discuss government-proposed taxes on tobacco products, said Ibrahim El Embaby, head of the division.
Daily News Egypt (eg)
added Feb 20, 2013 16:15
10 Views

[Egypt] Cigarette tax raise announced soon, says government source

The economic reform program that the government has prepared for the International Monetary Fund to consider for its loan includes a raise on cigarette taxes by LE0.75 for local brands and LE1.25 for imported brands, a government source said.
Egypt Independent (eg)
added Feb 19, 2013 12:01
18 Views

[Egypt] Eastern Tobacco H2/2012 profits hit LE 408 m

Eastern Tobacco (EAST) reported financial results posting a net profit of LE 408,729 (value in thousands) for the period from 01/07/2012 till 31/12/2012.
egypt.com
added Feb 14, 2013 21:25
12 Views

Lebanon foils record cigarette smuggling attempt to Egypt

Lebanon thwarted the largest ever cigarette smuggling attempt to Egypt in December, the Egyptian Embassy announced Monday. "Out of 15 containers, owned by a Jordanian company, four containers [were found to include] 40 tons of counterfeit cigarettes," a
Beirut Daily Star (lb)
added Feb 12, 2013 12:21
19 Views

Egypt Lawsuit Seeking to Close Eastern Tobacco Delayed to Feb. 3

The lawsuit, filed in March 2012, seeks the withdrawal of Eastern Co. (EAST)’s license to operate and the closure of its plants on grounds the production of cigarettes and the tobacco used in water pipes runs counter to the principles of Islamic law, as s
Bloomberg News
added Jan 8, 2013 12:40
15 Views

[Egypt] Islamists 'ban' smoking in Sinai

An Islamist group in Egypt’s Sinai Peninsula threatened to launch a crusade against drug use and cigarette smoking in the lawless desert region on Wednesday, prompting fears about the growing influence of radical groups in post-revolutionary Egypt.
Reuters
added Dec 27, 2012 05:28
10 Views

Egyptian Cigarette Maker Restarts Production as Strike Ends

Eastern Tobacco, Egypt’s monopoly cigarette maker, resumed production after reaching agreement with workers who had been on strike for two days, Fatma Ramadan of the Egyptian trade union federation said in a phone interview.
Business Week/Bloomberg
added Dec 20, 2012 00:21
6 Views

Striking workers claim victory at Egypt's cigarette monopoly

Two-day strike for better pay and conditions at state-owned Eastern Company cigarette manufacturer ends after investment minister promises to meet workers' financial demands
Al-Ahram (eg)
added Dec 19, 2012 12:44
6 Views

[Egypt] Eastern Tobacco workers strike for higher wages, profit share

Strike for better pay and bonuses at Eastern Tobacco enters second day, workers also demand dismissal of company chairman
Al-Ahram (eg)
added Dec 18, 2012 14:26
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