
Top 10 best-selling cigarette brands in Egypt
Cleopatra (soft pack) tops list with total sales of 120m cigarettes daily, while Cleopatra Box (hard pack) sell 60m cigarettes daily
112 Articles
Cleopatra (soft pack) tops list with total sales of 120m cigarettes daily, while Cleopatra Box (hard pack) sell 60m cigarettes daily
7% company’s market share in 2017 with a total of 1bn cigarettes
Egyptian cigarette market is world’s eighth largest market
Cigarette companies demand expansion of tax segments, but government ignores it
Company produced 62m cigarettes in last FY with a market share of 72%, says Haroun
Decrease in budget deficit to reach 9.8% in FY2017/2018 compared to 10.9% in FY 2016/2017
Minister of Planning, Follow-up, and Administrative Reform Hala Al-Saeed said that the programme of the government IPOs is due to begin in the last quarter of 2018. Al-Saeed said in a press statement on the sidelines of the Egypt Government Excellence Conference held in cooperation with the United Arab Emirates, that there is no delay …
Gasoline mart card system to be cancelled, after finding defects in application: El-Molla
IFC, EBRD contribute $160m, local banks secure remaining funds
Judicial procedures suspended until arbitration completed, sources say
KPMG Hazem Hassan restructuring Unionaire Group in coordination with EFG-Hermes
Hala Al-Saeed, minister of planning and chairperson of the National Investment Bank (NIB), said that several days ago, the bank sent the Ministry of Finance a programme of proposals for the Egyptian Exchange (EGX) of 13 companies belonging to different economic sectors. Finance Minister Amr El-Garhy said in previous statements that the ministry aims to …
Minister of Planning, Follow-up, and Administrative Reform Hala Al-Saeed said that her ministry aims to boost private sector contribution in investments to 58% of the total investment, worth EGP 980bn, during the coming fiscal year. According to the minister, the value of private investments for fiscal year 2018/2019 will be about EGP 569bn, with public …
Total investments in H1 amounted to EGP 353bn
The Italian law firm BonelliErede recently began operating in Egypt. Its local partner for Egypt is Francesca Secondari, who joined the firm in 2003 and whose expertise is in mergers and acquisitions, banking, corporations, commercial agreements, and real estate transactions. She is in charge of leading BonelliErede’s Cairo office and coordinating its work with the …
We adjusted economic indicators with IMF, inflation will reach 21% by end-June, says Kouchouk
We are using deferral of capital gains tax to prepare community to accept it, which will be applied to all companies
8 oil, industry, petrochemical, banks public companies will be IPO-ed in 18 months
Ministry plans to restructure state-run newspapers, Egyptian Radio and Television Union over 3 years
Baker McKenzie is legal adviser to buyer
Cost of treating one individual within system EGP 1,400, says El-Garhy
Negotiations to buy a stake of Amiral Holdings Limited worth $30m: Cherif
Unemployment rate should be reconsidered, Sherif Ismail says
Real Estate transactions at EGP 7.8bn in 9 months without tax, according to the ETA
Sources: The deal is not stalled and will witness positive developments in the coming period
Magdy Makki, director-general of decision support at the Egyptian Customs Authority, said that the procedures of trade facilitation are being discussed with the World Trade Organization (WTO) delegation, as well as Egypt’s offer to facilitate the movement of bilateral trade. He added that during the meeting, facilitation was discussed in relation to the interest and …
We are preparing to end the deal within two weeks, buyer acquires a partial share, according to sources
Khaled Ismail, the director of external relations at Japan Tobacco International (JTI), said the company will continue supplying the market with all its products without any increases in prices. He pointed out that JTI will only increase the price of its products if the government increases the tax on cigarettes. The Eastern Tobacco company raised …
In May, there was an Increase in the interest on Egyptian bonds by 20 basis points in average terms
The IPO procedures allow lawyers to present their bids for the competing investment banks