The sale is part of Egypt’s commitment to meet the conditions of an IMF loan.Read More
Tags :Eastern Co.
The company will supply 50 million more cigarettes daily in an attempt to tame runaway prices. Read More
CEO Hani Aman attributes the hikes to a rise in the cost of raw materials.Read More
Transferring operations makes more sense than investing in existing locations, say the firm. Read More
Starting this month, smokers will have to dig deeper into their pockets to sustain their habit. Read More
Recent improvements in efficiency have resulted in surplus production. Read More
The company is also exploring the potential for reduced-risk products in Egypt. Read More
The license could end Eastern. Co.’s longstanding tobacco monopoly. Read More
The move comes after bidders complained that the license's conditions were too restrictive. Read More
The current ones prevent the winner from competing with the Eastern Co.’s bestselling brand. Read More
