Eastern Company’s board has approved new prices for its cigarette products, effective as of Friday, July 18.

Philip Morris Egypt has updated the prices of its cigarettes and heated tobacco products, following the most recent price increase that officially took effect in the Egyptian market.

Eastern Company’s board has set new prices for its cigarette products, applicable as of Tuesday, November 5th.

Eastern Company is seeking to purchase quantities of raw tobacco worth up to $1.2 billion to secure its needs for the next two years.

hilip Morris International’s recent acquisition of an 14.7% indirect minority stake in Eastern Company marks a significant opportunity for cooperation between the two largest cigarette makers in the region.

Japan Tobacco International (JTI) has updated the prices of its traditional cigarette products in Egypt.

Eastern Company has raised the prices of its products by up to 15%, applicable as of Sunday, April 14th, Al Borsa News reported, citing a statement by the tobacco maker.

Egypt has given the green light for cigarette companies to bump up prices by 12%, Asharq Business reported, citing a government document.

Eastern Company has raised the prices of its products, applicable as of February 18th.

Philip Morris Misr has raised the prices of its products in the local market.

The multinational tobacco company Philip Morris International has raised the prices of its products in Egypt.

Eastern Company has raised the prices of 11 popular cigarettes by 12.5% to 33%, applicable as of November 8th, Head of the Tobacco and Cigarette Division at the Federation of Egyptian Industries (FEI) Ibrahim Imbabi said.

The House of Representatives has adopted a government-drafted amendment to the value-added tax (VAT) law No.67 of 2016, under which an additional tax on local tobacco products is imposed.

Eastern Company’s (EAST) revenues are expected to grow by nearly 78%, with an average increase of 16.9% year on year (YoY) in prices throughout six-year period until fiscal year (FY) 2027/2028.

Eastern Company (EAST) has abandoned the plan to invest in heated tobacco production lines in light of the country's lack of foreign currency.

Eastern Company is an Egypt-based company, which is engaged in manufacturing tobacco products. The company’s product portfolio includes cigarettes, cigars, pipe tobacco, and molasses tobacco, as well as other related products such as cigarettes’ filter rods and homogenized tobacco.