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Exclusive | Eastern Company sets sights on global markets via UAE investor-backed plan

Eastern Company aims to introduce its products to international markets as part of its expansion plan for the upcoming three to five years, the company’s Chairman Hany Aman said in an exclusive statement to Arab Finance on May 14th.

Updated 5/14/2024 10:16:00 AM
UAE's Global Investments Holding finalizes acquisition of 30% stake in Eastern Company

Established in 1920, the company manufactures tobacco products, such as cigarettes, cigars, pipe tobacco, and molasses tobacco (Moassels), as well as other related products, such as cigarettes’ filter rods and homogenized tobacco.

Updated 11/16/2023 12:37:00 PM
UAE’s Global Investment acquires 30% stake in Eastern Company

UAE-based Global Investment Holding has signed a $625 million, equivalent to EGP 19.337 billion, deal to acquire a 30% stake in Eastern Company.

Updated 9/4/2023 7:20:00 AM