Tag: Eastern Company

Philip Morris International acquires 14.7% stake in Egypt’s largest cigarette maker Eastern Company

Philip Morris International (PMI) has acquired a 14.7% minority stake in Eastern…

Daily News Egypt Daily News Egypt

Eastern Company adjusts cigarette pricing following currency exchange shift

In response to the recent liberalisation of the exchange rate, Eastern Company…

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Eastern Company revenues surge 54% in Q2 FY24 to EGP 4.8bn 

The Eastern Company announced robust financial results for the second quarter (Q2)…

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Eastern Company reports 90% increase in net profits for FY 2022/23

Eastern Company, the leading tobacco producer in Egypt, announced its consolidated financial…

Fatma Salah Fatma Salah

Two Emirati businessmen are now stakeholders in Eastern Company

Global Investments Holding Ltd, a company owned by Emirati businessmen Mohamed Alabbar…

Fatma Salah Fatma Salah

Eastern Company stake sale to be completed by mid-2024

The government is expected to finalize the sale of a stake in…

Daily News Egypt Daily News Egypt

Eastern Company reports EGP 14.6bn sales in 3Q 2022/23

Company adopts new strategy to face current challenges

Fatma Salah Fatma Salah

Eastern Company increases price of 10 popular types of cigarettes

The new prices are scheduled to be applied starting Sunday, September 4th,…

Fatma Salah Fatma Salah

Qatar Investment Authority in talks for stakes in Alexandria Containers, Eastern Company

$20bn Qatari investments are on the way to Egypt: Sources

Fatma Salah Fatma Salah

Eastern Company to inject EGP 24m into capital of United Tobacco

The deal required approving the printing contract with the United Tobacco Company…

Fatma Salah Fatma Salah