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Philip Morris mulls minority stake in Eastern Company -Asharq Business
Eastern and the Philip Morris subsidiary are the only two local cigarette manufacturers
Smokes + blackouts on the airwaves
It’s not clear whether the new administrative capital is seeing blackouts
Eastern Company cancels heated tobacco investment to conserve FX
Eastern is saving its hard currency to produce cigarettes amid the FX crunch
Earnings watch: Telecom Egypt, MM Group, Housing and Development Bank, Raya Holding, Eastern Company, and Abu Qir Fertilizers report results
EARNINGS WATCH- Telecom Egypt reported EGP 4.1 bn in normalized net income in 1Q 2023, rising 144% y-o-y, according to…
So. Many. Earnings.
More robust results as we go down to the wire on earnings season: Yesterday saw another flurry of earnings releases…
Earnings watch: Eastern Company + CIB to move forward with capital increase
EARNINGS WATCH- Eastern Company’s net income after tax dropped 6% y-o-y to EGP 4.0 bn in FY 2021-2022, according to…
valU wants you to shop by WhatsApp and we have new solar plants coming online in Sharm this October
A bidding round for Borg El Arab dry port? A consortium led by Alpha Capital is reportedly among companies planning…
Holy smokes
Shifting producer dynamics are shaking up the normally staid cigarette industry on this early September morning. Eastern Company reportedly plans…
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