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The latest on Eastern Co.
New, more competitive terms for the license to establish Egypt’s second major tobacco company could be introduced after several tobacco…
Are things getting ugly in the tobacco industry?
The tender for a license to establish Egypt’s second major tobacco company could face an antitrust probe after several tobacco…
Last Night’s Talk Shows on 23 March 2021
It was a mixed bag of nuts on the airwaves last night, as the talking heads mostly turned their attention…
Eastern’s new tender will be based on point-count bidding
The bidding process for a license to establish Egypt’s second major tobacco company will be assessed on a points system,…
Eastern Company confirms ongoing tender that would (kind of) end its tobacco monopoly
Tobacco monopoly Eastern Company has confirmed we’re about to see a new competitor: Several companies were invited to bid to…
Will Eastern’s monopoly go up in smoke?
Eastern Company’s tobacco monopoly could soon come to an end after the government put a license to manufacture regular and…
How auto’s recovery is playing out in the markets
The EGX30 fell 0.8% at today’s close on turnover of EGP 1.59 bn (8.5% above the 90-day average). Foreign investors…
Cigarette maker Eastern posts record results for 2Q2020-2021
Eastern Company posted a EGP 1.38 bn net profit in 2Q2020-2021, up 19% from the same period last year, according…
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