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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
Eastern to acquire 24% of Egypt’s second tobacco manufacturer
It’s official: Eastern will acquire a quarter of Egypt’s second tobacco manufacturer after the company’s general assembly approved the EGP…
Emerging-market currencies see biggest losses since 2020
EM currencies see biggest losses since 2020: Emerging-market currencies are suffering as investors pull out of risk assets in response…
Philip Morris strikes an agreement on local tobacco manufacturing with Eastern
Eastern agrees to let Philip Morris make smokes in Egypt: The Egyptian arm of tobacco giant Philip Morris is on…
New tobacco license terms
The tobacco industry is less than pleased with the latest set of conditions for a license to manufacture cigarettes, which…
Also on our radar on 7 December 2020
Egypt aims to raise local wheat production to 3.5 mn feddans this season, up slightly from 3.4 mn feddans last…
Philip Morris launches anti-smoking campaign in the UK
When the Marlboro Man tells you it’s time to quit smoking… Tobacco giant Philip Morris has launched an anti-smoking campaign…
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