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IDH, TMG, Eastern Company report 1Q earnings
TMG saw a sixfold increase in its net income
The details of Philip Morris’ Eastern Company stake acquisition. PLUS: News from Azza Fahmy, cabinet, INA
Philip Morris snapped up 49% of the UK-registered UK Egypt Investments Holding Limited, the sole owner of Global Investment Holding
South Africa’s Standard Bank Group to set up Egypt office in 2024. PLUS: BP projects float impact, EBRD funds SMEs, Eastern hikes smoke prices, Arabia Hotels builds new Giza Pyramids hotel
The South African bank’s presence in Egypt will allow the bank “to capitalize on the significant emergence of the Gulf-sub…
Tobacco distributors can hike their prices by up to 12%. PLUS: News from Halan, Post for Investment, Al Gaweesh Group
Tobacco distributor hiked their prices earlier this year
Philip Morris raises cigarette prices by up to 18%
Good morning, everyone. We have a relatively compact issue for you this morning, led by IMF Managing Director Kristalina Georgieva’s…
Tobacco distributors file antitrust complaint against Eastern and its new UAE shareholder
Eastern is allegedly refusing to manufacture their products
Amr Adib takes aim at the EGP and sugar price hikes
The EGP fell even further against the USD in the parallel market to a record low
Philip Morris hikes cigarette prices by up to 20%
Good morning, wonderful people, and happy hump day to you all. We have a packed issue for you this morning,…
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