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What’s up with the tobacco license tender?
The tender for a license to set up Egypt’s second tobacco company appears to be scheduled to go ahead later…
Up in smoke
Egypt puts tender for tobacco license on ice: The Industrial Development Authority (IDA) has shelved a tender for a license…
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…
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,…
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…
El Saidy Tobacco acquires Americana Egypt’s International Tobacco
M&A WATCH- El Saidy Tobacco has acquired Americana Egypt subsidiary International Tobacco, Prime Holding — which managed the transaction and…
Eastern Company profits down 21% in 4Q2019-2020
EARNINGS WATCH- Eastern Company reported net profits of EGP 663 mn in 4Q2019-2020, down 21% from EGP 837 mn last…
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