{"id":557544,"date":"2021-09-22T03:59:37","date_gmt":"2021-09-22T03:59:37","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/22\/jti-proposes-new-changes-for-tobacco-license\/"},"modified":"2021-09-22T03:59:37","modified_gmt":"2021-09-22T03:59:37","slug":"jti-proposes-new-changes-for-tobacco-license","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/22\/jti-proposes-new-changes-for-tobacco-license\/","title":{"rendered":"JTI proposes new changes for tobacco license"},"content":{"rendered":"<p><strong>Japan Tobacco International <\/strong><strong>(JTI)<\/strong> <strong>is still lobbying to<\/strong><strong> amend the contentious tender to <\/strong><strong>offer additional licenses to sell tobacco products<\/strong>, proposing that either the government separates e-cigarettes from traditional cigarettes \u2014 <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/1888f67e-febb-4bac-8006-e9eb843303e8\">as we reported last month<\/a> \u2014 or offer multiple licenses, <a href=\"https:\/\/bit.ly\/3u5bRjZ\">Al Mal<\/a> reports.<\/p>\n<p><strong>Other things we\u2019re keeping an eye on this morning:<\/strong><\/p>\n<ul>\n<li><strong>CIB <\/strong>has signed a five-year partnership agreement with <strong>Visa<\/strong> to <strong>support SMEs <\/strong>by offering Visa banking services to CIB\u2019s SME clients<strong>,<\/strong> <a href=\"https:\/\/tinyurl.com\/2hzhh6pt\">Hapi Journal<\/a> reports citing a statement from the bank.<\/li>\n<li><strong>The National Bank of Egypt (NBE) has received a license to accept <\/strong><strong>payments through its mobile application \u201cTap on Phone,\u201d <\/strong>the bank announced in a <a href=\"https:\/\/ent.news\/2021\/9\/NBE-Statement.pdf\">statement (pdf)<\/a>. This will allow suppliers to use the application to collect payments, instead of the traditional electronic point of sale methods<\/li>\n<li><strong>Egyptians living and working abroad could soon have access to a new life <\/strong><strong>ins. policy<\/strong>, to be developed by the Immigration Ministry, the Financial Regulatory Authority, and the Ins. Federation of Egypt under the terms of an <a href=\"https:\/\/bit.ly\/2VWCGKH\">MoU<\/a>. A EGP 100k ins. policy will have a <a href=\"https:\/\/bit.ly\/39xpezP\">EGP 100 annual premium<\/a>. <\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Japan Tobacco International (JTI) is still lobbying to amend the contentious tender to offer additional licenses to sell tobacco products, proposing that either the government separates e-cigarettes from traditional cigarettes \u2014 as we reported last month \u2014 or offer multiple licenses, Al Mal reports. Other things we\u2019re keeping an eye on this morning: CIB has [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7209],"tags":[111,240,72,289,287,7401,666],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-557544","post","type-post","status-publish","format-standard","hentry","category-also-on-our-radar","tag-also-on-our-radar","tag-cib","tag-enterpriseam","tag-industrial-development-authority","tag-smes","tag-tobacco","tag-visa","wpautop","entry"],"acf":{"mongo_id":"ae415030-39c6-43f9-a63f-369b8530cea8","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[557524],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>JTI proposes new changes for tobacco license - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/22\/jti-proposes-new-changes-for-tobacco-license\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"JTI proposes new changes for tobacco license\" \/>\n<meta property=\"og:description\" content=\"Japan Tobacco International (JTI) is still lobbying to amend the contentious tender to offer additional licenses to sell tobacco products, proposing that either the government separates e-cigarettes from traditional cigarettes \u2014 as we reported last month \u2014 or offer multiple licenses, Al Mal reports. Other things we\u2019re keeping an eye on this morning: CIB has [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/22\/jti-proposes-new-changes-for-tobacco-license\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2021-09-22T03:59:37+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/22\/jti-proposes-new-changes-for-tobacco-license\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/22\/jti-proposes-new-changes-for-tobacco-license\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"JTI proposes new changes for tobacco license\",\"datePublished\":\"2021-09-22T03:59:37+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/22\/jti-proposes-new-changes-for-tobacco-license\/\"},\"wordCount\":186,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"ALSO ON OUR RADAR\",\"CIB\",\"EnterpriseAM\",\"Industrial Development Authority\",\"SMEs\",\"tobacco\",\"Visa\"],\"articleSection\":[\"Also on our Radar\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/22\/jti-proposes-new-changes-for-tobacco-license\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/22\/jti-proposes-new-changes-for-tobacco-license\/\",\"name\":\"JTI proposes new changes for tobacco license - 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JTI says it aims to increase its market share in all price segments.","rel":"","context":"In &quot;Basic Materials + Commodities&quot;","block_context":{"text":"Basic Materials + Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/basic-materials-commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":553523,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/07\/tobacco-tender-is-back-on\/","url_meta":{"origin":557544,"position":2},"title":"Tobacco tender is back on","author":"enterpriseam admin","date":"7 December 2021","format":false,"excerpt":"Bringing a new tobacco competitor into the market, take three: The Industrial Development Authority (IDA) has relaunched a tender for a license to manufacture cigarettes, potentially ending the historical monopoly by state-owned Eastern Company, Masrawy reports. The license would allow for the establishment of Egypt\u2019s second major tobacco company, entering\u2026","rel":"","context":"In &quot;Manufacturing&quot;","block_context":{"text":"Manufacturing","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/manufacturing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/12\/243.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":562706,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/06\/03\/the-tobacco-license-tender-may-be-back-on-again\/","url_meta":{"origin":557544,"position":3},"title":"The tobacco license tender may be back on again","author":"enterpriseam admin","date":"3 June 2021","format":false,"excerpt":"Revised terms for the license to establish Egypt\u2019s second major tobacco company have been handed to four local tobacco companies, according to a document seen by Reuters. The conditions booklet for the tender \u2014 which is set to end Eastern Tobacco\u2019s historical monopoly over the sector \u2014 has been redrafted\u2026","rel":"","context":"In &quot;COMPETITION WATCH&quot;","block_context":{"text":"COMPETITION WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/competition-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/6\/46.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":557475,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/20\/we-could-soon-see-more-german-tourists-in-the-red-sea-luxor\/","url_meta":{"origin":557544,"position":4},"title":"We could soon see more German tourists in the Red Sea, Luxor","author":"enterpriseam admin","date":"20 September 2021","format":false,"excerpt":"We could soon see more German tourists in the Red Sea, Luxor: Flights between Germany and Sharm El Sheikh and Luxor could resume by mid-December, an official at the World Tourism Organization has claimed in an interview with Al Mal. WTO economic adviser and member of the UN Economic Commission\u2026","rel":"","context":"In &quot;Also on our Radar&quot;","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":558237,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/02\/good-news-for-fdi-watchers\/","url_meta":{"origin":557544,"position":5},"title":"Good news for FDI watchers","author":"enterpriseam admin","date":"2 August 2021","format":false,"excerpt":"Tobacco giant Philip Morris is among several tobacco companies with local operations that are said to be interested in bidding for a license to set up Egypt\u2019s second tobacco company, Federation of Egyptian Industries\u2019 (FEI) cigarettes division Head Ibrahim Embaby told Al Mal. The period during which companies could submit\u2026","rel":"","context":"In &quot;Investment Watch&quot;","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/8\/51.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/557544","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=557544"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/557544\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/557524"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=557544"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=557544"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=557544"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=557544"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=557544"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}