{"id":622667,"date":"2018-10-09T04:35:02","date_gmt":"2018-10-09T04:35:02","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/09\/pmi-raises-merit-and-marlboro-cigarette-prices-by-egp-2\/"},"modified":"2018-10-09T04:35:02","modified_gmt":"2018-10-09T04:35:02","slug":"pmi-raises-merit-and-marlboro-cigarette-prices-by-egp-2","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/09\/pmi-raises-merit-and-marlboro-cigarette-prices-by-egp-2\/","title":{"rendered":"PMI raises Merit and Marlboro cigarette prices by EGP 2"},"content":{"rendered":"

Philip Morris International (PMI) has increased the price of its red and gold Marlboro varieties and all Merit-branded cigarettes, according to Ahram Online<\/a>. A pack of Merit cigarettes will retail at EGP 42, up from EGP 40, while the price for a pack of Marlboro was raised to EGP 39 from EGP 37. PMI\u2019s Marlboro medium, L&M, and next cigarettes were unaffected by the hike, which is the company\u2019s second since the government raised the sin tax in July<\/a> by EGP 0.75.<\/p>\n","protected":false},"excerpt":{"rendered":"

Philip Morris International (PMI) has increased the price of its red and gold Marlboro varieties and all Merit-branded cigarettes, according to Ahram Online. A pack of Merit cigarettes will retail at EGP 42, up from EGP 40, while the price for a pack of Marlboro was raised to EGP 39 from EGP 37. PMI\u2019s Marlboro […]<\/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":[9309],"tags":[2416,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-622667","post","type-post","status-publish","format-standard","hentry","category-basic-materials-commodities","tag-basic-materials-commodities","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"516f220b-6c4a-4d2d-8f11-f670a129dc9d","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","full_issue_title":"PMI raises Merit and Marlboro cigarette prices by EGP 2","related_issue":[622639],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/6\/.b332e039-959e-481a-9c74-e0dda9212e9e.mp3"},"yoast_head":"\nPMI raises Merit and Marlboro cigarette prices by EGP 2 - 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\/2018\/10\/09\/pmi-raises-merit-and-marlboro-cigarette-prices-by-egp-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PMI raises Merit and Marlboro cigarette prices by EGP 2\" \/>\n<meta property=\"og:description\" content=\"Philip Morris International (PMI) has increased the price of its red and gold Marlboro varieties and all Merit-branded cigarettes, according to Ahram Online. A pack of Merit cigarettes will retail at EGP 42, up from EGP 40, while the price for a pack of Marlboro was raised to EGP 39 from EGP 37. 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The company\u2019s other brands, Marlboro, L&M, and Next remain unaffected by the price increase.","rel":"","context":"In "Basic Materials + Commodities"","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":637791,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/26\/new-cigarette-prices-signed-into-law-officially-come-into-effect\/","url_meta":{"origin":622667,"position":1},"title":"New cigarette prices signed into law, officially come into effect","author":"enterpriseam admin","date":"26 November 2017","format":false,"excerpt":"New cigarette prices signed into law: President Abdel Fattah El Sisi officially signed into law on Thursday the latest tax increase on cigarettes, Al Borsa reports. Fixed tax rates for cigarettes sold for less than EGP 18 now stand at EGP 3.50, while cigarettes costing between EGP 18 and 30\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":648374,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/02\/6-egp-bn-lost-as-12-of-cigarettes-in-egypt-are-smuggled-pmi-egypt\/","url_meta":{"origin":622667,"position":2},"title":"6 EGP bn lost as 12% of cigarettes in Egypt are smuggled -PMI Egypt","author":"enterpriseam admin","date":"2 April 2017","format":false,"excerpt":"Smuggled cigarettes cost the treasury over EGP 6 bn in unearned revenue, Philip Morris International-Egypt (PMI) said in a statement, according to Al Borsa. The volume of smuggled and unlicensed cigarettes in Egypt account over 12% of all those consumed, PMI explained. Al Borsa notes that local manufacturer Eastern Company\u2026","rel":"","context":"In "Basic Materials + Commodities"","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":647763,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/18\/eastern-company-pmi-agree-on-new-prices-for-cigarette-production\/","url_meta":{"origin":622667,"position":3},"title":"Eastern Company, PMI agree on new prices for cigarette production","author":"enterpriseam admin","date":"18 May 2017","format":false,"excerpt":"The Eastern Tobacco Company will be producing up to 15 bn cigarettes for Philip Morris International at USD 5.8 per 1,000 units and between 15-22 bn cigarettes at USD 6.2 per 1,000 cigarettes, the company said in a regulatory filing (pdf) on Wednesday. Philip Morris will pay Eastern Company in\u2026","rel":"","context":"In "Basic Materials + Commodities"","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":596020,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/18\/eastern-tobacco-raises-prices-of-some-products\/","url_meta":{"origin":622667,"position":4},"title":"Eastern Tobacco raises prices of some products","author":"enterpriseam admin","date":"18 August 2019","format":false,"excerpt":"Eastern Tobacco raised the prices of its Mundial and Black Label cigarettes by EGP 1, the company said in a bourse filing (pdf). Mundial cigarettes now cost EGP 17.5 per pack and Black Label costs EGP 23 per pack. The increase is due to VAT, the company said.","rel":"","context":"In "Basic Materials + Commodities"","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":638575,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/09\/eastern-company-sold-83-bn-cigarettes-in-egypt-last-fy\/","url_meta":{"origin":622667,"position":5},"title":"Eastern Company sold 83 bn cigarettes in Egypt last FY","author":"enterpriseam admin","date":"9 October 2017","format":false,"excerpt":"Egyptians smoked EGP 36.7 bn-worth of cigarettes in FY 2016-17, up form EGP 28.5 bn a year earlier, data from Eastern Company showed. The company increased its production output to 83 bn cigarettes from 80 bn a year earlier, the data also showed. 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