{"id":630308,"date":"2018-04-17T03:54:03","date_gmt":"2018-04-17T03:54:03","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/17\/govt-targets-egp-7-bn-increase-in-tobacco-tax-revenues-in-fy2018-19\/"},"modified":"2018-04-17T03:54:03","modified_gmt":"2018-04-17T03:54:03","slug":"govt-targets-egp-7-bn-increase-in-tobacco-tax-revenues-in-fy2018-19","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/17\/govt-targets-egp-7-bn-increase-in-tobacco-tax-revenues-in-fy2018-19\/","title":{"rendered":"Gov\u2019t targets EGP 7 bn increase in tobacco tax revenues in FY2018-19"},"content":{"rendered":"

Egypt is looking to increase revenues from taxes imposed on tobacco by EGP 7 bn in FY2018-19, according to a document seen by Reuters<\/a>. The government is targeting tobacco taxes of c. EGP 58.5 bn, up from an expected EGP 51.452 bn this fiscal year.<\/p>\n","protected":false},"excerpt":{"rendered":"

Egypt is looking to increase revenues from taxes imposed on tobacco by EGP 7 bn in FY2018-19, according to a document seen by Reuters. The government is targeting tobacco taxes of c. EGP 58.5 bn, up from an expected EGP 51.452 bn this fiscal year.<\/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":[11961],"tags":[72,11960],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-630308","post","type-post","status-publish","format-standard","hentry","category-food-and-consumer","tag-enterpriseam","tag-food-and-consumer","wpautop","entry"],"acf":{"mongo_id":"17d18f9f-d3b7-45d6-8c41-b441d11003ae","order":"0","is_powered_by":true,"section_story_id":"3aea63c2-d3df-48ae-b37f-d3131dfa9367","story_type":"1","photo_url":"","photo_position":"above","related_issue":[630271],"teaser":"","voice_url":""},"yoast_head":"\nGov\u2019t targets EGP 7 bn increase in tobacco tax revenues in FY2018-19 - 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\/04\/17\/govt-targets-egp-7-bn-increase-in-tobacco-tax-revenues-in-fy2018-19\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gov\u2019t targets EGP 7 bn increase in tobacco tax revenues in FY2018-19\" \/>\n<meta property=\"og:description\" content=\"Egypt is looking to increase revenues from taxes imposed on tobacco by EGP 7 bn in FY2018-19, according to a document seen by Reuters. The government is targeting tobacco taxes of c. 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The\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\/2020\/2\/318.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":597312,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/22\/earnings-watch-abu-qir-fertilizers-and-alexandria-mineral-oils\/","url_meta":{"origin":630308,"position":1},"title":"Earnings watch: Abu Qir Fertilizers and Alexandria Mineral Oils","author":"enterpriseam admin","date":"22 July 2019","format":false,"excerpt":"EARNINGS WATCH- Abu Qir Fertilizers FY2018-2019 profits jump 30.5% y-o-y: Abu Qir Fertilizers reported net income of around EGP 3.2 bn in FY2018-2019, compared to EGP 2.4 bn the previous year, the company said in a bourse filing (pdf). Revenues during the year rose 13.7% y-o-y to around EGP 8.6\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":592696,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/04\/earnings-watch-hhd-profits-rise-42-in-fy2018-2019-obour-land-reports-3q-profits\/","url_meta":{"origin":630308,"position":2},"title":"Earnings watch: HHD profits rise 42% in FY2018-2019, Obour land reports 3Q profits","author":"enterpriseam admin","date":"4 November 2019","format":false,"excerpt":"EARNINGS WATCH- Real estate company Heliopolis Housing\u2019s net profit was up 42% in FY2018-2019 to EGP 376.4 mn from EGP 265.4 mn last year, it said in a statement on the EGX (pdf). The company\u2019s revenues rose to EGP 1.1 bn during the year. Heliopolis is presently looking to sell\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":628465,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/06\/house-budget-committee-holds-hearings-with-ministers-on-fy2018-19-budget\/","url_meta":{"origin":630308,"position":3},"title":"House Budget Committee holds hearings with ministers on FY2018-19 budget","author":"enterpriseam admin","date":"6 May 2018","format":false,"excerpt":"BUDGET WATCH- House Budget Committee holds hearings with ministers on FY2018-19 budget: The House of Representatives\u2019 Budget Committee held a series of hearings on Saturday with cabinet ministers to discuss the FY2018-19 budget. Finance Minister Amr El Garhy spoke about his optimism on the state of the economy and the\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":569330,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/20\/569330\/","url_meta":{"origin":630308,"position":4},"title":"CORRECTION- We incorrectly stated in\u2026","author":"enterpriseam admin","date":"20 February 2020","format":false,"excerpt":"CORRECTION- We incorrectly stated in our analysis of the EGP yesterday that annual tourism revenues rose from EGP 3.5 bn to USD 12.6 bn since 2015. Revenues increased from USD 3.5 bn, not EGP 3.5 bn. We also have amended the export figures, which rose from USD 7 bn in\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":594546,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/01\/amoc-earnings-tank-in-fy2018-2019\/","url_meta":{"origin":630308,"position":5},"title":"AMOC earnings tank in FY2018-2019","author":"enterpriseam admin","date":"1 September 2019","format":false,"excerpt":"EARNINGS WATCH- AMOC earnings tank in FY2018-2019: Alexandria Mineral Oils Company\u2019s (AMOC) net profits fell 69.7% y-o-y to EGP 450 mn during FY2018-2019 due to increased sales costs, the company said in an EGX disclosure (pdf). 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