{"id":630731,"date":"2018-04-30T04:15:34","date_gmt":"2018-04-30T04:15:34","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/30\/pmi-raises-merit-cigarette-prices-to-egp-37-from-egp-34\/"},"modified":"2018-04-30T04:15:34","modified_gmt":"2018-04-30T04:15:34","slug":"pmi-raises-merit-cigarette-prices-to-egp-37-from-egp-34","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/30\/pmi-raises-merit-cigarette-prices-to-egp-37-from-egp-34\/","title":{"rendered":"PMI raises Merit cigarette prices to EGP 37 from EGP 34"},"content":{"rendered":"

Philip Morris International (PMI) has raised the price of its cigarette brand Merit to EGP 37 from EGP 34 per pack, Youm 7 reports<\/a>. The company\u2019s other brands, Marlboro, L&M, and Next remain unaffected by the price increase.<\/p>\n","protected":false},"excerpt":{"rendered":"

Philip Morris International (PMI) has raised the price of its cigarette brand Merit to EGP 37 from EGP 34 per pack, Youm 7 reports. The company\u2019s other brands, Marlboro, L&M, and Next remain unaffected by the price increase.<\/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-630731","post","type-post","status-publish","format-standard","hentry","category-basic-materials-commodities","tag-basic-materials-commodities","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"9c356e9e-b67c-44ff-9037-aa9f7f7c644f","order":"0","is_powered_by":true,"section_story_id":"ba1ad356-0a22-473c-8ec4-1b12ab632193","story_type":"1","photo_url":"","photo_position":"above","related_issue":[630697],"teaser":"","voice_url":""},"yoast_head":"\nPMI raises Merit cigarette prices to EGP 37 from EGP 34 - 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\/30\/pmi-raises-merit-cigarette-prices-to-egp-37-from-egp-34\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PMI raises Merit cigarette prices to EGP 37 from EGP 34\" \/>\n<meta property=\"og:description\" content=\"Philip Morris International (PMI) has raised the price of its cigarette brand Merit to EGP 37 from EGP 34 per pack, Youm 7 reports. The company\u2019s other brands, Marlboro, L&M, and Next remain unaffected by the price increase.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/30\/pmi-raises-merit-cigarette-prices-to-egp-37-from-egp-34\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-04-30T04:15:34+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<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/30\/pmi-raises-merit-cigarette-prices-to-egp-37-from-egp-34\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/30\/pmi-raises-merit-cigarette-prices-to-egp-37-from-egp-34\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"PMI raises Merit cigarette prices to EGP 37 from EGP 34\",\"datePublished\":\"2018-04-30T04:15:34+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/30\/pmi-raises-merit-cigarette-prices-to-egp-37-from-egp-34\/\"},\"wordCount\":46,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Basic Materials + Commodities\",\"EnterpriseAM\"],\"articleSection\":[\"Basic Materials + Commodities\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/30\/pmi-raises-merit-cigarette-prices-to-egp-37-from-egp-34\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/30\/pmi-raises-merit-cigarette-prices-to-egp-37-from-egp-34\/\",\"name\":\"PMI raises Merit cigarette prices to EGP 37 from EGP 34 - 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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\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":630731,"position":1},"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":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":630731,"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":626581,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/05\/eastern-company-raises-local-cigarette-prices-by-egp-3-25-per-pack\/","url_meta":{"origin":630731,"position":3},"title":"Eastern Company raises local cigarette prices by EGP 3.25 per pack","author":"enterpriseam admin","date":"5 July 2018","format":false,"excerpt":"The Eastern Tobacco Company hiked prices of four of its local cigarette products by EGP 2.00-3.25 per pack, according to a company statement picked up by the local press. The company leaned on the recent hike in fuel prices to justify the increases.","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":651570,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/15\/eastern-company-says-pmi-owes-it-usd-78-2-mn\/","url_meta":{"origin":630731,"position":4},"title":"Eastern Company says PMI owes it USD 78.2 mn","author":"enterpriseam admin","date":"15 February 2017","format":false,"excerpt":"The Eastern Company for tobacco said it is owed USD 78.2 mn from Philip Morris International (PMI) for manufacturing in 1Q2016-17 as well as EGP 33.5 mn in sales tax due for 1H2016-17, according to Al Mal. Eastern Company says it paid taxes on behalf of PMI but was not\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":652044,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/27\/house-industry-committee-forces-pmi-to-repay-eastern-companys-arrears-in-usd\/","url_meta":{"origin":630731,"position":5},"title":"House Industry Committee forces PMI to repay Eastern Company\u2019s arrears in USD","author":"enterpriseam admin","date":"27 February 2017","format":false,"excerpt":"Philip Morris International (PMI) will be forced to pay the Eastern Company for tobacco seven months of arrears worth USD 78.2 mn in USD, rather than in EGP, the House Industry Committee decided on Sunday, according to an unnamed parliamentary source. 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