{"id":637791,"date":"2017-11-26T03:57:46","date_gmt":"2017-11-26T03:57:46","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/26\/new-cigarette-prices-signed-into-law-officially-come-into-effect\/"},"modified":"2017-11-26T03:57:46","modified_gmt":"2017-11-26T03:57:46","slug":"new-cigarette-prices-signed-into-law-officially-come-into-effect","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/26\/new-cigarette-prices-signed-into-law-officially-come-into-effect\/","title":{"rendered":"New cigarette prices signed into law, officially come into effect"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-06\"><\/a> <strong>New cigarette prices signed into law:<\/strong> President Abdel Fattah El Sisi officially signed into law on Thursday the latest tax increase on cigarettes, <a href=\"https:\/\/alborsanews.com\/2017\/11\/23\/1067345\">Al Borsa reports<\/a>. 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 will be taxed EGP 5.50 and those sold at more than EGP 30 will be taxed EGP 6.50. The old fixed tax rates were EGP 2.75, EGP 4.25, and EGP 5.25, respectively.<\/p>\n<p><strong>Eastern Company and Philip Morris each released a list of their new cigarette prices<\/strong> following the implementation of the tax increases. A pack of Merit will now retail for EGP 35, while Marlboro and L&M cigarettes now cost EGP 34 and EGP 27 per pack, respectively, Philip Morris announced, <a href=\"http:\/\/almalnews.com\/Story\/354301\/14\/%D9%81%D9%8A%D9%84%D9%8A%D8%A8-%D9%85%D9%88%D8%B1%D9%8A%D8%B3-%D9%85%D8%B5%D8%B1-%D8%AA%D8%B9%D9%84%D9%86-%D8%A3%D8%B3%D8%B9%D8%A7%D8%B1-%D9%85%D9%86%D8%AA%D8%AC%D8%A7%D8%AA%D9%87%D8%A7-%D9%85%D9%86-%D8%A7%D9%84%D8%B3%D8%AC%D8%A7%D8%A6%D8%B1\">Al Mal reports<\/a>. The new prices came into effect on Friday. Eastern Company\u2019s cheapest offering now sells for EGP 14 a pack, up from EGP 11.50 before the implementation of the tax increase, the company <a href=\"http:\/\/www.egx.com.eg\/downloads\/News\/%D8%AA%D8%B9%D8%AF%D9%8A%D9%84%20%D8%A3%D8%B3%D8%B9%D8%A7%D8%B1%20%D8%A8%D9%8A%D8%B9%20%D9%84%D9%84%D9%85%D8%B3%D8%AA%D9%87%D9%84%D9%83%20%D9%84%D8%A8%D8%B9%D8%B6%20%D9%85%D9%86%D8%AA%D8%AC%D8%A7%D8%AA%20%D8%A7%D9%84%D8%B4%D8%B1%D9%83%D8%A9.pdf\">announced in a new price list issued to the EGX<\/a>. Arqaam Capital economist Reham El Desoki says the cigarette price increases will not have a significant impact on inflation rates as tobacco only has a 2% weighting in the consumer price index, <a href=\"https:\/\/ara.reuters.com\/article\/businessNews\/idARAKBN1DN0NY\">according to Reuters<\/a>. The newswire notes that Eastern Company has a 70% market share domestically.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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 will be taxed EGP 5.50 [&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":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-637791","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"e42fc213-8941-4c13-a533-ace51659d02f","order":"0","is_powered_by":true,"section_story_id":"e168768a-4a32-449a-90fd-9989684f222a","story_type":"1","photo_url":"","photo_position":"above","related_issue":[637778],"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>New cigarette prices signed into law, officially come into effect - 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\/2017\/11\/26\/new-cigarette-prices-signed-into-law-officially-come-into-effect\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New cigarette prices signed into law, officially come into effect\" \/>\n<meta property=\"og:description\" content=\"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 will be taxed EGP 5.50 [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/26\/new-cigarette-prices-signed-into-law-officially-come-into-effect\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-11-26T03:57:46+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\/2017\/11\/26\/new-cigarette-prices-signed-into-law-officially-come-into-effect\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/26\/new-cigarette-prices-signed-into-law-officially-come-into-effect\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"New cigarette prices signed into law, officially come into effect\",\"datePublished\":\"2017-11-26T03:57:46+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/26\/new-cigarette-prices-signed-into-law-officially-come-into-effect\/\"},\"wordCount\":218,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/26\/new-cigarette-prices-signed-into-law-officially-come-into-effect\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/26\/new-cigarette-prices-signed-into-law-officially-come-into-effect\/\",\"name\":\"New cigarette prices signed into law, officially come into effect - 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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 &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":596731,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/07\/egypts-finmin-studies-increased-tax-rates-for-cigarettes\/","url_meta":{"origin":637791,"position":1},"title":"Egypt\u2019s FinMin studies increased tax rates for cigarettes","author":"enterpriseam admin","date":"7 July 2019","format":false,"excerpt":"EXCLUSIVE- Cigarette prices may rise soon thanks to a potential tax increase: The Finance Ministry is studying a proposal to increase the fixed tax on cigarette packs, two government sources told Enterprise over the weekend. The increase could range between EGP 1.5 to 2, the sources estimate. As the law\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":569457,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/25\/amendments-to-vat-tax-act-to-raise-sin-tax-in-egypt\/","url_meta":{"origin":637791,"position":2},"title":"Amendments to VAT Tax Act to raise sin tax in Egypt","author":"enterpriseam admin","date":"25 February 2020","format":false,"excerpt":"LEGISLATION WATCH- Amendments to VAT Tax Act raises sin tax on tobacco products, imposes brand new taxes on e-cigs: Official tobacco prices will climb by varying rates on the back of amendments to the VAT Tax Act given a final nod by the House of Representatives yesterday, reports Masrawy. The\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":647763,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/18\/eastern-company-pmi-agree-on-new-prices-for-cigarette-production\/","url_meta":{"origin":637791,"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 &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":637726,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/23\/cigarette-price-increase-to-take-into-account-existing-fixed-tax\/","url_meta":{"origin":637791,"position":4},"title":"Cigarette price increase to take into account existing fixed tax","author":"enterpriseam admin","date":"23 November 2017","format":false,"excerpt":"CORRECTION- Cigarette prices could see a net increase of EGP 0.75 for packs costing less than EGP 18, EGP 1.25 for those sold for EGP 18-30, and EGP 1.25 for packs sold for more than 30. The new increases represent a rise in the fixed tax per pack. The old\u2026","rel":"","context":"In &quot;What We're Tracking Today&quot;","block_context":{"text":"What We're Tracking Today","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-today\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":673373,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/10\/12\/vat-hike-on-cigarettes-coming-soon\/","url_meta":{"origin":637791,"position":5},"title":"VAT hike on cigarettes coming soon","author":"enterpriseam admin","date":"12 October 2025","format":false,"excerpt":"The VAT amendments were ratified in July","rel":"","context":"In &quot;Tax&quot;","block_context":{"text":"Tax","link":"https:\/\/enterpriseam.com\/egypt\/category\/tax\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/10\/503.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\/637791","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=637791"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/637791\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/637778"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=637791"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=637791"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=637791"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=637791"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=637791"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}