{"id":648374,"date":"2017-04-02T04:11:00","date_gmt":"2017-04-02T04:11:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/02\/6-egp-bn-lost-as-12-of-cigarettes-in-egypt-are-smuggled-pmi-egypt\/"},"modified":"2017-04-02T04:11:00","modified_gmt":"2017-04-02T04:11:00","slug":"6-egp-bn-lost-as-12-of-cigarettes-in-egypt-are-smuggled-pmi-egypt","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/02\/6-egp-bn-lost-as-12-of-cigarettes-in-egypt-are-smuggled-pmi-egypt\/","title":{"rendered":"6 EGP bn lost as 12% of cigarettes in Egypt are smuggled -PMI Egypt"},"content":{"rendered":"

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<\/a>. 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 targets bringing EGP 49.7 bn in to the state treasury in FY2017-18, up from EGP 34.1 bn in FY2016-17.<\/p>\n","protected":false},"excerpt":{"rendered":"

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 targets bringing EGP 49.7 bn […]<\/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-648374","post","type-post","status-publish","format-standard","hentry","category-basic-materials-commodities","tag-basic-materials-commodities","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"6eb2d680-d3ce-4c6c-a696-654394d7c527","order":"0","is_powered_by":true,"section_story_id":"ab817f65-3da4-429a-8de6-24613c1b940f","story_type":"1","photo_url":"","photo_position":"above","related_issue":[648344],"teaser":"","voice_url":""},"yoast_head":"\n6 EGP bn lost as 12% of cigarettes in Egypt are smuggled -PMI Egypt - 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\/04\/02\/6-egp-bn-lost-as-12-of-cigarettes-in-egypt-are-smuggled-pmi-egypt\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"6 EGP bn lost as 12% of cigarettes in Egypt are smuggled -PMI Egypt\" \/>\n<meta property=\"og:description\" content=\"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. 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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":622667,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/09\/pmi-raises-merit-and-marlboro-cigarette-prices-by-egp-2\/","url_meta":{"origin":648374,"position":1},"title":"PMI raises Merit and Marlboro cigarette prices by EGP 2","author":"enterpriseam admin","date":"9 October 2018","format":false,"excerpt":"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\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":638575,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/09\/eastern-company-sold-83-bn-cigarettes-in-egypt-last-fy\/","url_meta":{"origin":648374,"position":2},"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. Eastern Company exported EGP 103.5 mn worth\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":649127,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/23\/study-on-local-tobacco-cultivation-underway-to-be-completed-by-mid-may\/","url_meta":{"origin":648374,"position":3},"title":"Study on local tobacco cultivation underway to be completed by mid-May","author":"enterpriseam admin","date":"23 April 2017","format":false,"excerpt":"A comprehensive study of tobacco cultivation in Egypt will be ready by mid-May, Chemical Industries Holding Company chairman Yasser El Naggar says, Ahram Gate reports. Cultivation in Wadi Al Natrun is being considered. 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