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Eastern Tobacco says cigarette prices unchanged

Eastern Tobacco says cigarette prices unchanged
Eastern Tobacco premises (Photo Credit: company website)
Eastern Co
EAST
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Cairo – Mubasher: Egypt’s cigarette maker Eastern Company (Eastern Tobacco) said the selling prices of both the local and exported cigarette didn’t change.

The company also confirmed that it is working at its full production capacity.

Earlier, news reports stated that the cigarette prices will rise as result of the new added value tax law that the government seeks to impose after securing the parliament approval.