Philip Morris Egypt Adjusts Prices of Tobacco Products

Business by 2FIRSTS.ai
Nov.16.2023
Philip Morris Egypt Adjusts Prices of Tobacco Products
Philip Morris Egypt adjusts prices for all its tobacco products, including heat-not-burn and traditional cigarettes, following tax modifications.

On November 15th, according to a report by Vetogate, Philip Morris Egypt announced price adjustments for all its tobacco products, including heated tobacco products such as "HEETS" and "TEREA," as well as various traditional cigarettes such as "Merit," "Marlboro," and "L&M.

 

Philips Morris Egypt has announced new prices for tobacco products following the latest tax modifications by the Egyptian government. The company has stated that all adult smokers and nicotine users can view these new prices by scanning the QR code on the product packaging.

 

Ali Naftzat Kerman, CEO of the company, stated that Philip Morris will continue to strive to meet the demands of Egyptian smokers and adult nicotine users, while supporting the transition towards a smoke-free future.

 

Disclaimer: 
This article is translated from an original Chinese article available on 2firsts.cn by AI, and has been reviewed and edited by 2FIRSTS's English editorial team. The Chinese original text is the only authoritative source of information. The exclusive copyright and license rights to this article are held by 2FIRSTS Technology Co., Ltd. Any reproduction, reprinting, or redistribution of this article, either in part or in full, requires express written permission from 2FIRSTS and must include clear attribution along with a link to this content. Non-compliance may result in legal action. 2FIRSTS Technology Co., Ltd. reserves the right to pursue legal actions in case of unauthorized use or distribution.

Controversy Surrounds UK Government's Proposed Tobacco Ban Legislation
Controversy Surrounds UK Government's Proposed Tobacco Ban Legislation
British government's proposed tobacco ban for new generation faces opposition from some MPs, raising concerns about individual choice and freedom.
Regulations
Apr.24 by 2FIRSTS.ai
A British youth creates an electric scooter from e-cigarette batteries
A British youth creates an electric scooter from e-cigarette batteries
British youth creates electric scooter from recycled disposable e-cigarette batteries, highlighting potential e-waste issue.
News
Aug.31 by 2FIRSTS.ai
BLVK Launches 20,000 Puff Disposable "BLVK Bar" Featuring 15 E-Liquid Flavors
BLVK Launches 20,000 Puff Disposable "BLVK Bar" Featuring 15 E-Liquid Flavors
BLVK E-Liquid introduces BLVK Bar, a unique disposable e-cigarette with longer battery life and enhanced flavors.
Events
Feb.01 by 2FIRSTS
British American Tobacco: Business Transformation Provides Strong Financial Performance In Such Challenging Macroeconomic Environment
British American Tobacco: Business Transformation Provides Strong Financial Performance In Such Challenging Macroeconomic Environment
Multi-category strategy boosts earnings. Revenue is snowballing. It has now reached 45%. This comes on top of a 51% increase in 2021. As a result, BAT will undoubtedly retain its momentum from last year into 2022. In the first half of the year alone, the firm invested £1.1 billion in these new items and cut losses by half.
Market
Sep.10
China Tobacco Pledge to Regulate Vape Industry under Law
China Tobacco Pledge to Regulate Vape Industry under Law
China's State Tobacco Monopoly Administration aims to regulate the e-cigarette industry under law, following Shenzhen's example in governance.
Regulations
Aug.18 by translated by Ashe Wong
Analysis of China's E-cigarette Exports to Spain in February 2024
Analysis of China's E-cigarette Exports to Spain in February 2024
China's e-cigarette exports to Spain in February 2024 saw a 43.60% decrease in value but a 128.58% YoY increase.
Industry Insight
Apr.09 by 2FIRSTS, edited by Sophia