Revised VAT Bill Approved in Egypt, Expecting Cigarette Price Increase

Oct.31.2023

Egypt's Parliament approved a revised value-added tax bill, raising tobacco taxes and leading to an expected increase in cigarette prices.

According to a report from Egypt Independent on October 30th, Ibrahim Imbaby, the head of the tobacco department at the Egyptian Chamber of Commerce, disclosed that the Egyptian House of Representatives has approved a revised value-added tax bill. With the increase in tobacco taxes proposed in the bill, it is expected that cigarette prices in Egypt will rise.

The bill includes a 50% increase in specific taxes on cigarette products in the local market, covering three tiers (low, medium, high). Moreover, it also raises the prices of heated tobacco and e-cigarettes.

He further explained that the lowest category of prices will not exceed 30 Egyptian pounds, as the law sets the maximum at 31 Egyptian pounds, and added, "The company will leave one pound for price fluctuations." He clarified that the prices for the medium category will not exceed 43 Egyptian pounds, while the prices for the highest category will range from 55 to 60 Egyptian pounds, based on the increase in the new tax rates.

References:

[1] Egypt's cigarette prices to increase once more following new VAT tax

Also Read:

[1] Egyptian Customs Seize Smuggled Marijuana E-Cigarettes in Aswan

[2] Eastern Company: Acquisition by Global Investments Holding for $625 million

We welcome news tips, article submissions, interview requests, or comments on this piece.

Please contact us at info@2firsts.com, or reach out to Alan Zhao, CEO of 2Firsts, on LinkedIn

Notice

1. This article is intended solely for professional research purposes related to industry, technology, and policy. Any references to brands or products are made purely for objective description and do not constitute any form of endorsement, recommendation, or promotion by 2Firsts.

2. The use of nicotine-containing products — including, but not limited to, cigarettes, e-cigarettes, nicotine pouchand heated tobacco products — carries significant health risks. Users are responsible for complying with all applicable laws and regulations in their respective jurisdictions.

3. This article is not intended to serve as the basis for any investment decisions or financial advice. 2Firsts assumes no direct or indirect liability for any inaccuracies or errors in the content.

4. Access to this article is strictly prohibited for individuals below the legal age in their jurisdiction.

Copyright

This article is either an original work created by 2Firsts or a reproduction from third-party sources with proper attribution. All copyrights and usage rights belong to 2Firsts or the original content provider. Unauthorized reproduction, distribution, or any other form of unauthorized use by any individual or organization is strictly prohibited. Violators will be held legally accountable.

For copyright-related inquiries, please contact: info@2firsts.com

AI Assistance Disclaimer

This article may have been enhanced using AI tools to improve translation and editorial efficiency. However, due to technical limitations, inaccuracies may occur. Readers are encouraged to refer to the cited sources for the most accurate information.

We welcome any corrections or feedback. Please contact us at: info@2firsts.com

Scandinavian Tobacco Group Reports Q3 2025 Results and Narrows Full-Year Guidance

Scandinavian Tobacco Group (STG) reported net sales of DKK 2.4 billion for Q3 2025, in line with last year. EBITDA before special items reached DKK 519 million with a 22.0% margin. Handmade Cigars and Next Generation Products saw organic growth, while Machine-Rolled Cigars and Smoking Tobacco declined. The company narrowed its full-year guidance.

Nov.12 by 2FIRSTS.ai

Product | NEXA FLEX Releases “Built in the USA” Version, Says All Flavors Are Tailored for Adult U.S. Users

NEXA has introduced a disposable e-cigarette, NEXA FLEX, which is promoted as “Built in the USA,” highlighting domestic production and flavors developed for adult U.S. vaping consumers. The device retains features such as a transparent e-liquid chamber, Normal/Turbo dual modes, and up to 40,000 puffs, and is scheduled to launch in late November in Texas. Other brands, including SKE and FASTA, have also recently released products labeled as “Made in the USA” or “U.S.-assembled.”

Nov.20 by 2FIRSTS.ai

BAT Japan to raise prices of glo heated-tobacco sticks by about 4%–5%

BAT Japan said it will raise retail prices by ¥20 (about $0.13) per pack for 16 glo heated-tobacco stick brands—11 Lucky Strike and five Kent—effective January 1, 2026. The company will also lift prices for 12 VELO nicotine pouch brands by ¥20–¥40 per pack from December 1, 2025.

Oct.21 by 2FIRSTS.ai

Congress Calls on FDA to Allocate at Least $200 Million for ENDS Enforcement, Multi-Agency Task Force to Target Illegal e-Cigarette Imports. IKE Tech and Ispire Utilize Blockchain and Age Verification Technology to Support Regulation, Submit Chips as Part

Congress demands FDA allocate at least $200 million for ENDS enforcement; multi-agency task force to combat illegal e-cigarette imports.