Friday 11 July 2014
 
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JTI signs manufacturing deal with Eastern

JT International (JTI) and its strategic partner Eastern Company (EC) have signed a contract manufacturing agreement (CMA) allowing JTI to enter the Egyptian cigarette market. JTI will launch its leading brand Winston in three sty

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Bahrain Duty Free profits go up in smoke

Bahrain Duty Free (BDF) said it is facing a challenging 2013 as the 'death head skull' symbol that now has to appear on all cigarette packets sold in the kingdom could cost the airport retailer 20 per cent of its profit this year.

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Big blow to tobacco giants; Australia law upheld

  Australia called on the rest of the world to match its tough new anti-tobacco marketing laws after its highest court on Wednesday dismissed a challenge from international cigarette companies in a major test case. &

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Higher price will cut smoking habit says study

A majory of smokers in the UAE believe that a potential price hike will encourage them to reduce smoking, says a new study. It has been reported that this August, Dubai Municipality will take measures to reduce the number of smokers by app

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Over 100 burnt to death in Kenya petrol fire

More than 100 people were burnt to death after a petrol fire broke out in a densely populated slum in the Nigerian capital Nairobi, local media said on Monday. Local television channels aired images of smouldering skeletons as the fire rag

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Egypt's Eastern profit falls 26pc to $105m

Egypt's Eastern Company posted a net profit of 631 million Egyptian pounds ($105.9 million) for the full year to the end of June, down 26 percent from a year earlier, the stock exchange said. The cigarette monopoly made net profit of 850.4

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US to unveil graphic tobacco warning labels

US health officials on Tuesday will unveil nine graphic warning labels showing harmful effects of smoking that must be on cigarette packages and in advertisements starting in October 2012. Dead bodies, diseased lungs and a man on a ventila

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Egypt to pump $317m into state holding firm

Egypt expects to pump EGP1.8 billion ($317 million) next fiscal year into state-run Chemical Industries Holding Company, which controls several listed firms, the state news agency Mena said. The investments include EGP695 million for the c

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Egypt's Eastern signs deal with Jordan's Tag

Egyptian cigarette monopoly Eastern Company has signed an agreement with a Jordanian firm to produce, market and distribute Eastern's products in Jordan, Egypt's bourse said. Eastern will supply Jordan's Tag Company for Cigarettes and Toba

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Egypt's Eastern gets $183m loan from 3 banks

Egyptian cigarette monopoly Eastern Company signed a contract with three banks for a medium-term loan worth EGP1 billion ($183 million), the company said on Sunday. The loan will help finance Eastern's new EGP5.5 billion complex in Six

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