• April 26, 2024

Cigarette prices increased again in Egypt

Prices of local and imported cigarettes and alcohol have been increased in Egypt from today following a decision by President Abdel-Fattah El-Sisi to raise sales taxes on these products, according to an Ahram Online story quoting an announcement in the official gazette.

The new taxes will raise the price of an EGP9 pack of local cigarettes by EGP1.75, the prices of EGP9–EGP15 products by EGP2.25, and the prices of packs previously selling for more than EGP15 each by EGP2.75.

Packs of Cleopatra, the cheapest and best-selling Egyptian cigarette, will sell for between EGP8 and EGP8.75, up from EGP6.25 and EGP7.

Medium-priced brands such as L&M will retail for EGP14.25 per pack, up from EGP12.

And high-price brands such as Marlboro will sell for EGP19.75 per pack, up from EGP17.

The prices of imported brands such as Dunhill will rise from EGP17 to EGP27.25 per pack.

The finance ministry last increased taxes on cigarettes in February: by EGP0.50–EGP0.75 per pack for local brands and EGP1–EGP1.50 for imports.