BREAKING NEWS

Egypt raises cigarette taxes 40 percent

By ASSOCIATED PRESS

JULY 1, 2010 16:34

CAIRO — Egypt is implementing a new tax on tobacco products, raising cigarette prices by as much as 40 percent in this heavy smoking nation.

The increase, which took effect Thursday, was approved in late May. The tax would raise the price of cigarettes by as much as 40 percent while a 100 percent duty is added to tobacco used in the shisha, or water pipes.

World Health Organization figures show the number of smokers in the country has grown over twice as fast as the population over the past 30 years.

Health Ministry officials say the new tax is expected to generate about $345 million in additional revenue.

No plan for immediate retaliation against Israel, Iranian official says

By REUTERS

04/19/2024 09:51 AM

US restricts gov't workers, families to travel out of greater city areas

By JERUSALEM POST STAFF

04/19/2024 09:39 AM

Israeli missiles targeted Syria air defense positions, state media says

By REUTERS

04/19/2024 09:34 AM

Ukrainian military destroyed Russian strategic Tu-22 bomber,

By REUTERS

04/19/2024 09:28 AM

Drones were flown in Iran by 'infiltrators,' analyst tells state TV

By REUTERS

04/19/2024 09:10 AM

IAEA confirms no damage made to Iran's nuclear sites in Israel's attack

By REUTERS

04/19/2024 09:01 AM

Saudi Arabia regrets UN failure to recognize Palestinian sate

By REUTERS

04/19/2024 08:41 AM

Iran's Aviation Authority announced removal of flight restrictions

By JERUSALEM POST STAFF

04/19/2024 08:18 AM

Australia asks its citizens to evacuate Israel

By JERUSALEM POST STAFF

04/19/2024 07:52 AM

No missile attack against Iran, Iranian official tells Reuters

By REUTERS

04/19/2024 06:37 AM

Australian Jewish Association welcomes reported strikes on Iran

By MICHAEL STARR

04/19/2024 06:19 AM

IDF Home Front Command: No change in the public safety directives

By JERUSALEM POST STAFF

04/19/2024 06:02 AM

Pentagon chief Austin discusses Iran, Gaza aid with Gallant

By REUTERS

04/19/2024 03:29 AM

Russian air defence intercepts 25 airborne targets over Belgorod region

By REUTERS

04/19/2024 02:03 AM

US officials say Ukraine will get weapons in weeks once aid approved

By REUTERS

04/19/2024 01:07 AM