{"id":4543,"date":"2026-10-26T21:15:50","date_gmt":"2026-10-26T18:15:50","guid":{"rendered":"https:\/\/dailybusiness.info\/?p=4543"},"modified":"2026-10-26T21:15:50","modified_gmt":"2026-10-26T18:15:50","slug":"prices-of-2-cigarette-brands-increase-amid-egypts-rising-us-dollar-exchange-rate","status":"publish","type":"post","link":"https:\/\/dailybusiness.info\/?p=4543","title":{"rendered":"Prices of 2 cigarette brands increase amid Egypt\u2019s rising US dollar exchange rate"},"content":{"rendered":"<div role=\"main\" id=\"content\">\n<article id=\"the-post\">\n<div>\n<figure><img fetchpriority=\"high\" width=\"674\" height=\"470\" src=\"https:\/\/amayei.nyc3.digitaloceanspaces.com\/2025\/06\/Cigarettes-674x470.jpeg\" alt data-main-img=\"1\" decoding=\"async\" fetchpriority=\"high\"><\/figure>\n<\/div>\n<div>\n<p>Cigarette prices in the local market have seen a new hike, following an announcement by the Tobacco Division of the Federation of Egyptian Industries that the prices of \u201cTarget\u201d and \u201cTime\u201d cigarettes have risen by one Egyptian pound per pack.<\/p>\n<p>This increase coincides with the recent rise in the US dollar exchange rate against the Egyptian pound.<\/p>\n<p>The price adjustment comes as cigarette companies closely monitor exchange rate fluctuations, with further price changes anticipated in the near future.<\/p>\n<p>The head of the Tobacco Division, Ibrahim Imbabi,announced the price increase for the two cigarette brands, noting that Mansour International is the only company to have raised the prices of its products thus far.<\/p>\n<p>Imbabi stated that the prices of \u201cTarget\u201d and \u201cTime\u201d cigarettes have gone up by approximately one pound per pack, in line with the recent appreciation of the US dollar against the Egyptian pound.<\/p>\n<h3>Prices After Increase<\/h3>\n<p>According to statements by the head of the Tobacco Division, the new prices for cigarettes are as follows:<\/p>\n<ul>\n<li>Target cigarettes: The price has increased from LE 47 to LE 48 per pack.<\/li>\n<li>Time cigarettes: The price has increased from LE 57 to LE 58 per pack.<\/li>\n<\/ul>\n<p>This increase reflects a new adjustment in the prices of certain cigarette brands in the local market, as companies continue to monitor economic shifts that may impact production costs and pricing.<\/p>\n<h3>US Dollar and Cigarette Prices<\/h3>\n<p>The latest price increases for Target and Time cigarettes have coincided with a rise in the value of the US dollar against the Egyptian pound\u2014a factor that cigarette companies are taking into account when determining the pricing of their products moving forward.<\/p>\n<p>Imbabi explained that exchange rate fluctuations are among the factors companies consider when reviewing their product prices, especially as the dollar has surpassed the LE 55 mark.<\/p>\n<h3>Opening of Cigarette Price Brackets<\/h3>\n<p>The head of the Tobacco Division indicated that companies are preparing to adjust their price brackets starting November 5, paving the way for potential price increases of up to 12 percent.<\/p>\n<p>The market is closely monitoring developments regarding cigarette prices, as companies track fluctuations in the value of the dollar and other shifts that could influence their pricing strategies.<\/p>\n<h3>Will cigarette prices continue to rise?<\/h3>\n<p>Movements in the dollar exchange rate and anticipated adjustments to price brackets remain key factors influencing the pricing decisions of cigarette companies.<\/p>\n<p>Ultimately, however, any new price hikes will depend on official announcements made by the companies themselves.<\/p>\n<p><em>Edited translation from Al-Masry Al-Youm<\/em><\/p>\n<\/p><\/div>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Cigarette prices in the local market have seen a new hike, following an announcement by the Tobacco Division of the Federation of Egyptian Industries that the prices of \u201cTarget\u201d and \u201cTime\u201d cigarettes have risen by one Egyptian pound per pack. This increase coincides with the recent rise in the US dollar exchange rate against the [&hellip;]<\/p>\n","protected":false},"author":19,"featured_media":4544,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-4543","post","type-post","status-publish","format-standard","has-post-thumbnail","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.8 (Yoast SEO v28.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Prices of 2 cigarette brands increase amid Egypt\u2019s rising US dollar exchange rate - daily business egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/dailybusiness.info\/?p=4543\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Prices of 2 cigarette brands increase amid Egypt\u2019s rising US dollar exchange rate\" \/>\n<meta property=\"og:description\" content=\"Cigarette prices in the local market have seen a new hike, following an announcement by the Tobacco Division of the Federation of Egyptian Industries that the prices of \u201cTarget\u201d and \u201cTime\u201d cigarettes have risen by one Egyptian pound per pack. This increase coincides with the recent rise in the US dollar exchange rate against the [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/dailybusiness.info\/?p=4543\" \/>\n<meta property=\"og:site_name\" content=\"daily business egypt\" \/>\n<meta property=\"article:published_time\" content=\"2026-10-26T18:15:50+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/amayei.nyc3.digitaloceanspaces.com\/2025\/06\/Cigarettes-674x470.jpeg\" \/>\n<meta name=\"author\" content=\"Al-Masry Al-Youm\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Al-Masry Al-Youm\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/dailybusiness.info\\\/?p=4543#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/dailybusiness.info\\\/?p=4543\"},\"author\":{\"name\":\"Al-Masry Al-Youm\",\"@id\":\"https:\\\/\\\/dailybusiness.info\\\/#\\\/schema\\\/person\\\/481ca8a96e1f9b4155ecbc04d340b82d\"},\"headline\":\"Prices of 2 cigarette brands increase amid Egypt\u2019s rising US dollar exchange rate\",\"datePublished\":\"2026-10-26T18:15:50+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/dailybusiness.info\\\/?p=4543\"},\"wordCount\":420,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/dailybusiness.info\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/dailybusiness.info\\\/?p=4543#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/dailybusiness.info\\\/wp-content\\\/uploads\\\/2026\\\/10\\\/4543-prices-of-2-cigarette-brands-increase-amid-egypts-rising-us-dollar-exchange-rate.jpeg\",\"articleSection\":[\"News\"],\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/dailybusiness.info\\\/?p=4543#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/dailybusiness.info\\\/?p=4543\",\"url\":\"https:\\\/\\\/dailybusiness.info\\\/?p=4543\",\"name\":\"Prices of 2 cigarette brands increase amid Egypt\u2019s rising US dollar exchange rate - 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