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Daily news alerts

UAE-based company acquires stake in Eastern Company…

Written by ECigIntelligence || 20th November 2023 || Daily news alerts | Companies | Africa Egypt

Egypt: Eastern Company, Egypt’s largest tobacco producer and a former holder of a monopoly for the production of tobacco products in the country, announced it has completed the sale of a 30% stake of its shares to Global Investments Holding, a company based in the United Arab Emirates. The state-owned stake in Eastern Company is now 20% and belongs to » Continue Reading.
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