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The countrys largest cigarette manufacturers sold 203.7 billion cigarettes last year as the country grappled with stressors from the pandemic up from 202.9 billion in 2019, the Tuesday FTC report said

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The head of the Tobacco Division at the Federation of Egyptian Industries, Ibrahim Embaby, said that Philip Morriss decision to raise prices of its Marlboro and L&M brands to approximately LE102 per pack was a result of significant losses incurred by the company due to widespread smuggled cigarettes in the Egyptian market

The poor results were again blamed on lower US sales and growing competition, primarily from the VUSE and MarkTen