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Cleopatra up by 5 pounds

Cleopatra up by 5 pounds

Several traders and kiosk owners have raised the price of a pack of Cleopatra cigarettes by about 5 pounds, before companies have officially announced their new prices. Ibrahim Embabi, head of the Tobacco Division at the Federation of Egyptian Industries, said no increase had yet been officially announced. He explained that tax brackets are adjusted annually from November 5, allowing their price ceilings to rise by up to 12%—though that does not mean prices will increase by the same percentage.

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