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cigarettes

Egypt postpones tender for license to make cigarettes

Egypt postpones tender for license to make cigarettes

  • An auction for the licence, which would have ended a decades-old monopoly by the state-controlled Eastern Company , was due to be held on Tuesday.
  • "What we understand ... is that the postponement is for an indefinite period ... Certainly, the conditions for the auction will be changed if it is held again," one of the sources told Reuters.
Published 03 Apr, 2021 07:16pm
Optimism of MPS
Opinion

Optimism of MPS

The Monetary Policy Statement (MPS) released by the SBP is refreshingly optimistic. The policy rate has been...
Published 02 Feb, 2021 04:29am