Foreign vs. local tobacco in the Middle East
Banner Icon HEALTH Tobacco consumption in the region is notoriously high. Smoking is everywhere. But who’s running this powerful industry? Bassam Aoun investigates.
One of the most prolific industries currently operating in the Middle East and North Africa is big tobacco. This market seems immune to the roller coaster that is business life in the region, hardly affected by the socio-political risks that tend to keep investors at bay. While major tobacco product importers, such as British American Tobacco, Imperial Tobacco and Philip Morris International, dominate the market, there in fact exist several competing local players vying for their share of the pie.
http://www.yourmiddleeast.com/business/foreign-vs-local-tobacco-in-the-middle-east_29245
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