![](https://forbesme-prestaging-media.s3.us-east-2.amazonaws.com/lists/uploads/2023/06/09183101/Egypts-Top-50-Listed-Companies-2023_15.jpg)
15. Eastern Company
Sector: Retail
CEO: Hany Aman
Market Value: $1.2 billion
Sales: $554 million
Profits: $130 million
Assets: $864 million
The Eastern Company is the only local manufacturer of cigarettes in Egypt. In May 2022, the company got the approval to acquire 24% of the United Tobacco Company. The Holding Company for Chemical Industries owns 50.95% of the company’s shares. The company’s revenues increased by 7% in the fiscal year ended June 2022.