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Egypt postpones tender for license to make cigarettes - sources

CAIRO, April 3 (Reuters) - Egypt’s Industrial Development Authority has postponed a tender for a license to manufacture conventional and electronic cigarettes, two sources in companies selling tobacco in the country told Reuters on Saturday.

The authority informed them about the postponement a day before the deadline to lodge bids, they said.

The tender, which would end a decades-old monopoly by the state-controlled Eastern Company, was due to be held on Tuesday. (Reporting by Ehab Farouk and Ahmed Ismail; Writing by Mahmoud Mourad; editing by John Stonestreet)

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