INTERVIEW: Mars Egypt expands 6th of October facility, eyes role as global production hub

Mars Egypt, the local subsidiary of US-based food giant Mars, is targeting a major expansion of its 6th of October facility, which ranks among the parent’s top five global manufacturing sites, Factory Director Osama Helal said. In an interview with Zawya …

Egypt Releases 1,056 Inmates in Presidential Pardon

(MENAFN) Egypt’s Interior Ministry announced on Wednesday the release of 1,056 prisoners as part of a presidential pardon. This measure follows President Abdel Fattah al-Sisi’s directive to reduce the sentences of certain convicts eligible for amnesty, …

Egypt: SODIC posts 107.5% YoY consolidated profit in H1 2025

Egypt - Sixth of October Development and Investment Company (SODIC) reported a 107.48% year-on-year (YoY) surge in consolidated net profits attributable to the parent company during the first half (H1) of 2025 to EGP 1.297 billion from EGP 625.535 million, …

Dana Gas recompletes Balsam-3 well in Egypt’s onshore Nile Delta

Abu Dhabi –   Dana Gas commenced the recompletion works at the Balsam-3 well in Egypt’s onshore Nile Delta within the framework of the company’s $100 million investment program. The initiative aims to support domestic gas production, expand reserves, and …

Egypt’s Westway Developments to launch $61mln mixed-use project in West Cairo

Egyptian real estate company Westway Developments is preparing to launch a new mixed-use project in 6th of October City, West Cairo, with investments of 3 billion Egyptian pounds ($61 million), the company’s CEO Mohamed Fawzy told Zawya Projects. Spread …

Foreign portfolio investors return as Egypt's financial health improves

Despite receiving a reprimand from the IMF over delays in its privatisation programme, Egypt continues to draw strong interest from foreign portfolio investors. This is reflected in the $15 billion of inflows into local debt markets—particularly EGP- …

Serdar Berdimuhamedov congratulated the President of Egypt on Revolution Day

President of Turkmenistan Serdar Berdimuhamedov sent congratulations to President of Egypt Abdel Fattah Al-Sisi and all the people of the country on the occasion of the national holiday – Revolution Day, the State News Agency of Turkmenistan reports. …

Egypt Releases Inmates After Presidential Clemency

(MENAFN) Egypt’s Ministry of Interior revealed on Wednesday that a total of 1,056 inmates have been set free in accordance with a presidential clemency order. According to the ministry, this initiative aligns with a directive from President Abdel Fattah al …

India’s textile exports to Egypt jump 19.6% in Jan–Apr 2025

Envoy proposes Pak-Egypt PTA to facilitate smoother trade ties

ISLAMABAD  -  Rana Ihsaan Afzal Khan, Coordinator to the Prime Minister on Commerce, held a meeting with the Ambassador of Egypt to Pakistan to discuss avenues for enhancing bilateral trade between Pakistan and Egypt here on Wednesday. The ambassador …