Egypt’s SCZONE posts record FY2025/26 revenue of EGP 15.9 bln
Egypt’s Suez Canal Economic Zone (SCZONE) posted record annual revenue of 15.9 billion Egyptian pounds in fiscal year 2025/26, driven by higher cargo volumes and investment activity, the authority said on Wednesday.
This marks a 37 per cent year-on-year increase from 11.6 billion pounds in FY2024/25 and exceeds the authority’s budget target of 10.5 billion pounds by 51 percent, according to figures presented at SCZONE’s first board meeting of the 2026/27 fiscal year.
“SCZONE generated the highest annual revenue since its establishment, reaching 15.9 billion Egyptian pounds in fiscal year 2025/26, exceeding the budget target by 51% and increasing 37% from the previous fiscal year,” the authority said in a statement.
Dollar-denominated revenue increased 44 per cent to $246 million, accounting for 76 per cent of total revenue, while revenue generated in local currency rose 21 per cent to 3.8 billion pounds, representing the remaining 24 per cent.
Revenue from industrial zones and other non-port activities accounted for 19 per cent of total revenue, up from an average of 8 per cent in previous years, reflecting the authority’s efforts to diversify its income sources. Port operations generated the remaining 81 per cent of revenue, down from 92 per cent previously.
SCZONE also handled a record 108.7 million tons of cargo across its ports during FY2025/26, more than double the 51.2 million tonnes recorded in FY2016/17, supported by port expansions, new berths and terminals, improved operational efficiency, and the entry of new global port operators.
“Cargo throughput across SCZONE ports reached a record 108.7 million tons during FY2025/26, the highest throughput in the authority’s history.”
Chairman Waleid Gamal El-Dien said SCZONE’s annual revenue had increased nearly sixfold over the past decade, rising from 2.8 billion pounds in FY2016/17 to 15.9 billion pounds in FY2025/26, despite regional geopolitical challenges.
He also reviewed SCZONE’s investment promotion performance during FY2025/26, saying the authority signed contracts for 117 new industrial projects with total investments of $7.26 billion. The projects, covering a combined area of 8.7 million square metres, are expected to create around 73,500 direct jobs once fully operational.
“Total signed contracts for SCZONE hit 117 new projects worth $7.26 billion during FY2025/26, marking the strongest annual investment performance since it was established.”
Over the past four years, SCZONE has allocated 21.3 million square metres of industrial land to 398 projects and signed contracts for a further 14 port projects. Combined, the 412 projects represent total planned investments of $16.4 billion and are expected to generate more than 145,000 direct jobs upon completion.
The Suez Canal Economic Zone, which oversees six ports and four industrial zones along the Suez Canal, is a key pillar of Egypt’s strategy to attract export-oriented manufacturing, logistics and foreign investment.
Attribution: Amwal Al Ghad English