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[BUSINESS] · Egypt · 2 sources

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Suez Canal Economic Zone posts record revenue and cargo growth

The Suez Canal Economic Zone Authority reported a record fiscal year 2025/26 revenue of EGP 15.9 billion (about $314 million), a 37 % increase year‑on‑year and 51 % above budget. Dollar‑denominated revenue made up 76 % of the total, rising 44 % to $246 million, while local‑currency income grew 21 % to EGP 3.8 billion.

Industrial and non‑port activities expanded from an average of 8 % to 19 % of total revenues, reducing the share of port receipts from 92 % to 81 %. Cargo handled across the zone’s ports more than doubled over the decade, reaching 108.7 million tonnes in FY2025/26 – an increase of over 112 %.

The authority signed 117 new industrial‑zone contracts worth $7.26 billion, projected to create roughly 73,500 direct jobs on about 8.7 million m² of land. Chairman Walid Gamal El‑Din highlighted $16 billion of investment attracted in the past three years and an expectation of more than 30 % revenue growth in the current fiscal year, driven by new factories, increased port activity and priority sectors such as renewable energy, pharmaceuticals and electric vehicles.

Foreign‑currency earnings from canal transit rose 23 % to $4.6 billion, reflecting the return of major shipping lines to Egyptian waterways after earlier detours.