Egypt’s SCZone revenue hits new stride

SCZone revenues hits new record: Revenues from the Suez Canal Economic Zone recorded EGP 3.7 bn in FY2018-2019, the highest recorded level since the zone’s inauguration, Suez Canal Authority Chairman Mohab Mamish said. Net profit for the fiscal year, meanwhile, came at EGP 2.2, up 35% from EGP 1.6 bn in FY2017-2018.