Egypt's Suez Canal Economic Zone Authority (SCZONE) reported $12.96 billion in investment contracts since fiscal year 2022/2023, including the current 2025/2026 period. The projects cover around 380 industrial, service, and logistics initiatives, alongside port-related projects expected to create 121,500 jobs. The figures were presented during a meeting on Sunday between Prime Minister Moustafa Madbouly and SCZONE Chairman Walid Gamal El-Din. The meeting reviewed developments in the zone and efforts to attract investments. SCZONE reported that the income statement for July–October 2025 recorded a surplus 204 per cent above the budgeted estimate. This marks a 58 per cent increase compared to the same period last year. The authority also analysed public revenues and financial commitments for strategic projects. A total of 457 companies have been established in the zone, including 296 since 2022/2023, with a combined issued capital of $785 million from international investors. In West Qantara Zone, 48 projects have been implemented since 1 July 2023, with investments of $1.2 billion, creating around 70,000 jobs. Attribution: Amwal Al Ghad English