Egypt's SCZone sees 32-pct rise in revenues for 1st half of FY2024/25

CAIRO, Jan. 30 (Xinhua) -- Egypt's General Authority of the Suez Canal Economic Zone (SCZone) said on Thursday that its net revenues surged to around 5.7 billion Egyptian pounds (nearly 113.5 million U.S. dollars) in the first six months of the current fiscal year 2024-2025, a 32 percent increase from 4.3 billion pounds in the same period of the previous fiscal year.

The fiscal year in Egypt ends in June.