• Wed. Jul 1st, 2026

Famagusta Gazette

News From Cyprus

Egypt’s Suez Canal economic zone reports $12.96 billion in investment deals

ByFamagusta Gazette

Dec 15, 2025 #Suez

Egypt’s Suez Canal Economic Zone has signed investment contracts worth $12.96 billion over the past three fiscal years and into the current one.

Walid Gamal El‑Din, head of the zone, said 457 companies have been established in the zone, including 296 since 2022, with issued capital totaling $785 million.

In the Qantara West area alone, 48 projects worth $1.2 billion have been launched since July 2023, creating about 70,000 jobs.

He added that revenues from July to October 2025 rose 58% compared with the same period last year.

.

Famagusta Gazette