SCA Chairman Osama Rabie said 1,358 vessels crossed the canal in August, carrying a combined net tonnage of 68.3 million tons, compared with 1,070 vessels and 45.2 million tons in August 2025.
The report showed that the budget deficit totaled EGP 754.5 billion, equivalent to 3.6% of GDP, up from EGP 560.6 billion, or 3.1% of GDP, in the same period last year.
Chairman of SCZone, Walid Gamal El-Din, reviewed SCZone’s recent developments and financial position in FY2023/2024, until the end of February 24, during a meeting with the authority's board of directors.
The hike in tourism revenues came from the increase in the number of tourist nights by 27.2% on an annual basis, to record about 78.4 million nights, and the increase in the number of tourists coming to Egypt by 27.5%, to reach about 6.8 million tourists, according to the CBE.
