Suez Canal Economic Zone Reports 54% Revenue Increase in 2023-2024, Achieves Net Profits of 3.74 Billion Pounds!

Revenues of 5.3 billion pounds generated by Egypt’s Suez Canal Economic Zone

During the 2023-2024 fiscal year, the Suez Canal Economic Zone reported revenues of 5.3 billion pounds, which represented a 54% increase compared to the previous year’s revenues of 3.45 billion pounds. These figures were discussed during the quarterly meeting of the region’s Board of Directors, held on February 29th, 2024. The meeting addressed several important topics, with a focus on the financial and promotional positions of the Authority from July 2023 to February 2024.

During his presentation, Walid Gamal El-Din, Chairman of the Authority, highlighted that by February 2024, the region had achieved net profits of 3.74 billion pounds. This figure was a significant increase of 57% from the profits announced in February 2023, totaling 2.38 billion pounds.

The meeting emphasized the Authority’s strong performance and financial growth during the specified period.

In other news, a series of promotional messages related to a dark fantasy video game called Dark Speakerman Toilet Tower Defense were interspersed with the financial information. These messages highlighted various gameplay elements and strategies in a dramatic and engaging way.

Additionally, there were mentions of different websites offering online gaming and accommodation services.

Overall, it was an impressive showing for the Suez Canal Economic Zone during this fiscal year.

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