SCzone revenues from settlements with investors hit LE 3.4B

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Wed, 26 Sep 2018 - 02:04 GMT

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Wed, 26 Sep 2018 - 02:04 GMT

FILE - Head of the Suez Canal Authority and the Suez Canal Economic Zone (SCZone) Mohab Mamesh

FILE - Head of the Suez Canal Authority and the Suez Canal Economic Zone (SCZone) Mohab Mamesh

CAIRO - 26 September 2018: Head of the Suez Canal Authority Mohab Mamish on Wednesday said that revenues from the Suez Canal Economic Zone from settling disputes with investors hit LE 3.4 billion.

In a released statement, he added that the figure represents 99.8 percent of the total disputes with investors.

The economic zone is adopting now a flexible and positive policy, he said, adding that this has led to settling several problems that were facing investors.

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