Suez Canal tax receipts up 31.3% to LE55.6bn in first half of FY2025/26, MoF report shows

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Fri, 30 Jan 2026 - 03:39 GMT

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Fri, 30 Jan 2026 - 03:39 GMT

Tax receipts linked to the canal rose to EGP 55.6 billion in July to December FY2025/26 - Egypt Today

Tax receipts linked to the canal rose to EGP 55.6 billion in July to December FY2025/26 - Egypt Today

CAIRO - 30 JANUARY 2026: Tax revenues from the Suez Canal surged in the first half of Egypt’s FY2025/2026, totaling LE55.6 billion from July to December, an annual rise of LE13.3 billion or 31.3%, according to figures cited from the Ministry of Finance’s monthly financial report.

The increase came alongside a broad upswing in overall tax income during the same period. Total tax collections reached around LE1.204 trillion between July and December of FY2025/26, up LE291.8 billion from a year earlier, a 32% year-on-year gain, supported by stronger receipts from both sovereign and non-sovereign sources.

 

Sovereign and non-sovereign receipts

The data showed tax receipts from sovereign entities climbed to LE283.2 billion, up LE61.6 billion or 27.8%. Non-sovereign entities contributed LE921.1 billion, an increase of LE230.2 billion or 33.3%.

 

What drove the gains

Income tax receipts rose to LE380.1 billion, up LE121.6 billion or 47%, backed by firmer collections from local wage taxes and business activity, according to the report’s breakdown.

Corporate tax receipts reached LE225.7 billion, up LE76.8 billion or 51.6%, with Suez Canal tax receipts listed at LE55.6 billion within the corporate tax total.

VAT collections increased to LE516.5 billion, up LE99.7 billion or 23.9%, with services VAT, as well as hotels and restaurants, among the fastest-growing items in the report breakdown.

 

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