Lieutenant General Osama Rabie, Chairman of the Suez Canal Authority, stated that navigation movement in the canal is regular from both directions. He denied allegations of any temporary suspension of navigation due to the situation in the Bab al-Mandab.
Suez Canal provides its navigation services normally © Mena Today
Lieutenant General Osama Rabie, Chairman of the Suez Canal Authority, stated that navigation movement in the canal is regular from both directions. He denied allegations of any temporary suspension of navigation due to the situation in the Bab al-Mandab.
In a statement, the Chairman of the authority explained that Suez Canal provides its navigation services normally, as the navigation movement in the canal, Saturday, is expected to witness the crossing of 44 ships from both directions, with a total cargo of 2.3 million tonnes
Rabie stressed the Suez Canal Authority’s keenness to open direct channels of communication with companies and shipping lines and joint coordination for the interest of serving the shipping community and ensuring the sustainability of global supply chains.
Two Israeli banks will halt working with their Palestinian counterparts in the coming months citing risks of associating with possible terrorism financing and money laundering, Israeli officials said, fuelling concerns of a Palestinian economic crisis.
Civil society groups have called on Malaysian billionaire tycoon Syed Mokhtar Al-Bukhary to revoke the appointment of Sultan Ahmed Bin Sulayem as executive chairman of logistics giant MMC Port Holdings due to his alleged ties to the late Jeffrey Epstein.
Sharjah Islamic Bank (SIB) posted a net profit after tax of $218.9 million (AED803.9 million) for the first half of 2026, up 15.3 percent from $189.9 million (AED697.2 million) a year earlier.
To make this website run properly and to improve your experience, we use cookies. For more detailed information, please check our Cookie Policy.
Necessary cookies enable core functionality. The website cannot function properly without these cookies, and can only be disabled by changing your browser preferences.