Egypt's Suez canal authority chief said on Sunday the authority is closely monitoring the current tensions in the Red Sea.
The maritime traffic in the canal is normal © Mena Today
Egypt's Suez canal authority chief said on Sunday the authority is closely monitoring the current tensions in the Red Sea.
The authority is "closely following the consequences of current tensions in the Red Sea on the traffic in the canal," Chairman Osama Rabea said in a statement, adding that maritime traffic in the canal is normal.
Since Nov. 19, 55 ships have rerouted via the Cape of Good Hope, while 2,128 have crossed the canal in the same period, the statement added.
An apparent drone attack - claimed by the Iranian-backed Houthi militia - hit central Tel Aviv in the early hours of Friday, killing one man and slightly wounding four others, the Israeli military and emergency services said.
Egypt's total budget deficit fell to 505 billion Egyptian pounds ($10.5 billion) in fiscal 2023/24 that ended on June 30, compared with 610 billion pounds a year earlier, finance minister Ahmed Kouchouk said in a statement on Wednesday.
Denmark's A.P. Moller-Maersk said on Wednesday that disruption to its container shipping via the Red Sea had extended beyond trade routes between the Far East and Europe to its entire global network.
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