Suez Canal Authority Chairman Osama Rabie said on Wednesday that the Red Sea crisis did not create a sustainable route to replace the canal, adding that there were positive indicators for the return of stability in the region.
Osama Rabie, Chairman of the Suez Canal Authority, Reuters/Mohamed Abd El Ghany
Suez Canal Authority Chairman Osama Rabie said on Wednesday that the Red Sea crisis did not create a sustainable route to replace the canal, adding that there were positive indicators for the return of stability in the region.
Iran-backed Houthi militants have attacked vessels in the Red Sea area since November 2023, disrupting global shipping lanes by forcing vessels to avoid the nearby Suez Canal and reroute trade around Africa, raising the costs for insurers.
Reporting by Momen Saeed Atallah
The World Health Organization said on Saturday that a strike on a hospital in East Darfur, Sudan, killed at least 64 people, including children, medical staff and patients, Director-General Tedros Adhanom Ghebreyesus said in a post on X.
Egypt has strongly condemned on Saturday the terrorist and sabotage plots targeting the security and stability of Gulf states, most recently the United Arab Emirates and Kuwait, following the successful dismantling of Hezbollah-linked networks in both countries.
Qatar's Energy Minister Saad Sherida Al-Kaabi announced Friday that Iranian attacks on the country's energy infrastructure would reduce liquefied natural gas (LNG) export capacity by 17%, resulting in estimated annual revenue losses of $20 billion.
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