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
Two Egyptian army officers, including a high-ranking border guard officer, were killed during a military crackdown on illegal gold mining along Egypt's southern border with Sudan, a military spokesperson said on Thursday.
Saudi Arabia issued alerts on Thursday warning of potential danger in Yanbu, the kingdom's Red Sea oil export hub, as Yemen's Iran-aligned Houthis continue attacks on the kingdom that have opened another front in the US-Israeli war on Iran.
Prominent Egyptians hailed the election of Abdul El-Sayed as the first Muslim member of the US Senate on Wednesday, though state media paid little notice to the rise of a liberal American who has called his parents' native country a military dictatorship.
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