Haitham El-Zobaidi: Egypt passive amidst looming Houthi threat
Some figures leaked by official Egyptian bodies say the economic fallout from the Red Sea war on Suez Canal revenues...
Houthis
Egypt’s account deficit increased, following Suez revenue plummet
Egypt’s account deficit has further increased to $5.9 billion in July-September 2024, compared to the $2.8 billion deficit in the...
Egypt completes trial run of Suez Canal extension
Egypt said on December 28th it had successfully tested a new 10km channel near the southern end of the Suez...
Sisi says regional issues cost Egypt around $7bn of Suez revenues
Egypt's president Abdel Fattah el-Sisi said on December 26th that events in the Red Sea and regional challenges cost his...
Chinese fleet heads to Red Sea amid rising tensions
China has dispatched a fleet to the Red Sea amid the rising tensions provoked by the Iran-backed Houthi militias’ attacks...
Egypt: Houthi attacks cut Suez revenues by 40%
Houthi attacks have led to a 40% drop in Suez Canal Dollar revenues, according to Reuters. Head of the canal...
