On November 20, 2024, the International Monetary Fund (IMF) announced that ongoing tensions in the Red Sea have led to a staggering 70% drop in revenues from the Suez Canal, a vital source of foreign currency for Egypt. This statement followed the IMF's fourth review of Egypt's economic re...
On November 18, 2024, the Egyptian Ministry of Foreign Affairs expressed its concern regarding the closure of several Yemeni schools, particularly in Giza, citing a lack of proper licensing and the use of Yemeni curricula instead of Egyptian ones. This statement was made by Yasser Shaban, Assis...
The Yemeni Embassy in Cairo announced on November 6, 2024, that the issue of Yemeni school closures was a key topic during the meeting between President Rashad Al-Alimi and Egyptian President Abdel Fattah Sisi. In a statement shared on the embassy's Facebook page, the embassy confirmed that...
Egyptian President Abdel Fattah Sisi warned on November 6, 2024, that the region is at risk of sliding into a large-scale regional war, stressing the importance of collective efforts to avert such a conflict. His remarks came during a joint press conference with Estonian President Alar Karis, w...
On the evening of November 4, 2024, Rashad Alimi, Chairman of Yemen's Presidential Leadership Council, met with Egyptian President Abdel Fattah Sisi on the sidelines of the 12th World Urban Forum. During their meeting, the two leaders discussed the latest developments in Yemen, regional dyn...
The Suez Canal Authority announced on November 2, 2024, its commitment to upholding international agreements that ensure freedom of maritime navigation for all transiting vessels, whether commercial or military, without discrimination based on nationality. The statement came in response to ques...
Hans Grundberg, the United Nations Special Envoy to Yemen, emphasized the urgent need for measures to de-escalate tensions in the Red Sea to prevent further destabilization. His remarks came at the conclusion of a two-day visit to Cairo, where he met with Egyptian Foreign Minister Badr Abdelattiy ...
Cairo — On Monday, October 21, 2024, Egyptian Foreign Minister Badr Abdel Atti reiterated Egypt’s steadfast support for Yemen’s unity, territorial integrity, and the independence of its institutions. He emphasized the significance of Yemen's stability for both Egyptian nation...
A joint statement issued on Wednesday by Egypt and Saudi Arabia emphasized the importance of maintaining security and stability in the Red Sea region, while also supporting comprehensive political efforts to resolve the Yemen crisis. The statement, released after Saudi Crown Prince Mohammed bin...
CAIRO/RIYADH – Egypt and Saudi Arabia on Friday, October 4, 2024, urged the international community, particularly the UN Security Council, to fulfill its responsibilities and secure an immediate and permanent ceasefire in Lebanon and the Gaza Strip, where Israel has been accused of carrying ...
Egypt announced on Tuesday that revenues from the Suez Canal dropped by 25% in the last fiscal year, which ended in June, largely due to ongoing regional tensions. A report from the Central Bank of Egypt revealed that Suez Canal revenues amounted to $6.6 billion, down from $8.8 billion in the p...
On Monday, the Palestinian National Liberation Movement (Fatah) announced that a delegation will meet with leaders from the Islamic Resistance Movement (Hamas) in Cairo on Wednesday. The discussions will focus on the ongoing "genocidal war" by Israel in Gaza and efforts to achieve Palest...
On September 21, 2024, the Egyptian government emphasized that the security and stability of Yemen, as well as the safety of maritime navigation in the Red Sea, are top priorities for Egypt's national security and for the broader Arab region. This statement was made during a meeting in Wash...
Egyptian President Abdel Fattah el-Sisi arrived in Ankara on Wednesday, September 4, 2024, for a historic visit marking a significant step towards mending strained relations between the two countries after 12 years of tension. This is Sisi's first visit to Turkey since 2012, following a ...
The internationally recognized Yemeni government on Wednesday, September 4, 2024, expressed its "full solidarity" with Egypt and strongly condemned Israeli statements regarding the Philadelphi Corridor, which included claims aimed at justifying ongoing Israeli violations of international...
Egyptian President Abdel Fattah el-Sisi warned on Thursday, August 29, 2024, of the "extreme danger" posed by the current Israeli military escalation in the occupied West Bank to the region. Sisi's warning came during a meeting in Cairo with a delegation from several US Congressio...
The Yemeni government on Friday welcomed a joint statement issued by the presidents of the United States and Egypt, and the Emir of Qatar, calling for a ceasefire in the Gaza Strip and a resumption of negotiations. The Yemeni Foreign Ministry, in a statement, expressed its "deep appr...
A recent study by the Mocha Center for Strategic Studies has criticized China's neutrality towards the ongoing war in Yemen, arguing that it undermines the Belt and Road Initiative (BRI). The study, titled "The Belt and Road in Egyptian and Yemeni Policies," publi...
The Republic of Egypt confirmed on Thursday, July 18, 2024, a 23.5% decline in Suez Canal revenue during the past fiscal year ending in June, reaching $7.2 billion. This downturn is attributed to the ongoing crisis of attacks by the Houthi group, internationally classified as a terrorist organizat...
The Suez Canal Authority announced a significant drop in revenue for the 2023-2024 fiscal year, losing approximately $2.1 billion due to Houthi attacks in the Red Sea. Egyptian media reported on Tuesday, July 16, 2024, that the canal's revenue fell by 23%, reaching a total of $7.223 billion...