Egypt Denies Military Intervention Plans in Yemen Against Houthis

Egypt Denies Military Intervention Plans in Yemen Against Houthis

CAIRO, Egypt — Egypt has officially denied any preparations for military intervention in Yemen against the Houthi group, which is internationally classified as a terrorist organization. A responsible Egyptian source, as reported by "Cairo News," described recent claims regarding...

First Official Contact Between Egypt and New Syrian Leadership

First Official Contact Between Egypt and New Syrian Leadership

On December 31, 2024, Syrian Foreign Minister Asad Al-Shaibani announced that he received a phone call from Egyptian Foreign Minister Badr Abdel Aty. In a post on X (formerly Twitter), Al-Shaibani noted that the conversation emphasized the importance of both countries in fostering stability and pr...

Egypt and Yemen to Launch Direct Flights Between Cairo and Al-Rayan

Egypt and Yemen to Launch Direct Flights Between Cairo and Al-Rayan

CAIRO — Egypt's Minister of Civil Aviation, Dr. Samih Al-Haf, has announced that preparations are in their final stages to inaugurate direct flights between Cairo International Airport and Al-Rayan Airport in Yemen's Hadramout Governorate. In a recent meeting with his Yemeni count...

UN Envoy Calls for Urgent Action to De-escalate Tensions in the Red Sea

UN Envoy Calls for Urgent Action to De-escalate Tensions in the Red Sea

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 ...

Egypt Reports 25% Decline in Suez Canal Revenues

Egypt Reports 25% Decline in Suez Canal Revenues

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...

Egypt Prioritizes Yemen and Red Sea Security as National Interests

Egypt Prioritizes Yemen and Red Sea Security as National Interests

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...

Sisi Warns of "Extreme Danger" of Israeli Escalation in West Bank

Sisi Warns of "Extreme Danger" of Israeli Escalation in West Bank

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...

Suez Canal Revenue Plunges 23.5% Due to Red Sea Crisis, Egypt Confirms

Suez Canal Revenue Plunges 23.5% Due to Red Sea Crisis, Egypt Confirms

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...

Suez Canal Revenue Plunges by $2 Billion Due to Houthi Attacks

Suez Canal Revenue Plunges by $2 Billion Due to Houthi Attacks

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...