Red Sea Tensions
Sisi and the Saudi crown prince will hold talks on the ongoing war in Gaza and Red Sea security, among other key issues.
Egypt and Comoros signed a number of agreements and memoranda of understanding as the two leaders held closed talks, with delegations from both countries exploring means of enhancing collaboration.
Egypt and Comoros maintain cooperation in various key areas, including education, health and capacity building, while coordinating on developments in the Horn of Africa and the Red Sea.
Rabie noted that a total of $39.919 billion is the value of the Suez Canal revenues over the period between 2019 and 2024 as the revenues have been negatively impacted by several crises like the Covid-19 pandemic, the grounding of the Ever Given Ship in the canal, and the ongoing tensions in the Red Sea and Bab al-Mandeb.
He urged foreign ambassadors present at the event, held in Ismailia, to communicate this positive development to their home countries and encourage the resumption of shipping traffic through the canal.
The Egyptian and Djiboutian foreign ministers discussed tensions in the Red Sea and their impact on navigation and international trade.
“We convened today to consult and share perspectives on how to counter plans and actions aimed at destabilizing and fragmenting countries in the region, and sabotaging the unyielding efforts of our countries and our peoples, who strive for peace, stability and prosperity"
Osama Rabie, Chairman of the Suez Canal Authority, emphasized the normal flow of navigation through the Suez Canal, stating that the authority is closely monitoring the potential repercussions of ongoing tensions in the Red Sea on the canal's traffic.
