Negotiations between Egypt and Ethiopia over GERD dam project stall
In a recent local Egyptian television interview with Foreign Minister Badr Abdelatty, he stated that “Egypt had utilized all peaceful
Egypt's Suez Canal on Thursday reported a 23.4-percent drop in revenues attributed to disruptions in Red Sea shipping over the past year, marked by attacks from Yemen's Huthi rebels on Israeli-linked vessels.
The canal is a crucial source of foreign currency for Egypt, which is
currently grappling with a severe financial crisis.
Since November, the Huthis have launched numerous attacks on ships in the
Gulf of Aden and Red Sea.
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