Attacks by the Iran-backed Houthi rebels have continued to significantly impact commercial shipping through the Suez Canal.

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Egypt’s Suez Canal revenue fell nearly two-thirds in 2024 due to rising regional tensions and conflicts that disrupted vital ...

Still, canal authority chief Osama Rabie said that the attacks challenge the region but have not prevented Egypt from continuing to provide its navigational and maritime services in the Suez.

The Suez Canal Authority, which runs the waterway, said the canal generated an annual revenue of $3.991 billion in 2024, down from a historic high of $10.25 billion in 2023, according to a ...