this post was submitted on 09 Feb 2026
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Quoted by Al-Ahram newspaper, Suez Canal Authority (SCA) Chairman Osama Rabie detailed that during that period, revenue grew by 24.5 percent, traffic by 9.0 percent, and tonnage by 24.2 percent.

Rabie revealed that revenue also increased by 18 percent last month compared to the same month in 2025.

The SCA chief affirmed that the improvement occurred after a gradual easing of regional tensions and renewed confidence among shipping lines following the ceasefire in the Gaza Strip.

The security challenges in the Red Sea forced many ship owners and operators to take alternative routes instead of the Canal, which handles up to 12 percent of global maritime traffic.

Egypt was one of the countries most affected by the situation in the Red Sea due to attacks by Yemen’s Houthi rebels, grouped in the Ansar Allah movement, against Israel-linked ships, but it also fired vessels of nations and companies with no connection with Israel.

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The post Egypt’s Suez Canal regains prominence after ceasefire in Gaza first appeared on Prensa Latina.


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