Egyptian Foreign Minister Badr Abdelatty met with Omani officials on Monday to address escalating security tensions in the Red Sea, emphasizing the importance of maritime safety and freedom of international trade.
Abdelatty’s visit to Oman comes as the region faces unprecedented instability, with Houthi attacks on ships in the Red Sea and Bab al-Mandab Strait forcing global shipping companies to reroute vessels through the Cape of Good Hope.
The economic impact of these tensions has been significant, with Suez Canal revenues declining from $9.4 billion in 2022-2023 to $7.2 billion in 2023-2024.
Abdelatty highlighted the need for Arab cooperation to address the region’s challenges, underscoring Egypt’s commitment to working closely with Oman to promote security and stability.
During his meeting with Oman’s Deputy Prime Minister Fahd bin Mahmoud Al Said, Abdelatty expressed Egypt’s appreciation for the sultanate’s leadership and stabilizing regional role.
He also met with his Omani counterpart, Badr Al-Busaidi, to discuss bilateral ties and regional issues, including ways to boost relations in trade, investments, and logistics.
Abdelatty’s visit to Oman marks a significant effort to address the region’s security challenges and promote cooperation among Arab states.
As the region continues to face unprecedented instability, Egypt and Oman’s commitment to working together to promote security and stability is a crucial step towards addressing these challenges.