Suez Canal revenue rebounds to $449 million amid regional calm

Suez Canal Authority (SCA) Chairman Osama Rabie announced the figures, marking a notable rise from the $368 million earned in the same period in 2025. He stated that the canal has "demonstrated in recent years its ability to withstand economic and geopolitical challenges." The data shows a 5.8% increase in transiting vessels and an 18.5% jump in revenue for the first half of the current fiscal year, compared to the previous year.

Recovery linked to ceasefire and reduced Red Sea threats

The rebound follows the severe impact of 2024, when Houthi attacks on commercial shipping in the Red Sea led many carriers to avoid the route. Chairman Rabie linked the improved performance directly to regional diplomatic efforts, noting recovery began in the final quarter of 2025 "following the Sharm el-Sheikh peace summit, which helped secure a ceasefire in Gaza." This ceasefire has contributed to restored calm, encouraging vessels to return to the vital waterway that handles about 12% of global trade.

Financial impact and strategic resilience

The revenue growth is a crucial economic development for Egypt, which had previously suffered massive losses. In January, President Abdel Fattah al-Sisi revealed the country lost approximately $9 billion in canal revenues over two years due to the war in Gaza and the ensuing shipping crisis. The canal's quick recovery underscores its strategic indispensability to global maritime logistics. The SCA's focus now is on sustaining this momentum and reinforcing the route's reliability for international shippers.

Broader implications for regional trade

The stabilization of the Suez Canal is positive news for the broader Middle East and global economies that depend on efficient trade corridors. For Türkiye, a key regional partner and maritime nation, the restoration of predictable traffic through the Suez Canal supports stable trade flows and economic planning. The situation highlights how regional security, from the Eastern Mediterranean to the Red Sea, is directly intertwined with international economic stability.