On March 18, 2026, Egyptian President Abdel Fatah al-Sisi has given an important statement regarding the security of the Gulf countries. He has clearly said that the national security of Egypt and the Gulf countries is completely linked to each other. During a phone conversation with Sultan Haitham bin Tariq of Oman, Sisi stressed that the security of the Gulf region is an integral part of Egypt’s national security.
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Focus on collective security of Arab countries
The Egyptian President has appealed to implement the policy of collective security of Arab countries on the ground. Its main objective is to protect the stability and sovereignty of Arab countries from external attacks. Egyptian Foreign Minister Badr Abdellatty has also clarified that Egypt is currently in constant contact with the Gulf Cooperation Council (GCC), Jordan and Iraq to maintain stability in the region.
This security coordination is also very important for millions of expatriates and Indians working in Gulf countries. If there is peace in these countries then the employment and lives of the people working here remain secure. Besides, trade routes also continue to run without any interruption.
What is the update on trade and arbitration
Diplomatic efforts have intensified to reduce the ongoing tension in the region. Egypt has officially supported Oman’s mediation between the US and Iran so that the matter can be resolved through dialogue. The deep impact of this instability is also being seen on the economic front. President Al-Sisi said that due to the current regional tensions, the Suez Canal has suffered a loss of revenue of about 10 billion dollars.
There has been a huge decline in trade through the Suez Canal, which has affected the global supply chain. Priority is being given to the safety of maritime vessels in the Red Sea and the Strait of Hormuz. According to the data of March 18, 2026, a slight decrease of 0.08 EGP has been recorded in the rate of the Egyptian pound against the dollar in Egyptian banks. The Egyptian Foreign Ministry has also made it clear that despite solidarity, no Arab country has yet made any formal demand for military help from them.