President Trump has launched significant military operations against the Iran-aligned Houthi rebels in Yemen, aiming to ...

Egypt’s Minister of Investment and Foreign Trade, Hassan El-Khatib, on Wednesday said his country is keen to join the India-Middle East-Europe Economic Corridor (IMEE Corridor), positioning the ...

ZIM navigates freight challenges with strategies to counter overcapacity, resilient contract rates, and flexible fleet ...

Sisi said earlier this week that the monthly losses of the Suez Canal revenues reached around $800m due to the regional ...

The Houthi assaults on ships in the Red Sea caused the biggest disruption to global trade since the Covid-19 pandemic, subduing activity in one of the world’s busiest maritime corridors.

Egyptian President Abdel Fattah Al-Sisi announced on Monday, 17 March, that the Suez Canal is losing approximately USD 800 million (EGP 40.37 billion) in revenue each month due to ongoing regional ten ...

The US military has stated it will continue striking Houthi targets in Yemen, likely forcing ships to keep rerouting away ...

Egyptian President Abdel Fattah al-Sisi announced on Monday that the Suez Canal is losing around $800 million in revenue each month due to regional instability. ・President al-Sisi announced Suez Canal ...

As the Houthis commit to attacks on U.S. ships and war-risk premiums stay at elevated levels, ocean carriers have little incentive to traverse the Red Sea.

Egyptian President Abdel Fattah al-Sisi said Monday evening that regional instability costs the country roughly $800 million ...

Egypt's President Abdel Fattah al-Sisi revealed that the Suez Canal faces monthly losses of $800 million due to regional ...

Egypt's President Abdel Fattah al-Sisi said on Monday that the monthly losses of the Suez Canal revenues reached around $800 ...