Turkish company Denim Rise is setting up shop in Egypt's Qantara West Industrial Zone. The Suez Canal Economic Zone (SCZONE) ...

New environmental regulations and geopolitical risks, such as recent attacks on ships in the Red Sea, have cooled interest in ...

EFG Hermes, an EFG Holding company and the leading investment bank in the Middle East and North Africa (MENA) announced today ...

The project was brought about following the grounding of the Ever Given in 2021, which blocked the waterway for six days and ...

Several European nations conducted operational deployments to the Western Pacific this year, combining national strategies, ...

Egypt's Suez Canal revenue has dropped significantly due to geopolitical tensions and Houthi attacks in the Red Sea, causing ...

Shippers continue to navigate the known and the unknown as trans-Pacific container rates moved higher as 2024 comes to an end.

Suez Canal revenue fell 60 percent, or $7 billion, year on year in 2024 as ongoing instability in the Red Sea disrupted ...

Former President Carter’s post-presidential life lasted decades, putting his career in the White House in a deep rearview ...

Egypt has tested a new 10-kilometre (6.2-mile) extension to the Suez Canal as it tries to minimise the impact of currents on shipping and increase the key waterway's capacity.

Egypt successfully tested a new 10 km channel near the southern end of the Suez Canal, even as its revenue from the waterway ...

including the blockage of the Suez Canal. These events have compounded the issues within the marine shipping sector and ...