Latest News for: suez canal

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To Safely Transit the Red Sea, Shadow a Chinese Ship

The Maritime Executive 06 May 2024
The Suez Canal and Red Sea serve as the primary route for China’s westward shipments of goods, including around 60% of its exports to Europe, representing one-tenth of the Suez Canal’s annual traffic.
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Palestinians outraged as Egyptian firm 'makes millions' getting refugees out of Gaza

Haaretz 05 May 2024
Reports that Palestinians are being charged at least $5,000 to flee Gaza has led to accusations of Egypt profiting from their plight. 'Has the Rafah border crossing turned into the second Suez Canal?' asks one Gazan ....
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What’s Going On: Mayflower II replica’s story gets its most rollicking treatment yet

The Day 05 May 2024
One important breakthrough came when Stone tried to make sense of the 1956 Suez Crisis when Britain and Egypt were at loggerheads as the Egyptian president tried to nationalize the Suez Canal, a key passageway for European trade.
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Swiss-Egyptian High-Level Delegation Visits SCZONE, Orascom Industrial Park

MENA FN 04 May 2024
(MENAFN - Daily News Egypt) A high-level Swiss-Egyptian delegation visited the Suez Canal Economic Zone (SCZONE) and Orascom Industrial Park, marking a significant milestone in the collaborative ... .
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Houthis threaten to try to attack ships in Mediterranean Sea

Las Vegas Review-Journal 04 May 2024
and U.K ... and the U.K. They’ve effectively closed the southern Red Sea to most Western ships, forcing them to avoid the Suez Canal and instead go around southern Africa when traveling between Asia and Europe ... .
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Cairo is bursting at the seams, so Egypt is building a new $58 billion capital ...

Business Insider 04 May 2024
The Iconic Tower ... Policymakers believe that constructing new city could help to reduce congestion there ... He's also mulling further whether the Suez Canal can be further expanded ... The new city is located between Cairo and the seaport city of Suez ... ACUD.
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Egyptian Exchange navigates market turbulence

Daily News Egypt 04 May 2024
The market is now trending downwards, with expectations for the main index to approach the 20,000-point mark shortly ... These include the Iron and Steel Company, Suez Canal Bank, Cairo Poultry, and several banks and financial institutions ... ....
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Claims of profiteering as average fuel prices rise by 10p since start of the year

AOL 04 May 2024
RAC spokesman Simon Williams said ... The strait is a vital artery for global trade, including oil tankers from the Middle East that pass through the Suez Canal, at the northern end of the Red Sea, en route to Europe ... Mr Williams said ... He claimed ... .
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Fitch revises Egypt’s outlook to positive; maintains ‘B-‘ rating

Daily News Egypt 04 May 2024
The credit rating agency made the announcement on Friday. The revision reflects reduced external risks for Egypt ... Stronger Foreign Investment ... However, geopolitical tensions in the region could disrupt tourism and Suez Canal revenues ... ....
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3,500-Year-Old Egyptian Royal Retreat Found in the Sinai Desert

Ancient Origins 04 May 2024
A Mediterranean Conquest, A Royal Decree ... Dr ... Tel Habwa, also referred to as Tharu, now stands as an archaeological site along the Suez Canal in Qantara Sharq, approximately 100 miles northeast of Cairo, reports Miami Herald ... Sifting Through the Layers.
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How different is 2024 campus protests in US from the one in 1968?

The Siasat Daily 04 May 2024
Joe Biden’s design ... Matter of worry ... Protest in France ... The fact is that Joe Biden can end war in Gaza with just one phone call as the then US President Dwight D Eisenhower did during the 1956 invasion of Suez Canal by Israel, Britain and France ... .
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Shipping Giant Maersk Warns Red Sea Disruptions Could Continue Into 2025

Oil Price 03 May 2024
Amid a lack of signs of easing the tensions in the Red Sea and the Suez Canal, disruptions to global ...
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Maersk sees improved prospects for global container trade

The Times of India 03 May 2024
The worlds supply lines are suffering from a ...
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Who is Saraya al-Ashtar, Bahraini group that claimed to target Israel?

Al Monitor 03 May 2024
Read in عربي, 简体中文. May 3, 2024 ... Some firms are seeking alternative routes to the Suez Canal due to attacks by the Iran-backed Houthi forces in Yemen on ships in the Red Sea ... ....
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Suspended US students get education offer from Houthis

Russia Today 03 May 2024
The doors of Yemen’s Sanaa University are open for those who back Palestine, the institution has announced ... The attacks have seriously disrupted global shipping through the Suez Canal, a vital route between Asia and Europe. .
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