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The Red Sea looks like a spooky scene from a Pirates of the Caribbean film
Vessels will now make their trips through the Cape of Good Hope
Oil players pause Red Sea transit
BP is pausing all Red Sea shipment after repeated Houthi attacks on vessels passing through the waterway
On onions and the Suez Canal
The nation’s talking heads are concerned about onion prices and how the Suez Canal is coping amid growing tensions in…
World’s largest shipping firms pause Red Sea transit
The move will likely push the price of freight globally, pushing global inflation with it
Aton Resources to start producing gold in Egypt in 2025. PLUS: FX crunch hits Ezz Steel
Aton has struck gold in its Marawat concession in the Eastern Desert, where it has been prospecting since 2010
EFG Holding exits Jordan, Air Cairo expands to West Africa + GASC buys 180k tons of wheat
GOODBYE, AMMAN- EFG Holding has completed its exit from Jordan. (Companydisclosure, pdf). HELLO, WEST AFRICA- Air Cairo will begin flying…
Arab sovereign funds in talks to acquire 20% of ACDIMA’s pharma ingredients production arm
Ahead of launch, Arab SWFs are vying for a slice in ACDIMA’s pharma ingredients producer: Arab sovereign funds are in…
Renewable energy link to Italy. PLUS: News from Engazaat, Supreme Council of Ports and Logistics, and Wizz Air
ENERGY- Italy-Egypt subsea link is in the works: UAE-based energy company K&K Group has signed an MoU on the sidelines…
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