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Maersk once again pauses Red Sea traffic after another Houthi attack
US navy helicopters stepped in to retaliate, sinking three Houthi vessels and killing 10 militants
Central bank shuts 7 FX bureaus. PLUS: News on East Qantara Dry Port, EasyPay cards, capital gains tax, PE firms
The news slowdown continues, with not much happening on the home front. NBFS- CBE shuts down seven FX bureaus: The…
Hapag-Lloyd to decide whether to resume shipping via the Red Sea
Good afternoon folks, and happy last hump day of 2023. As we wrap up the last few days of the…
Damietta Port lines up USD 455 mn for second cargo terminal
The terminal will have a final capacity of 3.5 mn TEUs and begin operation by 2024.
Bad news in the Red Sea
Egypt faces mns in lost FX receipts — and businesses and consumers around the world will stare at spiraling prices
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
Egytrans (Saudi Edition). PLUS: News from ADIB, EgyptAlum, Bostana
Egytrans is partnering with Saudi’s Link Investments to set up a Saudi LLC
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