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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
A rare goof (or lazy writing) at NYT’s DealBook
No, the Houthis haven’t attacked anything in Suez Canal. The otherwise usually on-point DealBook newsletter-cum-column said in its lead piece…
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
World’s largest shipping firms pause Red Sea transit
The move will likely push the price of freight globally, pushing global inflation with it
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…
Suez Canal transit fee reductions for south west Africa ships. Plus: Banque Misr x Etisalat, NBE x MSMEs, NWFE x Climate Investment Fund, NWFE x French Development Agency
Suez Canal revenues are expected to hit a record USD 10.3 bn by the end of 2023
Suez Canal transit fees to rise next year. PLUS: News from the FRA
The government now expects canal revenues to rise by more than a third this year to USD 10.3 bn
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