Kristalina Georgieva, IMF Managing Director and Chair, highlighted Egypt’s macroeconomic challenges exacerbated by the regional unrest and …
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Suez Canal
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Industry & TradeMENA NewsNewsTech/AI
Israel’s Eilat Port workers at risk of losing jobs due to Red Sea unrest
by Aya Anwarby Aya AnwarHalf of the workers at Israel’s Eilat Port are in jeopardy of losing their jobs due to …
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BanksEditors' PicksEgypt NewsFeatureMoneyNewsTech/AI
S&P Global upgrades Egypt’s outlook to positive
by Aya Anwarby Aya AnwarS&P Global Ratings upgraded Egypt’s outlook to positive, maintaining its B-/B long and short-term foreign and local …
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FeatureIndustry & Trade
Asian diesel margins heat up amid supply surplus, sea concerns
by Aya El Sayedby Aya El SayedAsia’s diesel production margins are under increasing pressure due to an oversupply as major exporters ramp up …
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Egypt NewsFeatureIndustry & TradeNewsTech/AI
Egypt’s budget initial surplus hits EGP 193b in 8 months
by Nada Aliby Nada AliEgypt’s budget has significantly improved in the past eight months, showing an initial surplus of 193 billion …
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Egypt NewsFeatureIndustry & TradeNewsTech/AI
Egypt’s non-oil activity suffers over Suez Canal disruption
by Nada Aliby Nada AliEgypt’s private sector activity declined in February, with the Suez Canal freight drop and foreign currency shortage …
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FeatureIndustry & TradeInternational NewsNews
Maersk: Red Sea disruptions could extend to H2 of ’24
by Nada Aliby Nada AliMaersk, the Danish shipping company, has warned its clients to expect disruptions in the Red Sea to …
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Egypt NewsFeatureIndustry & TradeInternational NewsNewsTech/AI
MSC to resume Suez Canal transit once tensions ease – CEO
by Yomna Yasserby Yomna YasserSwitzerland’s MSC will “immediately” return shipping through the Suez Canal as soon as the security situation stabilises …
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Industry & TradeMoneyTech/AI
Egypt’s S. Canal revenue may partially offset Red Sea attacks impact – Maait
by Aya Anwarby Aya AnwarSome of the damage caused by the Red Sea attacks on ships to Suez Canal revenue could …
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TotalEnergies stated that the journey of its ships to Europe has been prolonged since the company stopped …
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