This week has seen a deal to launch Abu Dhabi’s first sovereign cloud system, setting the stage for fully AI-powered ...

We gave it to Panama, and we’re taking it back.” Thus spoke Donald Trump shortly after BlackRock, an American investment firm ...

This impressive canal project will see Europe gain its own Suez Canal and usher in a new era of economic opportunities.

FRANKFURT (Reuters) - Container shipping firm Hapag-Lloyd said on Thursday net profit fell nearly 19% in 2024 and is expected ...

Egypt's President Abdel Fattah al-Sisi said earlier this week that the monthly losses of the Suez Canal revenues reached around $800m due to the regional "situation", as Yemen's Houthis have been ...

President Trump has launched significant military operations against the Iran-aligned Houthi rebels in Yemen, aiming to ...

Egypt signals interest in joining the India-Middle East-Europe Economic Corridor, highlighting its strategic location and ...

ZIM navigates freight challenges with strategies to counter overcapacity, resilient contract rates, and flexible fleet ...

Yemen’s Houthi rebels said they would start attacking Israeli ships in the Red Sea again. They vowed to continue until Gaza’s border crossings reopen and humanitarian aid is allowed in. This could ...

Some analysts suggested that the US Navy may have fired more missiles in the Red Sea in the last 15 months alone than in the previous 30 years anywhere in the world.

President Donald Trump attributed the strikes to ongoing Houthi attacks on the Suez Canal that have persisted for 18 months.

As the Houthis commit to attacks on U.S. ships and war-risk premiums stay at elevated levels, ocean carriers have little incentive to traverse the Red Sea.