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Suez Canal disruption cost global trade heavy losses

Suez Canal

The stranded mega-container in Suez Canal disrupted global shipping for days

Business News Report

Read more: Stranded Suez Canal Ship Is Holding Up An Estimated $400 Million An Hour

Finance

Egypt’s Purchasing Managers’ Index (PMI) recorded its lowest reading since June of 2020, in an indication of a slight decline in the country’s economic...

video

UNCTAD says container freight rates surged due to Suez Canal crisis -The Suez Canal traffic suspension has triggered a new surge in container spot...

Business

British Petroleum company (BP) announced production from Raven gas field within the third stage of its major West Nile Delta (WND) development off the...

Tourism

The Egyptian Ministry of Tourism expects a recovery in tourism sector after Russia decided to resume flights to Egypt. Ghada Shalaby, Deputy Minister of...