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Suez Canal disruption cost global trade heavy losses

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

Vegetable prices in Egypt have witnessed a more than 50% rise ahead of the beginning of the holy month of Ramadan in light of...

Finance

Egypt’s annual inflation rate has rose to 4.8% on an annual basis during March, compared to 4.6% in March last year. The Central Agency...

Business

Egypt and Sudan have concluded the Kinshasa round of negotiations on the Renaissance Dam without achieving any progress. The negotiations continued over the past...

Trade

The stranded Suez Canal ship, Ever Given, is holding up an estimated $400 million an hour in trade, based on the approximate value of...