The Houthi attacks on ships in the Red Sea have ceased owing to the ceasefire in Gaza, prompting Egypt to encourage shipping companies to resume sailing through the waterway.

Suez Canal Authority Chairman Osama Rabie has told shipping giant AP Moller-Maersk there are signs of stability returning to ...

Supply chains have had to deal with higher shipping costs, product delivery delays, and increased carbon emissions as a result of this diversion. The Gaza ceasefire gave some hope that the disruption ...

Egypt has also been harmed by the ongoing war, with seaborne attacks by Houthi rebels in Yemen halting much of the shipping traffic through the Suez Canal. Abdelatty said Egypt has lost about $600 ...

President Biden defended his administration by insisting inflation was down and that "red states" were screwing up their own economies. Biden sat down with MSNBC host Lawrence O’Donnell for the ...

President Joe Biden sat down with MSNBC’s Lawrence O’Donnell Thursday for the final interview of his presidency. The president has largely failed on his vow to restore transparency to the ...

Federal lawmakers on Thursday engaged in a heated argument at the National Assembly Complex during the 2025 budget defence by the Inspector General of Police, Kayode Egbetokun. Trouble began when ...

Wading into an issue that made headlines when Trump claimed last month that the canal was “foolishly” given to Panama, Rubio described the waterway as a strategic vulnerability due to Chinese ...

D.A. Davidson analyst Gil Luria’s ”neutral” initiation of Nvidia Corp.’s stock last year didn’t pan out — with the stock up nearly 150% since that call. But he’s sticking with his ...

Egypt - Osama Rabie, Chairperson of Suez Canal Authority, witnessed on Wednesday, the signing of a Memorandum of Understanding (MoU) with Omani Integrated Logistic Services SAOC. The signing ceremony, ...

Whoopi Goldberg defended Carrie Underwood’s decision to perform at President-elect Donald Trump’s forthcoming inauguration. On Tuesday’s episode of “The View,” the TV personality ...

Ansar Allah's campaign also targeted commercial vessels accused of involvement with Israel, severely cutting maritime traffic through the Suez Canal and driving up the price of global shipping.