Egypt
What are shipping companies' plans for return to Suez Canal?
Major shipping companies are devising strategies for a return to the Suez Canal after more than two years of disruptions due to security risks in the Red Sea.
Danish shipping group Maersk is diverting its ME2 container service away from the Red Sea and Gulf of Aden, rerouting the vessels around the Cape of Good Hope.
The Cape of Good Hope © Mena Today
Danish shipping group Maersk is diverting its ME2 container service away from the Red Sea and Gulf of Aden, rerouting the vessels around the Cape of Good Hope, the company said in an advisory to clients on Monday.
The ME2 service links Italy and the western Mediterranean Sea to the east coast of India and the United Arab Emirates. The decision comes as Houthi attacks continue in the Red Sea.(Reuters)
Major shipping companies are devising strategies for a return to the Suez Canal after more than two years of disruptions due to security risks in the Red Sea.
Saudi real estate developer Dar Global will launch two Trump-branded luxury developments in Riyadh and Jeddah with a combined value of $10 billion, CEO Ziad El Chaar announced Sunday.
Thousands of people took to the streets of the cities of Aden and Mukalla in southern Yemen on Saturday in support of the country's main separatist group, the Southern Transitional Council, which denied it was planning to disband.
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