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)
Bahrain Bourse (BHB) has approved Arqaam Securities L.L.C. as an External Market Maker, a move aimed at boosting market liquidity and enhancing the Kingdom’s capital market ecosystem.
The Kuwaiti government has officially banned the purchase of gold and jewelry with cash, in a move aimed at strengthening financial transparency and combating illicit activities.
PureHealth Holding PJSC, the largest healthcare group in the Middle East, reported solid financial results for the nine months ending 30 September 2025, with AED20.1 billion in revenue, up 6% year-on-year. EBITDA rose 11% to AED3.5 billion, while net profit increased 8% to AED1.55 billion.
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