Latest News for: Suez global

Edit

Post-Biden, Democrats need more muscular approach abroad

The Hill 26 Jul 2024
Meanwhile, the aforementioned Houthis have badly impeded global maritime trade for nine months by attacking, out of supposed solidarity with the Palestinians, commercial vessels headed up the Bab-El-Mandeb on to the Suez Canal and the West.
Edit

Global tensions could limit scope of trade rebound: Economic Survey

Hindustan Times 23 Jul 2024
The resilience of global trade is being tested by disruptions on two of the world’s leading shipping routes, the Suez Canal and the Panama Canal, according to the Economic Survey 2024 ... The Suez Canal ...
Edit

El-Wazir, US ambassador discuss strengthening industrial, transport ties

Daily News Egypt 23 Jul 2024
She also acknowledged Egypt’s achievements in the transport sector, such as the New Suez Canal expansion and the Arish Airport development. Egypt’s global ranking in road quality significantly improved from 118th to 18th ... ....
Edit

The CrowdStrike Failure Was a Warning

The Atlantic 21 Jul 2024
(This fragility became obvious when one boat blocked the Suez Canal in 2021, causing enormous damage to the global economy.) Similarly, digital connectivity has unlocked significant innovations.
Edit

Three killed and 87 wounded in Israeli strikes in Yemen

RTE 21 Jul 2024
"The Houthis attacked us over 200 times ... Their attacks have upended global trade by forcing ship owners to reroute vessels away from the vital Suez Canal shortcut and drawn retaliatory US and British strikes since February ... .
Edit

Israeli media: the Israeli fighters that bombed the Houthis practiced in Greece

Philenews 21 Jul 2024
... that “Houthi terrorism is controlled and funded by Iran to damage free navigation, the region’s ports, the Suez Canal and the smooth functioning of global trade and the economy”.
Edit

Israeli jets strike Houthi targets in Yemen after Tel Aviv attack

West Hawaii Today 21 Jul 2024
Smoke rises from a fire following an Israeli air strike Saturday in Hodeidah, Yemen ... ADVERTISING ... Their attacks have upended global trade by forcing ship owners to reroute vessels away from the vital Suez Canal shortcut, and drawn retaliatory U.S ... .
Edit

Drone strike damages ship off Yemen: UK agency

YemenOnline 20 Jul 2024
The Huthi attacks have prompted some shipping companies to detour around southern Africa to avoid the Red Sea, a vital route that normally carries about 12 per cent of global trade. Egypt's Suez Canal ...
Edit

Houthis damage cargo ship in Gulf of Aden

Voa News 20 Jul 2024
Tutor was the second ship sunk in the Houthi campaign against commercial shipping, which since November has killed at least three sailors and upended global trade by forcing ship owners to avoid the Suez Canal trade shortcut.
Edit

Houthis damage cargo ship in Gulf of Aden as it steps up attacks

Gulf Today 20 Jul 2024
Tutor was the second ship sunk in the Houthi campaign against commercial shipping, which since November has killed at least three sailors and upended global trade by forcing ship owners to avoid the Suez Canal trade shortcut.
Edit

Yemen's Huthis claim Tel Aviv drone attack

Gulf-Times 19 Jul 2024
... trade, according to the International Chamber of Shipping.Egypt's Suez Canal on Thursday reported a 23.4-percent drop in revenues attributed to disruptions in Red Sea shipping over the past year.
Edit

Houthis claim responsibility for Tel Aviv attack that kills one

The New Arab 19 Jul 2024
Houthi attacks have prompted some shipping companies to detour around southern Africa to avoid the Red Sea, a vital route that normally carries about 12 percent of global trade, according to the International Chamber of Shipping.
Edit

Suez Canal Revenue Declines Amid Red Sea Route Avoidance

The Arabian Post 18 Jul 2024
The Suez Canal, a critical conduit for global trade linking Europe to Asia via the Mediterranean and Red Seas, has historically been a linchpin of Egypt’s economy, generating significant revenue ...
Edit

Houthi attacks on Red Sea shipping wipe $2B off Suez Canal annual revenue

Al Monitor 18 Jul 2024
Revenue registered by the Suez Canal for fiscal year 2023/24 fell by more than $2 billion, as attacks on commercial vessels in the Red Sea by Iran-backed Houthi rebels in Yemen continue to disrupt global trade and cause rerouting.
Edit

Suez Canal revenues maintain downward trend, falling to $7.2B in FY23/24 amid Red Sea attacks

Egypt Today 18 Jul 2024
Egypt’s Suez Canal reported a substantial decline in revenues during the previous fiscal year (FY2023/2024), registering $7.2 billion compared to a record-breaking $9.4 billion reported in FY2022/2023.
×