Latest News for: Suez global

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Egypt sign 7 agreements with international developers for green hydrogen, renewable energy projects

Beijing News 29 Feb 2024
... step for the Sovereign Fund of Egypt (TSFE) in its investment partnerships with major global companies to establish green hydrogen projects in the Suez Canal Economic Zone.
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Egypt signs 7 agreements with international developers for green hydrogen, renewable energy projects

Beijing News 29 Feb 2024
... step for the Sovereign Fund of Egypt (TSFE) in its investment partnerships with major global companies to establish green hydrogen projects in the Suez Canal Economic Zone.
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Egypt signs 7 green energy deals with global developers

Anadolu Agency 29 Feb 2024
... partnerships with major global companies to establish projects in the field of green hydrogen in the Suez Canal Economic Zone,” noted Minister of Planning and Economic Development Hala El-Said.
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Middle East economic powers gamble on new realities, from oil demand to Egypt’s future

Al Monitor 29 Feb 2024
Shatz, the Red Sea crisis has notable implications for China’s global trade, with the Suez Canal its shortest path to Europe ... China has also made significant investments in the Suez Canal area.
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Egypt signs 7 agreements worth $40bn for green hydrogen and renewable energy projects

Daily News Egypt 28 Feb 2024
Bash Global ... El-Said said that the agreements represent a new step for the TSFE in its series of investment partnerships with major global companies to establish green hydrogen projects in the Suez Canal Economic Zone.
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Red Sea cargo volumes down 21% due to attacks

Fresh Plaza 28 Feb 2024
The Suez Canal's significance, previously accounting for approximately 10% of global trade, underscores the substantial impact of these disruptions.
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Concerns over the spread of military tensions in the southern Red Sea region

Famagusta Gazette 28 Feb 2024
Egypt’s Suez Canal, which used to handle 12 percent of global trade, has suffered a drop of 40-50 percent in revenues since the outbreak of the war in the Gaza Strip and the recent tensions in ...
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Non-oil exports in Jan saw steepest fall in 9 months amid Red Sea crisis

Indian Express 28 Feb 2024
The Suez Canal, a critical waterway connecting the Mediterranean Sea to the Red Sea, handled approximately 12 per cent to 15 per cent of global trade in 2023, UNCTAD said, estimating that the trade ...
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EEX and EPIAS forge partnership to launch Turkish Emissions Trading System

Anadolu Agency 28 Feb 2024
Suez Canal revenue drops 50% amid Red Sea tensions ... - Suez Canal is critical maritime route for global trade that significantly contributes to Egypt's economy and foreign currency reserves 20.02.2024 Finance , Invesments , Energy Security.
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Shipping route disruptions impacting global trade – Unctad

The Manila Times 27 Feb 2024
DISRUPTIONS in key shipping routes in the Red Sea, Black Sea and Panama Canal have affected the global trade landscape, the UN Conference on Trade and Development (Unctad) said ... The Impact to Global ...
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Disruptions in Panama and Suez affect more than 10% of global LNG trade

Anadolu Agency 27 Feb 2024
Disruptions in transit via the Panama and Suez Canals affected the ... A study from OIES showed that 8% of global LNG exports in 2023 were delivered via the Suez Canal and 2.5% via the Panama Canal.
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BIMCO: Cargo volumes in Red Sea area drop 21% due to attacks on ships

SAFETY4SEA 27 Feb 2024
So far in February, the number of ships transiting through the Gulf of Aden and the Suez Canal is 50% and 37% lower than last year respectively ... Prior to the attacks, shipments through the Suez Canal accounted for roughly 10% of global trade.
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Egyptian FM urges regional cooperation to address Red Sea threats

Xinhua 27 Feb 2024
Egypt's Suez Canal, which used to handle 12 percent of global trade, has suffered a drop of 40-50 percent in revenues since the outbreak of the war in the Gaza Strip and the recent tensions in the Red ...
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UAE: Landmark pact inked at WTO Conference to boost digital trade

Khaleejtimes 27 Feb 2024
Attacks on ships are forcing vessels to avoid the Red Sea and Suez Canal, a vital channel for global trade, while drought is also causing delays in the Panama Canal ... The need for a digitally empowered global trade ecosystem is stark.

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