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The European Union will be sending three European warships and airborne early warning systems to the Red Sea and the Gulf of Aden, to protect international shipping, following a meeting of EU foreign ministers
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The UAE's Dubai Future District Fund (DFDF) has participated in the second close of pan-African fund Partech Africa II at $300...
The Egyptian Ministry of Petroleum and Mineral Resources has recently unveiled new refining and petrochemical ventures totalling US$9bn
President Abdel-Fattah Al-Sisi announced at the Egypt Energy Show (EGYPS 2024) that Suez Canal revenues have dropped by 40-50 percent this year compared to the year before, a shortfall the President attributed to Houthi attacks impacting Red Sea shipping, reported state media Al-Ahram. In recent weeks, rising tensions in the region between Western powers and