Dozens Dead, 61 Missing As Two Boats Sink Off Djibouti
At least 45 people have died and many others are missing after two migrant boats capsized off the coast of…
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Red Sea
Undersea cable linking Africa to Asia back to full capacity
Mauritius Telecom, the Indian Ocean island nation’s telecommunications operator, said internet and television…
Red Sea attacks disrupt global trade
In the past few months, global trade has been held back by disruptions at two critical shipping routes. Attacks on…
Danger on Red Sea splitting the global oil market in two
The global oil market is looking increasingly local as militant attacks in the Red Sea and surging freight rates…
Maersk extends Red Sea diversion and warns risks will…
A.P. Moller-Maersk A/S plans to continue diverting ships away from the Red Sea “for the foreseeable future” after…
Fears of higher oil prices after Red Sea attacks
Attacks on commercial ships in the Red Sea risk pushing up the price of oil and other goods, analysts have…
Red Sea chaos has Shippers bracing for weeks without key…
The global shipping industry is bracing for the prospect of living without its most important trade route for…
Oil extends weekly gain with focus on Red Sea shipping…
Oil rose following its first weekly gain since late October as major shipping lines suspended transit through the…
AMAALA appoints Foster + Partners as Architectural Advisors
Award-winning architectural design and engineering firm appointed by AMAALA to help achieve their vision for an…