Egypt

EU sends naval mission to Red Sea to protect shipping routes

bne correspondent February 19, 2024

The mission's launch comes in response to the Iranian-backed Houthis' continuous drone and missile attacks on commercial vessels.

Italy's PM Meloni unveils "Mattei Plan" for African development ahead of Italy-Africa summit

Marco Cacciati January 26, 2024

Italian Prime Minister Giorgia Meloni unveiled her long-anticipated development strategy for Africa over the weekend, floating a "non-predatory" approach aimed at fostering cooperation.

Conflicts push Suez Canal shipping down 42% in two months

bne IntelIiNews January 26, 2024

The United Nations has announced a 42% drop in trade volume through the Suez Canal over the past two months

SITREP: Middle East rapidly destabilised by a week of missile strikes

bne IntelliNews January 20, 2024

The situation in the Middle East was rapidly destabilised in the last week by a slew of bombings, missile and counter missile strikes that brought the whole region much closer to a region-wide war.

ING: What the Red Sea crisis could mean for commodity markets

ING January 19, 2024

Attacks by Iranian-backed Houthis from Yemen on commercial vessels passing through the Red Sea have made some shipowners reluctant to sail via the Suez Canal and Red Sea.

Global maritime chokepoints are clogging up

Ben Aris in Berlin December 17, 2023

Yemen's Houthi rebels are intensifying their attacks on vessels in the Red Sea, with three commercial ships and a US military unit targeted in the middle of December. All the shipping chokepoints are becoming fouled up.

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