Israel to lose billions of dollars due to Yemen port blockage
In solidarity with Palestinians, Yemen Armed Forces said on Sunday that it will obstruct Israeli ships to travel…
Browsing Tag
Red Sea
Egypt invests $600 mln in developing submarine cables system
Egypt invests up to $600 million in developing the network of internet submarine cables, said Minister of…
Telecom Egypt secures Medusa subsea cable deal
Telecom Egypt finalised a deal to host AFR-IX Telecom's Medusa subsea cable which will connect to the Red Sea…
Egypt approves Maersk’s proposal to buy half Zaafarana wind farm
The Egyptian government agreed on Wednesday on the Danish Maersk proposal to acquire half of the wind power plants…
Chevron to drill 1st exploration well in Egypt’s Red Sea in H1 2024
The American energy company Chevron is about to drill its first exploration well for oil and natural gas in the Red…
Egypt to conduct shark behavior study in Red Sea
Egypt's Ministry of Environment is conducting a thorough study of the movement and behavioral patterns of sharks on…
Hutchison Ports invests $700m in Egyptian port projects
Hong Kong-based Hutchison Holdings Ltd's port announced on Thursday, a significant investment in Ain Sokhna Port,…
Egypt, Deutsche Bahn signs €1bln contract to operate high speed railway – COP27
Egypt signed on Tuesday one-billion-euro contract with a consortium of German railway company Deutsche Bahn (DB)…
Egypt to establish 6 marine ambulance boats in Red Sea, South Sinai
Egyptian Prime Minister, Mostafa Madbouly, decided on Wednesday to manufacture six marine ambulance boats to…
Egypt to resume cruises in Red Sea after suspension due to coronavirus outbreak
Egypt will resume cruises in all cities in the Red Sea, after a two-week suspension to curb the spread of the…