Red Sea posts SAR 62M loss in 2024, SAR 17M in Q4 12 M 2024 Red Sea 9M 2024 net loss shrinks to SAR 45.6M; Q3 at SAR 23.3M 9 M 2024 Red Sea makes SAR 2.7M profit in H1 2024, SAR 8.7M in Q2 6 M 2024 ...

PHARAOH’S ARMY engulfed by the Red Sea, by Frederick Arthur Bridgman, 1900. ‘The wind dropped, the waters flooded back, and the entire Egyptian force was drowned.’ (photo credit: Wikimedia ...

As part of its efforts to become an energy hub, Egypt awarded oil and gas exploration concessions in the Red Sea for the first time to Chevron, Shell and Abu Dhabi sovereign wealth fund Mubadala ...

Red Sea Global has unveiled Laheq Island, a new residential community at The Red Sea promising to bring island-lifestyle to Saudi Arabia for the first time. Laheq marks the first plans beyond Phase ...

The conflict in the Red Sea that started in November 2023 has had a significant impact on carbon emissions in ocean container shipping. Data shows that global ocean container shipping emitted all ...

CAIRO, - A number of multinational oil and gas companies including Chevron have exited their Red Sea oil and gas concession blocks after making no finds and have channelled their resources ...

Yemen's Houthis announced the release of 25 crew of the Galaxy Leader, a commercial vessel seized in November 2023 in the Red Sea.

A number of multinational oil and gas companies including Chevron have exited their Red Sea oil and gas concession blocks after making no finds and have channelled their resources elsewhere in the ...

Scientists from Saudi Arabia’s King Abdullah University of Science and Technology (KAUST) and the National Center for Wildlife (NCW) have reported the discovery of an unusual ecosystem beneath the ...

A French Navy frigate recently shot down a Houthi drone over the Red Sea. The drone, likely launched from Yemen, was intercepted mid-air. This resulted in a fiery explosion captured on camera.