Business & Economy Bound

By Mohamed Abouelenen - Egyptian authorities decided Sunday that more tugboats will be needed to free a mammoth container ship blocking the Suez Canal, a shipping agency said, dashing earlier hopes that the vital global trade route could be clear by the end of the...

Russia cheekily pushed the Northern Sea Route on Thursday as an "alternative" to Egypt's Suez Canal after a huge container ship blocked the busy shipping lane. President Vladimir Putin has long promoted the passage along the country's Siberian coast as a rival to the...

By Farid Farid - The owners of a giant container vessel blocking the Suez Canal said Thursday they faced "extreme difficulty" refloating it, as Egypt temporarily closed one of the world's busiest shipping lanes. Egyptian President Abdel Fattah al-Sisi's advisor on...

By Caroline Nelly Perrot -  Tunisia celebrated the launch Monday of its first domestically made satellite, hoping it would inspire young engineers to reach for the stars at home rather than join those emigrating overseas. Challenge-1, built by a team from...