Port of Eilat Goes Bankrupt

Israel’s southern Port of Eilat has declared bankruptcy because of the lack of commercial and trade activity. Eilat Port CEO Gideon Golber said: “The port is completely closed, and there…

How Houthis Changed Global Trade Routes

According to US intelligence sources, Houthi attacks on shipping in the Red and Arabian Seas has affected the interests of at least 65 countries as reported by Al Jazeera. The…