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G7 promises Ukraine military, financial support

Schloss Elmau (The Times Groupe)- As part of their commitment to Ukraine, the leaders of the Group of Seven (G7) on Monday pledged to continue their assistance in financial, humanitarian, military and diplomatic capacities for as long as necessary.

Georgians protest government for not being granted EU candidacy status

Tbilisi (The Times Groupe)- Protesters in Georgia demanded the resignation of Prime Minister Irakli Garibashvili after the European Union denied Georgia "candidate" status.

Tehran suggests Qatar most likely venue for Iran-US nuclear deal talks

Tehran (The Times Groupe)- Iran and the US will likely hold talks in Qatar, mediated by the European Union, to close the remaining gaps in the 2015 Iran nuclear deal framework, the Joint Comprehensive Plan of Action (JCPOA).

Egypt’s Suez Canal revenues hit all-time high in April

EconomyEgypt's Suez Canal revenues hit all-time high in April

Cairo (Times Of Ocean)- Egypt’s Suez Canal Authority announced Sunday that its monthly revenues hit an all-time high in April.

The Suez Canal Authority announced that the waterway made $629 million in revenues in April, an increase of 13.6% from $553.6 million last year.

As global trade booms, the strategic waterway has raised the transit fees for ships since last year.

The Suez Canal recorded its highest revenues in 2021, bringing in $6.3 billion.

A giant shipping vessel called Ever Given ran aground in the Suez Canal last year and blocked the waterway for nearly six days.

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