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US dollar50.20EGPEuro58.29EGPBritish pound67.40EGPSaudi riyal13.39EGPUAE dirham13.67EGPKuwaiti dinar162.83EGPJordanian dinar70.81EGPQatari riyal13.79EGPTurkish lira1.08EGPChinese yuan7.42EGPGold 247,040.84EGP/gGold 216,160.73EGP/gGold 185,280.63EGP/gSilver114.48EGP/g

Economy, Business and Finance

Somali Piracy Is Back – Fuelled By Political Turmoil, Aid Cuts and the Iran War

By rivo_admin · May 30, 2026 · 1 min read

[The Conversation Africa] On the evening of April 26, the Egyptian merchant vessel Sward was hijacked by armed men a few miles off the Somali coast. It was steered towards an anchorage near the port of Garacad in Puntland, a semi-autonomous state in north-eastern Somalia.

المصدر: allAfrica — Somalia

#East Africa #Economy, Business and Finance #Somalia #Transport and Shipping

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