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US unfreezes major Iranian assets during talks over Hormuz
April 11th, 2026 - 10:14 GMT
Osama Ali

Osama Ali

US unfreezes major Iranian assets during talks over Hormuz

ALBAWABA - According to a senior Iranian source, the United States has consented to unfreeze Iranian financial assets stored overseas, which is viewed as a possible step toward furthering the two sides' continuing conversations. Speaking to Reuters, the person characterized the action as a show of goodwill and perhaps a step closer to a more comprehensive deal. Associated with Hormuz Security According to officials, the release of assets is contingent ...
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Al Bawaba
June 11th, 2015 - 06:44 GMT

US green light for proposed sale of military equipment to Lebanon

Al Bawaba
June 10th, 2015 - 01:55 GMT

GCC calls, texts, roaming rates reduced from April 2016

Al Bawaba
June 10th, 2015 - 12:45 GMT

FIFA scandal probe: 2026 World Cup bidding process on hold

Al Bawaba
June 10th, 2015 - 12:20 GMT

Abu Dhabi ports development to create 100,000 jobs by 2030

Al Bawaba
June 10th, 2015 - 11:17 GMT

Wired chocoholics? Coffee, chocolate sales tripled over decade in the Middle East

Qatar is projected to face its first budget deficit in 2016. (AFP/File)
June 10th, 2015 - 10:54 GMT

Qatar faces first budget deficit in 15 years, but World Cup spending will continue

Al Bawaba
June 10th, 2015 - 09:13 GMT

With high unemployment, one of four Egyptian males want to live abroad: survey

Al Bawaba
June 10th, 2015 - 09:01 GMT

Gulf expat workers send $100 billion home

The ministry is conducting thorough auditing of all accounts dating back to 1996. (AFP/File)
June 10th, 2015 - 07:56 GMT

Lebanon Finance Ministry to audit government accounts after suspicion of malpractice

Al Bawaba
June 10th, 2015 - 07:40 GMT

Gordon Ramsay back in Dubai for seconds with a new casual dining venture

Al Bawaba
June 10th, 2015 - 07:24 GMT

Egypt Foreign Ministry violates currency rates when paying diplomats: report

Some US lawmakers are arguing to repeal a longstanding ban on US crude oil exports. (Shutterstock)
June 10th, 2015 - 04:30 GMT

OPEC's quotas 'an act of aggression' that demands counter-offensive: Texas regulator

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