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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
April 12th, 2015 - 09:29 GMT

Uber starts the year uber strong in the UAE

Al Bawaba
April 12th, 2015 - 09:17 GMT

Jordan's per capita share of public debt exceeds $4000

Al Bawaba
April 12th, 2015 - 03:42 GMT

Egypt bans imports of Ramadan lanterns

FlyBaghdad, owned by Iraqi investors, is expected to start flights to neighbouring countries by July, complementing state- backed Iraqi Airways,
April 12th, 2015 - 02:24 GMT

Opportunity in vacuum: Iraq launches FlyBaghdad to fill void left by airline exodus

Global brands such as Moncler, La Perla, Hugo Boss and Sauce will also be moving their regional headquarters into the development,
April 12th, 2015 - 11:54 GMT

Global designers make the move: Dubai Design District on the way as new fashion capital

The kingdom that exports 7.0 million barrels per day on average will see oil revenues fall by 35 percent to $171.8 billion in 2015,
April 12th, 2015 - 03:55 GMT

The time has come: Saudi Arabia to borrow to finance soaring deficit

Reconstruction has barely begun, with experts saying it will take years even if Israel significantly eases its eight-year blockade. (Image: AFP/File)
April 11th, 2015 - 09:04 GMT

Kuwait donates $200 million towards Gaza reconstruction

Al Bawaba
April 9th, 2015 - 11:16 GMT

Daesh’s loss of oil fields cuts off crucial revenue

Al Bawaba
April 9th, 2015 - 10:18 GMT

Top cats: Meet the GCC's best performing CEOs

Al Bawaba
April 9th, 2015 - 09:14 GMT

Egypt secures $216m from Arab Fund for Cairo power plant

Al Bawaba
April 9th, 2015 - 08:56 GMT

Arab Bank loses US retrial bid in longstanding Hamas financing case

Al Bawaba
April 9th, 2015 - 08:02 GMT

A Twitter takeover? Twitter shares climb amid reports of Google buyout

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