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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
March 25th, 2015 - 08:04 GMT

More World Cup drama: French construction giant Vinci to sue human rights group over forced labor allegations

Al Bawaba
March 24th, 2015 - 07:49 GMT

Food-friendly: Inflation in Kuwait continues to fall

Al Bawaba
March 24th, 2015 - 07:23 GMT

Egypt's overall balance of payment widens

The emirate, which is issuing sukuk with an ijara structure, has garnered orders worth about $2.5 billion, an earlier document showed.
March 24th, 2015 - 07:18 GMT

A full conversion: Ras Al-Khaimah Emirate launches $1bn 10-year sukuk

Al Bawaba
March 24th, 2015 - 07:15 GMT

Once again: Saudi Arabia tightens clamp on expat workers

Al Bawaba
March 24th, 2015 - 02:39 GMT

Short-term response? Saudi real estate shares tumble on new tax plan

Sources close to the project said all the basic infrastructure work has been completed and concrete columns are being erected.
March 24th, 2015 - 01:25 GMT

Prophet's mosque in Medina to host 1.6 million after Saudi expansion

The canal itself is currently undergoing an expansion to allow two-way traffic that is scheduled to open in August.
March 24th, 2015 - 09:54 GMT

More euphoria? Sisi orders new bonds issued for Suez project

Al Bawaba
March 24th, 2015 - 08:58 GMT

Crisis averted? Egypt, Ethiopia and Sudan sign declaration to resolve dam dispute

Al Bawaba
March 24th, 2015 - 08:38 GMT

Not budging: UAE bans WhatsApp voice-calling


Each institutional fund will now belong to a ministry or other body related to its function, and be chaired by the minister.
March 24th, 2015 - 08:27 GMT

'Positive restructuring': Saudi Arabia reshuffles powers of finance ministry

Al Bawaba
March 23rd, 2015 - 08:21 GMT

Revealing its cards: Keeping oil below $100 will shut shale out of market, says Saudi official

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