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Strait of Hormuz
April 22nd, 2026 - 08:21 GMT
Sally Shakkour

Sally Shakkour

Crypto scam scandal: Ships pay fake IRGC officials to pass at Strait of Hormuz

ALBAWABA - A new scandal has deepened the crack in the Strait of Hormuz following the discovery of a scam group luring ships, strained at the waterway due to closure by the Islamic Revolutionary Guard (IRGC), for money for a safe passage. According to news reports, the Indian-flagged oil tanker 'SANMAR HERALD', which was fired upon by Iranian gunboats last Sunday, fell victim to a crypto scam. In detail, the ...
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Al Bawaba
July 23rd, 2014 - 10:27 GMT

Rising rents to take their toll on UAE consumer confidence

The Dubai Metro commuters will be able to avail its services for longer hours during the Eid Al Fitr holidays
July 23rd, 2014 - 09:57 GMT

Let the festivities commence! Dubai Metro to run till 1am during Eid Al Fitr holidays

Al Bawaba
July 23rd, 2014 - 09:48 GMT

Five years and counting: RAK Petroleum boasts $15.81 million profit since December

Al Bawaba
July 23rd, 2014 - 09:19 GMT

When it comes to the UAE, it's always about size: Aldar and Chalhoub join forces to build biggest department store in UAE

Al Bawaba
July 23rd, 2014 - 08:30 GMT

Four Seasons Dubai to launch in time for Christmas

Al Bawaba
July 23rd, 2014 - 07:38 GMT

Dubai’s luxury Loretto apartment complex sells out in one night

Al Bawaba
July 23rd, 2014 - 07:21 GMT

Saudi to allow foreign investment in kingdom's stock market

 The new restaurant offers a fast casual dining experience from its build your own wraps, to its locally sourced salads and indulgent desserts
July 23rd, 2014 - 02:55 GMT

True 'globalization'? Just Falafel headed to Australia

These included a number of petrochemical projects and research initiatives for the exploration of mineral wealth.
July 23rd, 2014 - 02:38 GMT

Aiding through investing: Egypt proposes $540 million worth of petrochemical plants to the UAE

Egypt is finalising the details of a long-awaited unified licence which will allow firms to offer both mobile and landline telecommunications.
July 22nd, 2014 - 03:22 GMT

Vodafone Egypt to invest $1.3billion over 3 years

Al Bawaba
July 22nd, 2014 - 04:55 GMT

Toughening up: Iran restricts employment of foreigners

 Major global stock markets fell and bond prices ralliedas worries over conflict in the Gaza Strip and Ukraine raised uncertainty for investors and kept them away from riskier assets.
July 22nd, 2014 - 03:55 GMT

Poetic justice? Global stocks plunging on Gaza attacks

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