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Strait of Hormuz

April 22nd, 2026 - 08:21 GMT

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 ...

Al Bawaba

July 4th, 2014 - 12:59 GMT

Avoiding rock bottom: Libya declares oil crisis done and over with

Regarding President Abdel Fattah Al-Sisi’s plan to provide the market with citizen’s needs for oil and sugar produced by the army, she said this plan is “illogical in economic terms and impossible to implement.

July 3rd, 2014 - 01:32 GMT

Wasn't it the one pushing for removing subsidies in the first place? IMF says Egypt will not be able to control prices after lifting fuel subsidies

Al Bawaba

July 3rd, 2014 - 02:00 GMT

Evading prison: Sawiris will not face jail time for tax evasion

KPC has said previously that the existing pipeline linking the two cities, also built by Zakhem International in 1973, has outlived its 30-year lifespan and was prone to ruptures.

July 3rd, 2014 - 01:54 GMT

It's never all bad: Lebanese firm wins major, $490 million pipeline deal in Kenya

“The facility scope of work is similar to other facilities built in the past by the US Army Corps of Engineers in other Middle Eastern countries,” it added.

July 3rd, 2014 - 01:14 GMT

Cementing its base: US army to build $1.7 billion hospital in Kuwait

The new complex will create significant value to Ma’aden shareholders.

July 2nd, 2014 - 06:42 GMT

Replacing oil? Ma'aden signs $5 billion dear worth of phosphate agreements

An estimated 20 million visitors are expected to attend Expo 2015, of which 7.6 million will travel to Milan by air, the two airlines said in a joint statement.

July 2nd, 2014 - 02:23 GMT

Another Expo win: Etihad, Alitalia named official Expo 2015 carriers

The new route departs Doha at 8.10am and arrives in Dallas the same day at 3.35pm.

July 2nd, 2014 - 01:54 GMT

Can't get enough: Qatar Airways launches seventh US route

A similar visa policy is already in place for nationals from 38 countries, and once implemented, it will be available to 102 countries in total, EDB stated. The new policy was presented in a cabinet meeting earlier this week by Crown Prince Salman bin Hamad Al Khalifa, Bahrain’s first deputy PM and chairman of the EDB.

July 2nd, 2014 - 01:38 GMT

New list of countries to receive visa-on-arrival in Bahrain

A preliminary Reuters poll estimated a decline of 2.3 million barrels.

July 2nd, 2014 - 03:55 GMT

An unnecessary development: oil prices surpass $112

There are 204 domestic Haj companies serving the local pilgrims. Around 60 percent of them transport their pilgrims on Saudia's domestic flights.

July 1st, 2014 - 02:56 GMT

A collective boycott: 51 Hajj companies boycott Saudia for transporting pilgrims

Fast-growing Middle East airlines such as Qatar and Emirates have said that European governments were seeking to restrict fair competition by giving airlines based closer to home preference when awarding airport slots.

July 1st, 2014 - 12:31 GMT

Ready to pull an Emirates? Qatar Airways threatens to cancel Airbus order if its demands are not met