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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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Although the plans for the construction operations have actually been suspended, the contracts have not been cancelled.
June 9th, 2014 - 01:32 GMT

Backtracking: Iran suspends plans to build refineries in Malaysia, Indonesia, and Syria

“The finance required to implement the projects is planned to be secured through attracting foreign investment,” he added.
June 9th, 2014 - 12:49 GMT

Another ambitious post-sanctions goal on the agenda: Iran plans to triple petrochemical exports

Bu Shehab pointed out that there are other proposals that would be discussed with the Ministry of Interior and other competent bodies on the federal level in this regard.
June 9th, 2014 - 08:47 GMT

Open-mindedness is key: flexible work hours proposed as solution to Dubai's traffic jams

Al Bawaba
June 9th, 2014 - 08:35 GMT

An asset, not a burden: Turkey mulling granting Syrian refugees work permits

Al Bawaba
June 9th, 2014 - 08:21 GMT

Karachi airport attack delays Emirates, Etihad flights

Hamas demanded Thursday that the Palestinian Authority take employees of the disbanded Gaza government onto its payroll, after scuffles broke out at banks in the Palestinian territory.
June 8th, 2014 - 03:33 GMT

An explanation for reconciliation? Hamas asks PA to pay its workers

Soccer's governing body FIFA is conducting an internal investigation into the decisions to hold the 2018 World Cup in Russia and the 2022 Cup in Qatar.
June 8th, 2014 - 12:19 GMT

Sony becomes first soccer sponsor to back Qatar World Cup probe

The GCC’s situation is quite unique at the global level.
June 8th, 2014 - 11:23 GMT

Beyond the usual: massive surpluses await the Gulf economies

The report gave no indication of whether any change in investment strategy was envisioned.
June 8th, 2014 - 11:15 GMT

Norway, you have competition: Saudi Arabia about to launch its first Sovereign Wealth Fund

Al Bawaba
June 8th, 2014 - 11:07 GMT

The equivalent of Jordan’s entire GDP: Libya has lost $30 billion so far in lost oil production

Al Bawaba
June 8th, 2014 - 07:43 GMT

'Friends of Egypt': King Abdullah calls Sisi to pledge economic support

High-ranking business leaders and travel and tourism experts welcomed the proposal.
June 8th, 2014 - 02:55 GMT

A one for six deal: unified GCC visa for tourists seems to be on the way

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