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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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He said the ministry has approved 53 companies providing Haj services at reduced rates out of 116 which applied for accreditation. “
June 3rd, 2014 - 12:56 GMT

Saudi Arabia to introduce budget friendly Haj options

“The UAE is known for setting new benchmarks in various fields and creating exemplary standards that are being emulated across the region."
June 3rd, 2014 - 12:20 GMT

Anything to hike spending? UAE residents to be able to use their ID's as credit cards

Al Bawaba
June 3rd, 2014 - 12:07 GMT

It’s all in the name: Virgin mobile opts for Islamic facility to finance ME expansion

Al Bawaba
June 3rd, 2014 - 10:21 GMT

The North-South divide: South Sudan petroleum and mining ministry declares $3.5 billion profits in one year

Lebanon’s gross domestic product dropped 2.9 percent annually between 2012 and 2014
June 3rd, 2014 - 10:07 GMT

Lebanon $7.5 billion short thanks to Syria conflict

Al Bawaba
June 3rd, 2014 - 09:58 GMT

Dubai realty overcomes slower growth rate while still topping global rankings

The International Monetary Fund warned Bahrain last year that the Kingdom needed to reform its public finances in the medium term to avoid its debt burden becoming unsustainable.
June 3rd, 2014 - 02:55 GMT

Double trouble: Bahrain's budget gap grows twofold

“The two countries have a lot in common, such as religion, neighborliness, history, and culture,” he stated, adding that these factors can help catalyze their economic relations.
June 3rd, 2014 - 02:55 GMT

An unlikely alliance? Iran, Kuwait decide on economic cooperation

The six month Dubai World Expo event is expected to attract 25 million visitors and be a key driver for tourism, with other emirates also set to benefit.
June 2nd, 2014 - 09:07 GMT

More of what they need: Expo to bring 28,000 more hotel rooms to the UAE

The new service means that as of August 1, Emirates will offer passengers 14,185 seats each week on the route from Dubai.
June 2nd, 2014 - 08:35 GMT

Emirates to fly to Karachi six times a day

But the prospect of large job cuts at Alitalia and the airline’s debt of at least €800 million have been major hurdles in the talks.
June 2nd, 2014 - 02:47 GMT

Airline Darwinism: Eithad, Alitalia reach breakthrough in negotiations

Mearly half of Yemen's population is going hungry, the UN's food agency warned Friday, saying it was scaling up its aid to the impoverished country.
June 2nd, 2014 - 02:55 GMT

Poor Yemen: half of Yemenis threatened by food crisis

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