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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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MasterCard, a technology leader in the global payments industry, plans to set up in Dubai its first processing centre outside the US in the last quarter of 2014.
May 15th, 2014 - 02:55 GMT

Take a wild guess: Mastercard to open first service center outside the US in this ME city

Al Bawaba
May 14th, 2014 - 11:04 GMT

Humanity vs Labour exploitation: 1-0. World Cup violations induce Qatar to put an end to sponsorship system

Al Bawaba
May 14th, 2014 - 10:45 GMT

A second chance? Nissan profits surpass 2008 high in UAE

Al Bawaba
May 14th, 2014 - 10:28 GMT

What better way to go global? Arabtec to become regional sponsor of Manchester City

Al-Awaji noted that the Kingdom has electric links with the Gulf Cooperation Council countries while Egypt is linked with eight eastern Arab countries
May 14th, 2014 - 06:09 GMT

Materializing linkages: Saudi Arabia, Egypt to share electricity during hot summer days


The opportunity is specifically created for football loving investors looking to benefit from the fast-growing online retail market in the Middle East. The minimum investment ticket is $10,000.
May 14th, 2014 - 11:22 GMT

Middle East football fans get a chance at becoming investors

In its first public announcement on the project, SABIC did not say where the complex would be located, how much it would pay for the oil or if the crude would be subsidised
May 14th, 2014 - 11:13 GMT

Despite all the other 'mysteries': SABIC's oil-to-chemical plant to become operational in 2020

Etisalat has completed its purchase of a 53 per cent stake in Maroc Telecom from Paris-listed Vivendi for €4.14 billion euros.
May 14th, 2014 - 10:53 GMT

Taking over: Etisalat completes 53% purchase of Maroc Telecom

Al Bawaba
May 14th, 2014 - 02:55 GMT

Twitter to cater to Israeli businesses

Al Bawaba
May 14th, 2014 - 02:55 GMT

Betting high: Zain Jordan expected to pay $200 million to introduce 4G to the Kingdom by year end

Iran's crude oil exports have been rising since Tehran reached a breakthrough deal with six world powers over its nuclear energy program last November.
May 14th, 2014 - 02:55 GMT

Who's being replaced? Iran to export 400,000 bpd to China

Al Bawaba
May 13th, 2014 - 11:20 GMT

“Day of rage”: Lebanon’s salary scale for civil servants to come under serious scrutiny

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