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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 ...

“The WHO does not recommend the application of any travel or trade restrictions, including for upcoming pilgrimage travel to Saudi Arabia,” a statement issued by the organization said.

May 8th, 2014 - 11:08 GMT

WHO: Haj travel ban not even 'under consideration'

It is targeting global players in high-margin sectors such as oil and gas, power plants, infrastructure, and facility management of huge industrial plants, he said.

May 8th, 2014 - 02:42 GMT

Thank you oil prices? Arabtec profits 'more than double'

Al Bawaba

May 8th, 2014 - 02:18 GMT

Netanyahu included? Israel to punish citizens who hide their money in the US by seizing 50% of concealed funds

Tenants have said that the law would displace thousands of families who rent in Beirut under an old law that governs lease contracts enacted before 1993.

May 8th, 2014 - 04:28 GMT

Landlord efforts go down the drain in Lebanon: After passing through parliament, Suleiman refuses to sign new rent law

Asked when Oman was going to decide on potential changes to subsidy levels, Balushi said: “It’s an exercise that is going on, it could be this year, it could be next year.”

May 8th, 2014 - 04:20 GMT

Tick tock: Oman is on the verge of lifting subsidies

Leaders of the six-nation GCC have set January 1 to implement the customs union, first launched in 2003 and delayed on several occasions to resolve hurdles.

May 8th, 2014 - 04:13 GMT

It's the thought that counts? GCC customs union set for Jan.1st

Egypt is currently trying to reduce a budget deficit which hit 14 percent in the 2012-2013 fiscal year, bringing it down to 11-12 percent by the end of the current fiscal year.

May 8th, 2014 - 03:58 GMT

Going after the 1%? Egypt's cabinet approves 'exceptional' tax hike on the rich

Egypt has obtained billions of dollars in loans from other Gulf Arab states in recent months. Some of that money has been used to help Cairo fund energy costs.

May 8th, 2014 - 03:49 GMT

Desperate to avoid more blackouts: Egypt is soliciting $2.5 billion to cover gas imports

KIPCO’s first-quarter revenue rose 19 per cent to 137 million dinars.

May 7th, 2014 - 11:59 GMT

Keeping up with KIPCO: the investment giant posts 20% profits

Out of the total, 14,438 transactions were in Amman alone, accounting for 42 per cent, and 19,560 transactions were in other governorates, accounting for 58 per cent.

May 7th, 2014 - 11:54 GMT

Real estate sector in Jordan gaining unstoppable momentum

“The cultural and historical background of the two nations indicate the close friendship between Iran and China, therefore, media collaboration in all technical and production fields can be developed,” Musavi said.

May 7th, 2014 - 08:47 GMT

A common censorship agenda? Iran and China to expand media relations

One of the two largest gas fields in Israel, Tamar was discovered in the eastern Mediterranean in 2009 and holds an estimated 10 Tcf of gas.

May 7th, 2014 - 08:36 GMT

A cruel role reversal: Israel to export Tamar gas to Egypt