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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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Al Bawaba
April 24th, 2014 - 02:56 GMT

Big like. Etihad unveils new social media campaign

Al Bawaba
April 24th, 2014 - 01:59 GMT

India to pay Iran $1.65 billion in landmark oil deal

Around 67 percent of DI’s total asset base is in the property sector which positions DI as a major real estate player in the UAE.
April 24th, 2014 - 02:55 GMT

In monumental move, Dubai investments raises foreign ownership cap to 35%

Al Bawaba
April 24th, 2014 - 02:55 GMT

GCC rivalry at its finest: foundation for world's tallest tower in Jeddah "all set"

Bank Mellat, which has been in Turkey since 1982, faced restrictions in 2012 which led to a decline in its growth due to economic sanctions imposed against Iran.
April 23rd, 2014 - 10:36 GMT

Iran has its eyes set on Turkish banks

Al Bawaba
April 23rd, 2014 - 01:49 GMT

Work begins in Bahrain on new UK naval base expansion

Al Bawaba
April 23rd, 2014 - 12:49 GMT

Asia to overtake U.S. as Israel's biggest exporter

Al Bawaba
April 23rd, 2014 - 12:11 GMT

Major oil company to continue funding growth in Oman

Al Bawaba
April 23rd, 2014 - 11:08 GMT

Over 100 global firms to invest $1.8 billion in Bahrain

Al Bawaba
April 23rd, 2014 - 10:37 GMT

Saudi hospitality sector to grow by 2.5 percent annually by 2017

Al Bawaba
April 23rd, 2014 - 09:54 GMT

BT joins forces with Viva to build interoperability hub in Bahrain

Projects in the pipeline include the 300-acre Titanic Quarter in Belfast, Northern Ireland, consisting of a boutique hotel, financial services centre, new retail development, film and media hub and office space, at a total development cost of Dhs6 billion.
April 23rd, 2014 - 02:55 GMT

No wonder it lifted the visa requirement: UK seeking Gulf investors for $165 billion worth of projects

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