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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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Qatar also came under fire by the international human rights community after reports of migrant workers being ill-treated in the country
April 21st, 2014 - 07:37 GMT

Corruption, migrant worker deaths, weather problems, and now this: Qatar reduces number of World Cup stadiums by one third

The country's GDP in 2013 was $202.38 billion, according to government data (File Archive)
April 21st, 2014 - 11:00 GMT

Figure this: Qatar GDP to reach record 12 figure number by year's end

A total of 2.25 million passengers used Sharjah Airport from January to March 2014 (File Archive/Shutterstock)
April 21st, 2014 - 09:00 GMT

Sharjah airport soars to record level of passenger traffic

Al Bawaba
April 21st, 2014 - 07:00 GMT

Egypt: Thank God for Easter! Tourism brings in thousands for holiday weekend

 
By holding 157 billion barrels of recoverable crude oil reserves, Iran possesses the world’s fourth largest reserves of crude oil.
April 21st, 2014 - 02:55 GMT

No wonder someone's freaking out: Iran oil output hits 2.9 million bpd, projected to double

The National Insurance Consortium will provide “construction all risks” and “third-party liability” insurance to Phase 1 of Doha Metro Project.
April 21st, 2014 - 02:55 GMT

Qatar Rail offers "largest-ever" insurance contract

GCC governments are targeting greater diversification so that the non-oil private sector starts to play a more significant role in supporting the economy, according to the Q1 review.
April 21st, 2014 - 02:55 GMT

4 is the lucky number? GCC economies projected to grow 4.4% in '14

Al Bawaba
April 20th, 2014 - 12:00 GMT

"Old" School: Singapore to train 3,000 Saudi school principals

Al Bawaba
April 20th, 2014 - 10:00 GMT

Finally, a solution for the Kingdom's economy? Tourism revenues on the rise in Jordan

Despite world forecast revisions, oil production in OPEC countries is on the rise due to Iraqi output (File Archive/Shutterstock)
April 20th, 2014 - 09:00 GMT

IEA oil forecast revision down, but OPEC countries need not worry

Al Bawaba
April 20th, 2014 - 08:00 GMT

This MENA country is topping charts...for military spending

Al Bawaba
April 20th, 2014 - 01:55 GMT

The untameable monster: experts warn Dubai against off-plan property sales given signs similar to 2008 crash

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