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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 20th, 2014 - 12:10 GMT

The not-so-smart approach: Libya to introduce smart card system to cut fuel subsidies

Al Bawaba
April 18th, 2014 - 10:14 GMT

Samsung Galaxy S5 to defy expectations and outsell S4?

The 36-story, 382,500 square-foot (35,535 square-meter) building is located on the Fifth Avenue in New York.
April 18th, 2014 - 07:32 GMT

In audacious move, US to sell Iran-owned skyscraper in New York

Iran shares oil and gas fields with most of its neighbors, including Iraq, Kuwait, Qatar, as well as Oman and Turkmenistan.
April 17th, 2014 - 09:53 GMT

Historic irony? Iran to splash $20 billion on joint oil fields with Iraq

Ensour stressed that the Kingdom is in need of support from all Arab states to be able to continue its pan-Arab nationalist role.
April 17th, 2014 - 09:37 GMT

Rising from the ashes? Jordan's economy 'recovering', says PM

Al Bawaba
April 17th, 2014 - 09:21 GMT

Short-term pain, long-term gain? Emirates airlines to cancel 41 destinations for Dubai runway upgrade

Al Bawaba
April 17th, 2014 - 03:34 GMT

Dubai's "Tourism Dirham" gets good feedback

Al Bawaba
April 17th, 2014 - 03:09 GMT

New priorities? Abu Dhabi families spend more on phones than on education, survey says

Al Bawaba
April 17th, 2014 - 02:09 GMT

Around 573 new hotels to be built in Middle East/Africa region, report says

Saudi Weddings 2014, is the perfect one-stop wedding festival for future weds to see, touch, hear, compare wedding jewelry, dresses, cosmetics and fragrances according to the latest trends.
April 17th, 2014 - 02:55 GMT

Bring on the matrimonial spirit! International Wedding Exhibition makes it to Riyadh

Dimian noted that the annual meeting between Egypt and the IMF will be scheduled after the presidential elections, slated to take place in May.
April 17th, 2014 - 02:55 GMT

Third time's a charm? Egypt gives stimulating economy with UAE money another shot

 The kingdom's banking sector remains very resilient and requirements to enhance the liquidity and reserves under Basel III will further bolster it, Rasheed Al Maraj was quoted as saying.
April 16th, 2014 - 08:07 GMT

Moving forward: Bahraini banks to adopt Basel III standards

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