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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 ...

Al Bawaba

April 8th, 2014 - 10:55 GMT

Iran and Russia get down to business, stress finalizing energy deals

Amman and Beijing agreed to expedite the implementation of development schemes China has agreed to fund through grants

April 8th, 2014 - 08:55 GMT

Money well spent: Jordanian-Chinese committee to increase bilateral trade volume, tourism exchange

Al Bawaba

April 8th, 2014 - 06:55 GMT

Dubai’s rents increase, more tenants seeking to buy own homes

Al Bawaba

April 8th, 2014 - 02:55 GMT

All night long: hundreds wait in line for Istanbul's first Apple Store

The deal could help bolster the authority of the weak central Libyan government in the face of the country’s powerful militias, most of which have drawn their members from the former rebels who fought against Qaddafi.

April 8th, 2014 - 02:55 GMT

Playing diplomacy? Libyan militias forego four oil plants in return for revenue share

Egypt’s foreign reserves rose to $17.414bn in March from $17.307bn in February, the Central Bank said on Monday.

April 7th, 2014 - 07:01 GMT

Foreign handouts do 'pay' after all: Egypt foreign reserves rise to $17.414 billion in March

Oil minister expressed hope that oil production would return to its level in 2005, that is, 4.2 million barrels per day.

April 7th, 2014 - 06:50 GMT

Open for business after all? Iran to skip US permission and export as much oil as it wants

Al Bawaba

April 7th, 2014 - 06:42 GMT

Forcing education, just like Saudization: Saudi Arabia imposes fingerprinting, biometric technology to force public school attendance

Al Bawaba

April 7th, 2014 - 06:10 GMT

Lebanese business tycoon taken in over "impersonation" charges

The new liquefied petroleum gas plant is designed based on state-of-the-art technology and strict health, safety and environment principles

April 7th, 2014 - 09:55 GMT

Going High-Tech: Oman Gas to build state-of-the-art Liquefied Petroleum Gas plant in Salalah

It seems that all the major players in this regional aviation industry are hoping to ride the current wave of success

April 7th, 2014 - 09:55 GMT

ME aviation industry flying high, sees expansion amid growth

Dubai is expected to be ranked second after London in terms of gold trade

April 7th, 2014 - 05:54 GMT

Dubai sitting on a gold mine with $75 billion in Gold trade in 2013