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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 overarching patent battle between Apple and Samsung shows no sign of slowing, after mediation talks failed yet again ahead of the trial.

March 31st, 2014 - 06:09 GMT

The rivalry gets real: Apple to sue Samsung for $2 billion for 'copying iPhone features' and drag Google to the courtroom

The programme aims to offer an environment that gives a sense of normality, purpose and hope to vulnerable youths who are forced to live in refugee camps, the statement said.

March 31st, 2014 - 05:44 GMT

An attempt at normalcy: vocational training center established for Syrian youth in Jordan

Tourism receipts plummeted 65 percent, depicting a $2 billion drop in revenues in the first quarter of the current financial year in comparison to the prior year.

March 30th, 2014 - 09:19 GMT

Thank you, Gulf money: Egypt balance of payments records largest surplus in 17 years

Oil exports are expected to decline as market loosens, bringing the price down this year.

March 30th, 2014 - 09:03 GMT

Time for some frugality? Never! Kuwait's oil exports fall 3%

The rise in expenditure is primarily driven by official initiatives to offer more government services online and on mobile platforms

March 30th, 2014 - 09:51 GMT

UAE’s IT spending to top $4.6bn in 2014

Al Bawaba

March 30th, 2014 - 09:49 GMT

Dubai at forefront of exploring Iran's new market potential

Lukoil is Russia's second largest oil producer (File Archive)

March 30th, 2014 - 09:00 GMT

Russia's second largest oil producer enters first week of operations in Iraq

UAE's government seeks to become an entirely Smart Government by mid-2015 (File Archive)

March 30th, 2014 - 07:19 GMT

Etisalat-Emirati love affair: Phone company releases 3G smartphones for whopping $82!

The success of Souq.com and the promising survey results of MasterCard and PayPal have raised more positivity about the acceptance of such e-commerce web portals

March 30th, 2014 - 05:11 GMT

A precedent for the Middle East's blossoming e-commerce sector: Souq.com secures $150 million

“Either this target is not realistic or new quantum leaps will have to be made to reach it,” Arıtak said.

March 30th, 2014 - 03:26 GMT

Erdogan's 2023 grand economic vision: down the drain?

It said 12 of these would be transport helicopters and the other 10 would be the frigate version. Qatar will also acquire two Airbus-made refueling tankers.

March 27th, 2014 - 11:58 GMT

The beginning of a Gulf arms race? Qatar to buy two billion euros worth of military helicopters from France

The store features over 100 smart applications developed by the UAE local and federal agencies to provide services to about 700 customers in a single location.

March 27th, 2014 - 11:43 GMT

Bye bye bureaucracy? UAE launches world's first smart government app store