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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
March 24th, 2014 - 02:00 GMT

New Audi A8 L rolls in with style to Bahrain market

Saudi Arabia's IT market is the largest in the GCC (File Archive/Shutterstock)
March 24th, 2014 - 01:00 GMT

Thank to IT, this MENA country is projected to be the most competitive economy by 2020

There will be four cruise companies operating in Dubai next season (File Archive)
March 24th, 2014 - 11:00 GMT

Dubai is diving in to new cruise deals, expects to attract one million cruise tourists by 2020

The park will rely entirely on solar energy without using the public electricity connection to operate its lights and integrated irrigation network
March 24th, 2014 - 08:55 GMT

Dubai to have its first solar-powered park soon

Al Bawaba
March 24th, 2014 - 08:55 GMT

Modest, but at least positive: Egypt's growth rate reaches 1.4%

Many people are coming from Dubai and buying in Muscat
March 24th, 2014 - 07:55 GMT

Oman's $600m real estate dreams come true

Among other gainers in Dubai were property developer Deyaar and construction firms Arabtec Holding and Drake & Scull.
March 24th, 2014 - 03:55 GMT

After last week's plunge, Saudi stocks recover to five year high!

He added that the government also plans to work with the foreign ministry to launch offices abroad to promote tourism in Egypt.
March 24th, 2014 - 03:55 GMT

What a debbie downer: Egypt tourism 'totally collapsed', says minister

Al Bawaba
March 23rd, 2014 - 11:36 GMT

Warming up to the wrong side? Egypt preparing itself for free trade agreement with Russia

Etihad has been building a network of airlines by buying up minority stakes as it seeks to channel more passengers from its partners' planes to its Abu Dhabi hub.
March 23rd, 2014 - 09:49 GMT

Taking things further: Etihad looking to raise its stake in Air Berlin to 49.9%

Nsour also highlighted the need to target Jordanian expatriates in order to attract them for carrying out investments in the Kingdom.
March 23rd, 2014 - 09:22 GMT

Long overdue: Jordan's top officials pushing for 'modern investment' law

Al Bawaba
March 23rd, 2014 - 01:55 GMT

Oman: Banks’ role in infrastructure development highlighted

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