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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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The MICE sector generates Dh2.4 billion(over $653 million) every year in Abu Dhabi alone (File Archive)
March 23rd, 2014 - 01:00 GMT

Gulf Business Travel Exhibition set to start Monday in Abu Dhabi

Al Bawaba
March 23rd, 2014 - 11:00 GMT

All about the looks! Jordan's recently renovated airport sees nearly 20 percent increase in passenger traffic

Iran’s top oil importers have bought more than 1 million bpd since November
March 23rd, 2014 - 08:55 GMT

Back in the game? Main importers purchase over 1mln bpd of crude from Iran in 4 Months

Helmy also said that Italy is considered the number one trade partner with Egypt in the European Union, and also ranks second in terms of international economic partners.
March 23rd, 2014 - 03:55 GMT

Shouldn't it be figuring out its economy first? Italy to invest $1.3 billion in Egypt

Thirty-six Saudi engineers have been referred to the Ministry of Interior for investigation due to suspicion that they are holding fake engineering degrees.
March 23rd, 2014 - 03:55 GMT

Yikes, whistle blown on fake engineering degrees in Saudi Arabia

Al Bawaba
March 23rd, 2014 - 02:07 GMT

Turkish lira takes the plunge after Erdogan's 'unwise' twitter move

 The UAE, the second biggest Arab economy, doesn’t impose income taxes.
March 21st, 2014 - 12:50 GMT

No wonder there's a 'Dubai rush': Dubai's bankers getting double their London counterparts in bonuses

Currently, they have 2,000 taxis registered in Cairo and the app has recently been launched in Alexandria as well.
March 21st, 2014 - 12:40 GMT

Because hailing a taxi is so 2013, Easy Taxi App makes it to Egypt!

Al Bawaba
March 20th, 2014 - 02:00 GMT

Is anything possible if the UAE govt is behind it? SMEs set to grow exponentially in next few years

Qatar will issue 10 tenders in 2014 for project managers and design consultants for the construction of the World Cup stadiums (File Archive)
March 20th, 2014 - 12:00 GMT

Scandals aside, Qatar says World Cup 2022 construction "on track"

The proposed 1.7 million jobs are supposed to serve as employment opportunities for Saudi's youth (File Archive)
March 20th, 2014 - 09:38 GMT

Saudi says 1.7 million jobs coming to KSA tourism sector within next six years

Between 2011 and 2012, UAE-Mexico bilateral trade increased by 27 per cent from Dh4.1 billion to Dh5.2 billion
March 20th, 2014 - 08:55 GMT

Mexico looking to strengthen cooperation with the UAE

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