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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 20th, 2014 - 03:55 GMT

If only they'd treat their workers better: Saudi Arabia, India formalize $750 million investment fund

 
The Iranian-Omani pipeline, transporting almost one billion cubic feet of gas a day, will take 2½ years and to build, Mr. Kameli said.
March 20th, 2014 - 02:27 GMT

After Qatar, is someone about to get shunned as well? Iran considers exporting gas via Oman

Apple discontinued the iPad 4 last year when it launched its current flagship tablet, the iPad Air. The company had cut the price of iPad 2 to $399 in 2012.
March 20th, 2014 - 01:51 GMT

Fickle-minded? Apple replaces iPad 2 with iPad 4, launches cheaper iPhone 5C

Al Bawaba
March 19th, 2014 - 03:00 GMT

Get ready to get your game on: Xbox One coming to UAE, KSA

The UAE's IPO market has faced what has been described as a drought as a result of the global financial crisis (File Archive)
March 19th, 2014 - 01:00 GMT

Marka ready to "save" UAE's IPO market

Abu Dhabi exceeded its 2013 target to attract 2.5 million hotel guests in one year (File Archive)
March 19th, 2014 - 11:00 GMT

Job growth in UAE's tourism sector key to economy, but only if favorable regulations persist

The Egyptian businessmen desire to invest more in Sudan and cooperate in the agriculture sector
March 19th, 2014 - 09:55 GMT

Egyptian investments in Sudan total $7.8 billion

The plant, which will be located in Maan will have a total capacity of 10 megawatts
March 19th, 2014 - 08:55 GMT

Jordan: Kingdom signs $24m deal for solar-run power generation plant

Al Bawaba
March 19th, 2014 - 03:55 GMT

The one thing no one can get themselves to boycott: Facebook hires Israeli country manager

Al Bawaba
March 19th, 2014 - 03:55 GMT

Under-stimulated? Egypt's economy posts modest 1.2% growth

Analysts say Iran represents the best route for energy transfer in the region as this route is shorter and less costly than Russia, Turkey and China routes.
March 19th, 2014 - 03:55 GMT

Overly confident about its infrastructure capacities? Iran to resume 1997 oil swaps

A string of major project wins in the UAE, strategic expansions into new markets and timely acquisitions enabled construction major Arabtec to record a triple-digit growth rate (149 per cent over 2012) in net income for 2013.
March 18th, 2014 - 11:27 GMT

Profiteering off the region: Arabtec posts triple digit growth!

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