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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 ...

He underlined job opportunities for Jordanians as a priority, noting that 70 per cent of the Kingdom’s population will be in productivity age by the year 2030.

November 14th, 2013 - 03:55 GMT

Thought Jordan's World Cup qualifier loss was bad? Well, the budget deficit is clearly worse

The former Prime Minister, who is said to have amassed a £50 million fortune since leaving office, was paid the staggering sum for two 30-minute speaking events over two days, at which he discussed global affairs.

November 13th, 2013 - 08:03 GMT

Tony Blair paid $250,000 an hour for lip-service engagement in Dubai

“The UAE national population is estimated to be just under one million - and the estimated unemployment rate is 20.8 per cent of the national population. Now this is shocking, particularly in a country that provides over five million jobs,” Al Mulla said in remarks made to the Arabian Business Forum in Dubai yesterday.

November 13th, 2013 - 05:51 GMT

Surprise, surprise: Emiratisation fails to cut unemployment rates

Nokia launched its Lumia 1020 and Lumia 925 this week in Jordan (Shutterstock)

November 13th, 2013 - 07:56 GMT

New Lumia smartphones come to Jordan!

UAE's Green Growth Strategy was launched in January 2012, before the UN PAGE partnership's formation earlier this year (Courtesy of UAE Interact)

November 13th, 2013 - 07:28 GMT

Amidst the sand, UAE is going "green" with first UN green economy conference scheduled for March

Starting in December, Bahrainis will be able to take specialized courses to become certified social media managers and digital marketers (Shutterstock)

November 13th, 2013 - 07:02 GMT

Social media is the next job frontier for this GCC country

Nexus has recently expanded its operations in Bahrain and Kuwait (Courtesy of Jobs4Bahrainis)

November 13th, 2013 - 06:37 GMT

"Business is booming" for GCC's largest independent insurance broker

OPEC provides 35 percent of the world's oil supply and expects total demand to reach approximately 90.78 mbpd next year (Shutterstock)

November 13th, 2013 - 06:17 GMT

OPEC forecasts "growing" oil demand despite recent price dips

Revenues for Emirates Airlines reached $10.8 billion in 1H 2013. (Image credit: Shutterstock)

November 13th, 2013 - 06:00 GMT

Emirates profits hit by rising fuel costs

The Qatari market has also met the quantitative requirements as defined for emerging markets. (Image credit: Shutterstock)

November 13th, 2013 - 05:00 GMT

The newest emerging market in the Middle East

The return of Iran to the international community would be beneficial for its neighboring countries including the Persian Gulf Arab states, the top international oil executive has said.

November 13th, 2013 - 04:55 GMT

Total totally ready to resume business with Iran

Egypt and the IMF have had a sometimes tense relationship because of national pride and the international lender's efforts to persuade Cairo to undertake politically sensitive economic reforms such as subsidy cuts.

November 13th, 2013 - 03:55 GMT

IMF to Egypt: I'm available and still interested