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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 ...

Would you consider Qatar a tourist destination?

October 24th, 2013 - 04:30 GMT

Qatar to reveal massive touristic plans before December

"There is a lot of potential for insurance firms to provide and strengthen the professional liability insurance products and to cater them to the needs and requirements of the different industries," said the report.

October 24th, 2013 - 04:30 GMT

Insurance industry invades Arab markets with $27 billion in premiums

Yahoo, which competes with Google and Facebook for internet users, said Cairo has been a “good home to Yahoo,” and vowed to treat Cairo employees with respect and fairness through this transition.

October 23rd, 2013 - 02:25 GMT

Breaking: Yahoo Egypt to close down

The mall includes mid to premium retail, dining and entertainment outlets and houses over 160 shops, 20 dining outlets, an eight-screen cinema and several external landscaped terraces.

October 23rd, 2013 - 12:45 GMT

A different kind of World Trade Center opens in Abu Dhabi

“The expatriate influx has also driven further demand for serviced apartments, where occupancy levels have increased from long-stay guests,” added Wolfe.

October 23rd, 2013 - 12:28 GMT

Here comes a trend? Residential rentals up 16% in Doha

Bahrain landline subscriptions, while in decline due to the younger generation's reliance on mobile technology, are also the cheapest in the region according to the report.

October 23rd, 2013 - 12:14 GMT

Bahrain's ironic telecommunications: cheap calling, expensive texting

President Hassan Rouhani inherited an economy in recession as international sanctions against the country weakened its currency and accelerated inflation to about 40 percent in September.

October 23rd, 2013 - 10:03 GMT

Rouhani not pleased with $72 billion debt burden left behind by former administration

While salary increases in the UAE are similar to other countries in the region, purchasing power has been rising more quickly due to more controlled inflation in the country relative to the rest of the GCC.

October 23rd, 2013 - 09:46 GMT

UAE employees: brace yourselves for higher wages

The iPad5 is speculated to have the high-definition Retina display while its smaller version iPad Mini 2 will be lighter.

October 22nd, 2013 - 02:33 GMT

Tomorrow will bring a lighter, thinner IPad5

Kerry thanked Qatar's ruler and people as well as the minister for their economic support of the Palestinians and said other Arab states are expected to follow their example.

October 22nd, 2013 - 02:09 GMT

Qatar being Qatar with $150 million bailout to Palestinian authority

The service will be made available in a phased manner as about six million people have pre-registered for the app, and the company wants to ensure a “smooth roll out” it said.

October 22nd, 2013 - 01:58 GMT

BBM officially no longer just a "blackberry thing"

The bank allocated additional net provisions of $61 million in the first nine months of 2013 with gross doubtful loans accounting for 2.2 percent of gross loans.

October 22nd, 2013 - 01:36 GMT

Expensive Expansion: Bank Audi's profits affected by Turkey launch