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US unfreezes major Iranian assets during talks over Hormuz
April 11th, 2026 - 10:14 GMT
Osama Ali

Osama Ali

US unfreezes major Iranian assets during talks over Hormuz

ALBAWABA - According to a senior Iranian source, the United States has consented to unfreeze Iranian financial assets stored overseas, which is viewed as a possible step toward furthering the two sides' continuing conversations. Speaking to Reuters, the person characterized the action as a show of goodwill and perhaps a step closer to a more comprehensive deal. Associated with Hormuz Security According to officials, the release of assets is contingent ...
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Egyptian pounds
August 21st, 2012 - 12:18 GMT

Egypt expects: the promised financial aid is yet to appear

Beirut hotels are incurring more losses during a season already marked by low occupancy rates.
August 21st, 2012 - 10:57 GMT

Foreigners in Lebanon over Eid more likely to be taken hostage than seeing the tourist sites

Technical difficulties
August 21st, 2012 - 09:47 GMT

Technical hitch leaves scores of UAE workers without pay

Tunisia has achieved remarkable results in term of production of wheat.
August 21st, 2012 - 08:57 GMT

Food price hikes are coming but it's not a 'crisis', says IMF

Iraqi PM Nouri Al Maliki and Iranian president Ahmadinejad
August 21st, 2012 - 08:05 GMT

Iraq aids and abets old-time friend and foe Iran to dodge sanctions

Saudi Arabia and UAE flags
August 20th, 2012 - 10:57 GMT

Abu Dhabi get the show on the road to Saudi

Jordanian Industry and Trade Minister Shabib Ammari
August 20th, 2012 - 10:07 GMT

Desperate to attract investment, Jordan tarts up law

The headquarters of the Reserve Bank of India in Mumbai. It formed a panel to consider introducing Islamic banking after Prime Minister Manmohan Singh’s visit to Malaysia in 2010.
August 20th, 2012 - 08:49 GMT

India gains interest in Islamic banking

Bahrain stock exchange
August 17th, 2012 - 12:04 GMT

Bahrain stocks rake in profits

National Commercial Bank
August 16th, 2012 - 06:04 GMT

Saudi oil to flow more next year

In a letter sent to the bank’s staff, Shoman said he was disappointed by the performance of the general manager and the board of directors
August 16th, 2012 - 02:00 GMT

Abdel Hamid Shoman, chair of Arab Bank, stands down

Riots
August 16th, 2012 - 11:31 GMT

Gulf countries urge their citizens back home from summering in Lebanon

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