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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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The promotion, running from 10th June to 31st July 2012, aims to highlight the core benefits of Emirates' Visit Visa product
June 11th, 2012 - 09:11 GMT

Incentive to fly family for Ramadan

The Ministry told employers that it would not grant work permits for women because of the "unsafe and insecure work environment at that site
June 10th, 2012 - 10:44 GMT

Women work visas rejected in UAE by Ministry

Concern about the banks, which are hobbled with more than 180 billion euros in problematic real estate loans and assets, drove Spanish borrowing costs to near euro-era records last month
June 10th, 2012 - 10:40 GMT

Euro crisis a threat to UAE economy

Brent crude was trading just under $99 per barrel on Friday after dropping to a 16-month low below $96 a barrel last week
June 10th, 2012 - 10:37 GMT

Saudi cuts May crude production

The fund was allocated by the Gulf Cooperation Council (GCC) during last year’s summit to support development projects in the Kingdom
June 10th, 2012 - 10:33 GMT

Qatar to pay $1.25b to Jordan through GCC fund

Algeria needs to import large quantities of refined fuel products such as gasoline and gasoil due to insufficient refining capacity
June 7th, 2012 - 11:22 GMT

Algeria tries to boost its oil and gas capacity

Budget deficit in first quarter reached LL1.009 trillion compared to LL1.655 trillion in the same period of 2001, a decrease of LL646 billion
June 7th, 2012 - 10:26 GMT

Can telecom revenues justify Lebanon's budget deficit?

Jordan will be among the countries that benefit from this global growth as the country’s tourism industry has solid roots
June 6th, 2012 - 11:55 GMT

Jordan's tourism recovers this year, fostered by global growth

The situation in Libya will continue to be monitored; but as of now it remains unsafe for any flights to resume
June 6th, 2012 - 11:44 GMT

Gunmen stall flights in Libya

Iranian nuclear programme has escalated the threat level in the region
June 6th, 2012 - 10:37 GMT

Saudi is threatened by Iran's nuclear plans

The price of 98-octane graded fuel is now LL34,600, while the 95-octane graded fuel is LL33,900
June 6th, 2012 - 10:27 GMT

Lebanese gasoline prices descend further

This increase compares to a yearly decline of 0.5 percent in the coincident indicator witnessed in the first three months of 2011
June 6th, 2012 - 10:17 GMT

Lebanon's economy booms first quarter

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