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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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Majority of MPs voted in favour of a proposal by nine of their colleagues to deduct a certain percentage of lawmakers’ salaries to support the troubled Treasury
May 24th, 2012 - 07:50 GMT

Jordan's lower house gives up 15% salaries to treasury

Prime Minister Najib Mikati announced that a revised version of the 2012 budget will be sent to the Parliament later this week
May 23rd, 2012 - 11:02 GMT

Lebanon leans on private sector to close the deficit gap

The price of 98-octane graded fuel now stands at LL36,000 while the price of 95-octane graded fuel is LL35,300
May 23rd, 2012 - 08:07 GMT

Gasoline prices plummet in Lebanon

The social networking giant will be opening an office in Dubai Internet City
May 23rd, 2012 - 07:12 GMT

Facebook at work? They will be in Dubai

The drop is attributed to the wait-and-see mood impeding investors from initiating new projects on the back of fears that violence will spill over from neighboring Syria
May 22nd, 2012 - 12:31 GMT

Violence in Lebanon halts construction projects

The Twitter and facebook accounts were shut down for containing abusive or threatening material
May 22nd, 2012 - 12:24 GMT

Online censorship: UAE police shut down Facebook and Twitter accounts

Bahrain is focusing on upgrading the energy sector, diversify revenues and promote the Kingdom's status as a major investment destination.
May 22nd, 2012 - 11:49 GMT

Bahrain plans more oil excavation

The events raised questions on whether Lebanon would be able to attract the number of tourists and expats that it usually expects this time of year
May 22nd, 2012 - 11:39 GMT

Tourists cancel their Lebanese holidays as security situation deteriorates

The property is spread over an area of 37,410 square feet, housing 763 luxury apartments, including one, two, three and four bedroom apartments
May 22nd, 2012 - 10:33 GMT

It's official: World's tallest building in Dubai

Airports are currently leading the boost, as tourism continues to be a major growth driver in the region
May 20th, 2012 - 12:39 GMT

Gulf airport contracts fly ahead to the tune of $2bn

3D glasses, plus educational videos and applications are set to hit the Emirates next month, which will give schools the option of holding lessons in 3D
May 20th, 2012 - 12:36 GMT

UAE pupils encouraged to enhance learning with 3D specs

Facebook’s share price began to fizzle, and dropped to below $39 just 20 minutes after trading began
May 20th, 2012 - 12:30 GMT

Facebook's out for the summer: Roll up for FB shares!

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