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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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Oil has plunged 12 percent this month to about $92.50 after Iran and the six world powers resumed talks in Istanbul last month
May 20th, 2012 - 12:22 GMT

Iran Economy Alert: Sanctions will have knock-on effect on west's economies

The all-share index closed 1.9pc lower at 6,966 points, 8.6pc higher than at the start of the year but a 12pc drop from a 44-month high hit on April 3
May 20th, 2012 - 12:17 GMT

Saudi stocks take a dive

Al Bawaba
May 20th, 2012 - 11:40 GMT

UAE current account surplus quadruples in the year

Those who have to be in Lebanon should be in contact with the UAE Embassy and they are urged to exit the country as soon as possible
May 20th, 2012 - 11:23 GMT

Gulf states issue travel warning on Lebanon summering

According to the plan, the Saudi drivers will get a monthly salary of at least SR 5,000
May 20th, 2012 - 11:00 GMT

28,000 Saudi cabbies make inroads on migrant dominated career path

Al Bawaba
May 20th, 2012 - 09:41 GMT

UAE's new monitor watches over financial services

Ajman Municipality closed the private university while education officials said that ‘parents are to blame for their students’ plight since they had not checked the university’s status
May 17th, 2012 - 11:51 GMT

UAE university's sudden closure leaves students non-the-wiser!

The volume of investments in the estates was around $2 billion, 68 per cent of which are by Jordanian business people
May 17th, 2012 - 11:46 GMT

Jordan's industrial-estate exports hit $530 million

he 44 page publication on the GCC airports performance and future growth trends and projections was released for the Airport Show-2012
May 17th, 2012 - 11:37 GMT

UAE+Qatar combined airport capacity reaches 190m

Lebanese Ministry of Finance said that payments of salaries, wages and related benefits have been gradually increasing since 2008
May 17th, 2012 - 11:28 GMT

Cost of hiring staff escalates from the previous year

Dubai shares ended at a 15-week low yesterday and most other Gulf markets retreated, as slipping oil prices
May 17th, 2012 - 10:36 GMT

Bahrain profits as Gulf markets slip

Iraqi Airways is among the oldest airlines in the region but has no planes of its own after it avoided paying hundreds of millions of dollars of debt owed to Kuwait
May 17th, 2012 - 10:23 GMT

Iraqi Airways is back

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