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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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Prices in Saudi Arabia rose on the month by 0.2pc
May 13th, 2012 - 12:09 GMT

SA's inflation is not letting-up

Brent futures snapped a nine-day losing streak on Friday, closing 9 cents higher at $112.60 per barrel
May 13th, 2012 - 11:56 GMT

Black gold crisis leaves investors shaky

Egypt's operating environment will remain challenging over the next 12-18 months, underpinned by weak economic growth prospects and a negative investment climate
May 13th, 2012 - 11:51 GMT

Egypt's banking sector remains bleak

The medical tourism worldwide is set to become a $100 billion industry this year and the UAE has potential to get considerable share of it
May 13th, 2012 - 11:36 GMT

UAE sizes up $100b industry

Schools must comply with the number of school days and school hours stipulated by the regulators
May 13th, 2012 - 11:10 GMT

Schools out for summer!

UAE economic growth will decelerate to 3 percent this year from 4.9 percent in 2011 as oil output growth eases
May 10th, 2012 - 12:53 GMT

Lend-Slide: Top UAE banks lending falls

Kids have iPods, computer video games, iPhones and other gadgets. Teachers need to be equipped with knowledge in new technology
May 10th, 2012 - 11:20 GMT

School teacher scolded for not getting with the iPad agenda

The route is a vital trading link between the UAE and Saudi Arabia, as well as for the onward transit of goods across the region
May 10th, 2012 - 09:05 GMT

Saudi customs cooperate to slash delays at border

This was necessitated due to a number of reported vehicle thefts because of the habit of drivers leaving their engines running.
May 10th, 2012 - 07:45 GMT

Fines for engines left running, to combat car theft

Under the agreement, salaries of the agency’s workers will be increased by JD50 retroactively from the beginning of this year
May 10th, 2012 - 07:12 GMT

UNRWA workers will halt strike action with compromise

The manufacturing sector was the most optimistic, followed by the services and trading industries, the survey revealed
May 9th, 2012 - 12:42 GMT

Dubai firms optimistic for 2nd quarter

Brent North Sea crude for June slid $1.18 to $111.98 a barrel in London afternoon trading, and a day after hitting a three-month low point of $111.25
May 9th, 2012 - 12:03 GMT

Crude oil prices slip in response to shaky growth confidence

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