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Hormuz Strait
August 15th, 2026 - 12:17 GMT
Osama Ali

Osama Ali

Washington is coming for Iran's wallet

ALBAWABA - The United States is developing a new, wide package of economic measures aimed at increasing pressure on Iran, with senior officials describing the planned penalties as among the harshest ever imposed on a single country. The approach will blend financial sanctions, stepped-up maritime enforcement and calibrated military deterrence, but it will also leave diplomatic doors open to allow for the potential of future negotiations, a source familiar with ...
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Dubai’s proposed 'Mortgage Law' intends to create greater depth in the property marketplace. (Shutterstock)
April 23rd, 2018 - 06:22 GMT

Dubai’s New Mortgage Law to Bring More Flexibility, Financing Options

Dubai Economic Department had forecast the economy would growth 3.2 per cent in 2017 and 3.5 per cent in 2018. (Shutterstock)
April 22nd, 2018 - 10:14 GMT

Dubai’s Economy Slows in 2017: Report

Travel exhibition showcases latest trends in hospitality, aviation. (ATM)
April 22nd, 2018 - 10:00 GMT

Arabian Travel Market 2018 Kicks off in Dubai

The launch of the General Entertainment Authority in 2016 has already had a transformative impact, hosting more than 2,000 events in 2017. (SG)
April 22nd, 2018 - 06:32 GMT

Saudi Arabia Puts Aside $64 Billion for Arts, Entertainment Projects Over Next Decade

According to JLL, year-on-year rents have now declined by 6.5 per cent and 10.2 per cent for apartments and villas, respectively. (Shutterstock)
April 22nd, 2018 - 05:53 GMT

Dubai Rents: More Supply Pushes Prices Down in Popular Areas in 2018

Jordan suspended the free trade agreement deal with Turkey in March this year. (File photo)
April 19th, 2018 - 10:00 GMT

Jordan, Turkey to Renegotiate Suspended FTA Deal

The World Steel Association (Worldsteel) has projected global steel demand will rise 1.8 percent year-on-year in 2018. (File photo)
April 19th, 2018 - 09:00 GMT

World’s Steel Demand to Reach 1.62 Billion Tons in 2018: Report

The UAE is ahead of the global pack in its adoption of blockchain and cryptocurrencies. (File photo)
April 19th, 2018 - 08:00 GMT

UAE Set to Become Global Leader in Blockchain, Cryptocurrencies

The cost of renting prime office space in Abu Dhabi has fallen in the last year and is expected to fall further, according to a report. (File photo)
April 19th, 2018 - 07:00 GMT

Abu Dhabi's Prime Office Rents to Fall Further in 2018: Report

India is the first trading partner for the UAE. (File photo)
April 19th, 2018 - 06:00 GMT

Trade Between UAE, India Likely to Cross $100 Billion by 2020

Dubai Expo 2020 will boost the UAE’s global reputation as the go-to place for major events. (File photo)
April 19th, 2018 - 05:00 GMT

Expo 2020 to Boost UAE’s Reputation as Events Destination: Experts

“We see a significant increase in the interest in Saudi Arabia.” (Photo: AFP)
April 18th, 2018 - 01:00 GMT

Now Is the 'Right Time' to Invest in Saudi Arabia: Analysts

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