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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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According to government officials, the rule was implemented to stop expatriates switching jobs and joining competing firms.
June 29th, 2017 - 10:44 GMT

Work Ban in Oman: 60 Percent of Poll Respondents Say Yes to NOC

All Géant stores across the Middle East will be rebranded under the Carrefour name. (AFP)
June 29th, 2017 - 10:13 GMT

Majid Al Futtaim Expands Carrefour in Middle East With Géant Acquisition

The new cyber attack is very similar to the ransomware that infected more than 300,000 computers last month. (File photo)
June 28th, 2017 - 12:54 GMT

New Ransomware Attack Hits Companies, Economic Institutions Across the World

Skype has been blocked (again) by both internet service providers in the UAE. (File photo)
June 28th, 2017 - 12:38 GMT

UAE Blocks Skype Voice and Video Calls, Again

Hamad International Airport may lose about 27,000 passengers on a daily basis in July if the Gulf rift persists, according to analysts. (Karim Jaafar/ AFP)
June 28th, 2017 - 11:55 GMT

Qatar Hotel Occupancy Falls 57 Percent on First Day of Eid Al-Fitr

Iran's Foreign Minister Mohammad Javad Zarif (R) and his German counterpart, Frank-Walter Steinmeier, during a meeting on February 2, 2016, in Tehran. (Atta Kenare/ AFP)
June 28th, 2017 - 11:27 GMT

Germany Wants Better Banking Cooperation With Iran: Minister

The Boeing 737 MAX 9. (Courtesy of Boeing)
June 28th, 2017 - 11:11 GMT

Boeing Inks Deals Worth $74.8 Billion at Paris Air Show 2017

Qatar reduces the price of petrol and diesel in July. (File photo)
June 28th, 2017 - 10:56 GMT

Qatar Cuts Petrol Prices, Despite Crisis

Emirati traders follow the stock market activity at the Dubai Financial Market. (Karim Sahib/ AFP)
June 28th, 2017 - 10:41 GMT

Arabtec Share Price Falls 9 Percent After Recapitalization

Qatar Airways. (File photo)
June 28th, 2017 - 09:37 GMT

Qatar Airways Seeks 10 Percent Stake in American Airlines

IoT already connects more than 10 billion devices worldwide. (File photo)
June 25th, 2017 - 06:09 GMT

IoT Will Generate $4 to $11 Trillion By 2025: Report

Saudi men chat outside the Saudi Stock Exchange in Riyadh. (AFP/ File)
June 25th, 2017 - 05:25 GMT

What Is MSCI Emerging Market Index, and Why Is It Good for Saudi Arabia?

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