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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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Fitch Ratings, on Friday, affirmed Tunisia’s Long-Term and Local Currency issuer Default Ratings (IDRs) at B+, outlook stable. (AFP/ File)
June 1st, 2017 - 10:53 GMT

'Fitch Ratings Affirming Tunisia at B+ Meant to Reassure Investors': Economist

The law extends safeguards to domestic workers against physical, verbal and sexual abuse, as well as human trafficking and forced labor. (AFP/ File)
June 1st, 2017 - 09:50 GMT

UAE Approves Draft Law on Domestic Workers to Stop 'Slave-Like' Conditions

A view of the Citadel in downtown Amman. (File photo)
May 31st, 2017 - 06:00 GMT

Jordan Cuts Government Spending by $288 Million in 2017 State Budget

The deal will develop a world-class maritime yard within the King Salman International Complex located near the Jubail Industrial City on the country's east coast. (File photo)
May 31st, 2017 - 05:00 GMT

Saudi Aramco Partners With Hyundai, Lamprell and Bahri to Build GCC's Biggest Shipyard

The US has temporarily stepped back from placing a ban on carry-on computers on flights coming in from Europe. (Shutterstock)
May 31st, 2017 - 02:05 GMT

No Laptop Ban on US Flights From Europe, for Now

Intel's new Compute Card is a fully-functional PC small enough to fit inside your wallet. (Tbreak)
May 31st, 2017 - 12:54 GMT

Intel's Compute Card, a Credit Card-Sized PC, Is Coming in August

Russian President Vladimir Putin (L) with Saudi Deputy Crown Prince Mohammad Bin Salman in Moscow, on May 30, 2017. (Sputnik)
May 31st, 2017 - 11:39 GMT

Russia, Saudi Arabia Discuss Oil, War in Syria on Prince's Visit to Moscow

Amazon’s share price briefly crossed the $1,000 mark this week for the first time in its 20-year history as a publicly-traded company. (Pixabay)
May 31st, 2017 - 10:34 GMT

Investors Rejoice as Amazon Hits $1,000 a Share

The wind farm is expected to generate around 50 megawatt electricity from its planned farm at Harweel in Dhofar. (Pixabay)
May 31st, 2017 - 09:28 GMT

Oman to Launch Its First Large-Scale Wind Farm in 2020

Sudan has banned all agricultural and animal product imports from Egypt amid growing tensions between the two countries. (Gianluigi Guercia/ AFP)
May 30th, 2017 - 08:00 GMT

Sudan Bans Egypt's Imports Amid Growing Tensions

The European Union has announced the extension of sanctions against Syrian authorities until June 1, 2018. (Daniel Leal-Olivas/ AFP)
May 30th, 2017 - 07:00 GMT

EU Extends Sanctions Against Syria to June 2018

Global trade is expected to recover in 2017 as the factors that drove the slowdown have gone into reverse. (Pixabay)
May 30th, 2017 - 06:00 GMT

Global Trade Expected to Recover in 2017, After a Sad 2016

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