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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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The Saudi Ministry of Labor has forced a cleaning and maintenance company to release overdue paychecks to more than 450 male and female workers. (AFP)
May 25th, 2017 - 10:09 GMT

Saudi Arabia: 450 Workers Get Paychecks After Ministry’s Intervention

OPEC members will meet on Thursday to discuss the prolongation of the oil cut deal. (AFP)
May 24th, 2017 - 05:00 GMT

Oil Prices Stall Ahead of Pivotal OPEC Meeting

The Emirati, who made his name at Emaar, also has several other e-commerce plays going after acquiring a large stake in regional venture capital fund MEVP last Thursday. (File photo)
May 24th, 2017 - 01:29 GMT

Emaar's Alabbar Acquires Majority Stake in E-commerce Site Namshi

Filipino low-cost airline Cebu Pacific is suspending operations to and from Kuwait, Riyadh and Doha, claiming that these routes are no longer viable. (AFP/ Jay Directo)
May 24th, 2017 - 12:49 GMT

Filipino Airline Suspends GCC Flights Saying Routes 'Not Viable'

Qatar said Wednesday it had begun an inquiry into an unprecedented security breach by hackers who posted fake news stories attributed to its ruler on highly sensitive regional political issues. (AFP/ Marwan Naamani)
May 24th, 2017 - 12:17 GMT

Hackers Target State-Owned News Agency, Defame Qatar's Emir

The UAE and Qatar have announced reduced working hours in Ramadan for all employees. (File photo)
May 24th, 2017 - 11:44 GMT

UAE, Qatar Announce Reduced Working Hours in Ramadan

Israeli Prime Minister Benjamin Netanyahu attends a cabinet meeting in Jerusalem on March 16, 2017. (AFP/ Amir Cohen)
May 24th, 2017 - 10:57 GMT

Massive US-Saudi Arms Deal Upsets Israeli Officials

Bayzat has raised $3 million in new funding, after it raised $3.5 million in November last year in a round led by BECO Capital. (YouTube/ Bayzat)
May 24th, 2017 - 06:00 GMT

UAE Startup Bayzat Raises Another $3 Million in Funding

Then French President Francois Hollande (L) and French President-elect Emmanuel Macron at a special ceremony at the Jardin du Luxembourg, on May 10, 2017. (AFP/ Eric Feferberg)
May 23rd, 2017 - 08:00 GMT

Saudi Arabia Is France's Largest Market in the Middle East: Diplomat

A Boeing aircraft takes off in Belgium. (AFP/ Philippe Huguen)
May 23rd, 2017 - 07:00 GMT

Aviation at the Heart of Saudi-US Relations, and the Proof Is Boeing

A worker looks at the 9HA Gas Turbine, at the General Electric (GE) plant in Belfort, France, on May 28, 2015. (AFP/ Frederick Florin)
May 23rd, 2017 - 06:00 GMT

General Electric Eyes Further Expansion in Qatar

All private sector establishments in Saudi Arabia with an annual revenue of over SR375,000 ($100,000) will be paying monthly VAT starting January 2018. (Shutterstock)
May 23rd, 2017 - 05:00 GMT

Saudi Arabia: Companies With Revenues More Than $100,000 Must Pay VAT in 2018

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