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Iran calls Hormuz attack a "Mistake" as Nuclear talks hang in the balance
July 11th, 2026 - 10:43 GMT
Osama Ali

Osama Ali

Iran calls Hormuz attack a "Mistake" as Nuclear talks hang in the balance

ALBAWABA — Iran has allegedly told the United States that the recent attack on commercial vessels in the Strait of Hormuz was not deliberate, showing its desire to keep diplomatic lines open amid increasing tensions between the two countries. The Wall Street Journal said that Iranian officials recently told Washington the event was a mistake and reiterated their readiness to continue negotiations over Tehran's nuclear program. The message comes as ...
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Automation is now a key driver for the full spectrum of industries, including ecommerce.
July 11th, 2019 - 09:16 GMT

Report: Middle East Logistics Market to Reach $66.3 Billion by 2020

For sovereigns in the Middle East, investment risk is seen as the biggest challenge to investing in China.
July 11th, 2019 - 06:48 GMT

China’s Attractiveness Rating for Sovereign Investors Higher Than Peers Despite US-China Trade War

The UAE has seen its rating improve seven places since the launch of the report in 2012-13 till date.
June 26th, 2019 - 07:30 GMT

UAE Ranks 1st Among Its Peers in Mideast in FutureBrand Index

The issue of our Palestinian people is a nationalistic issue
June 23rd, 2019 - 11:30 GMT

Palestinians Dismiss Economic Part of Middle East 'Peace Plan'

Within 10 years, the plan aims to double Palestine's Gross Domestic Product (GPD) by calling for $27 billion dollars in projects in the West Bank and Gaza.
June 23rd, 2019 - 09:00 GMT

US Reveals Economic Section of Middle East Peace Plan

The energy equilibrium in the Eastern Mediterranean presents various problems but also opportunities for cooperation among the parties involved.
June 16th, 2019 - 09:43 GMT

An Overview On Energy Resources in Eastern Mediterranean

Fintech will continue to slowly expand in the Middle East and Africa
June 11th, 2019 - 10:30 GMT

S&P: Fintech to Expand in Middle East, Africa

A significant majority (78 per cent) across the region are struggling to harness technological advancements and a lack of digitization is evident.
May 30th, 2019 - 10:52 GMT

73 Percent of Firms in the Middle East Aware of Financial Crimes

Emirates Islamic is the first to launch a cashless mobile wallet app, and it’s rapidly gaining popularity with the users. 
May 26th, 2019 - 10:00 GMT

Check out the First Cashless Mobile Wallet in UAE

Courtesy Ascia Al Faraj
May 20th, 2019 - 11:07 GMT

Meet Ascia Al Faraj, the Influencer With ‘Many Hats’

The Middle East region saw a recovery in jewellery demand
May 3rd, 2019 - 09:45 GMT

Global Gold Demand Soars 7 Percent Due to Investors, Central Banks Support

White House senior adviser Jared Kushner (Twitter)
April 18th, 2019 - 06:57 GMT

Deal of The Century to be Unveiled After Ramadan

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