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Strait of Hormuz
April 22nd, 2026 - 08:21 GMT
Sally Shakkour

Sally Shakkour

Crypto scam scandal: Ships pay fake IRGC officials to pass at Strait of Hormuz

ALBAWABA - A new scandal has deepened the crack in the Strait of Hormuz following the discovery of a scam group luring ships, strained at the waterway due to closure by the Islamic Revolutionary Guard (IRGC), for money for a safe passage. According to news reports, the Indian-flagged oil tanker 'SANMAR HERALD', which was fired upon by Iranian gunboats last Sunday, fell victim to a crypto scam. In detail, the ...
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UAE's natural environment inspires Expo 2020 bus stations' design. (KhT)
June 10th, 2018 - 09:53 GMT

This Is How Expo 2020 Bus Stations Will Look

The Saudi companies on the list account for $39.1 trillion in sales, $3.2 trillion in profit, $189 trillion in assets and $56.8 trillion in market value. (Shutterstock)
June 10th, 2018 - 08:44 GMT

7 Saudi Firms on Forbes List of Largest Public Companies

Similarly, Abu Dhabi announced a stimulus package of Dh50 billion last week to give fillip to the emirate's economy. (Shutterstock)
June 10th, 2018 - 08:39 GMT

Dubai Offers Businesses New Facilitating Measures

The Saudi government has been urged to boost training of health professionals and ease visa requirements to meet an expected shortfall in qualified medical staff in the Kingdom. (AFP)
June 10th, 2018 - 08:36 GMT

Saudi Arabia Will Need an Additional 10,000 Doctors by 2020

Investors in Saudi Arabia and the UAE accounted for the highest proportion of the “very knowledgeable” category. (Shutterstock)
June 10th, 2018 - 08:28 GMT

Saudi Investors Keen on Real Estate and Looking Abroad

After the U.S. president hit European allies with aluminum and steel tariffs, the meeting shows a Washington policy drifting away from European commitments. (AFP)
June 10th, 2018 - 08:22 GMT

Oil Prices Slip on G7 Trade Concerns

Foreign direct investmentsI to the UAE rose by 8 per cent from $9.6 billion in 2016 to $10.4 billion (Dh38.17 billion) last year. (Shutterstock)
June 10th, 2018 - 08:03 GMT

Foreign Direct Investments Rose by 8 Percent, Lift UAE to No.1 in Arab World

Jordanian protesters wave national flags and shout slogans during an anti-austerity rally, on June 6, 2018, in front of the Labor Union offices in Amman. (AFP)
June 10th, 2018 - 07:21 GMT

Saudi Arabia to Host Gulf Conference on Supporting Jordan

Civil Service Commission (CSC) has informed Parliament’s Replacement Committee about an increase in the number of expatriate employees in the public sector to be terminated. (Shutterstock)
June 7th, 2018 - 09:13 GMT

Increase in Expats Terminations Early Next Month in Kuwait

Bitcoin was trading at $7,711.2 by 1:10AM ET (05:10GMT) on the Bitfinex exchange, up 1.4% over the previous 24 hours. (Shutterstock)
June 7th, 2018 - 09:03 GMT

Bitcoin Prices Rise; Fidelity Hiring For Crypto Projects

It includes freezing private school fees, and reducing and cancelling certain government fees. (KhT)
June 7th, 2018 - 08:51 GMT

Dubai Economic Stimulus Gains Momentum

The project is a step to ease the congestion of train vehicles, especially heading to Upper Egypt. (IndiaToday)
June 7th, 2018 - 08:43 GMT

Egypt to Introduce Double Decker Trains by the End of This Year

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