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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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The post VAT, job insecurity hit Gulf mobile phone market appeared first on Tahawul Tech. (Shutterstock)
May 29th, 2018 - 10:48 GMT

VAT, Job Insecurity Hit Gulf Mobile Phone Market

The digital currency was down over 14.69% over the week. (Shutterstock)
May 29th, 2018 - 10:48 GMT

Bitcoin Sell-Off Continues; FCA Investigates 24 Crypto Firms

As part of the efforts to revive the Kingdom’s car market the first showroom for women was opened in Jeddah last January where fuel-efficient cars have been displayed. (AFP)
May 29th, 2018 - 10:30 GMT

Women Driving to Increase Car Sales by 10 Percent in Saudi Arabia

Ramadan provides an economic boost for retailers and improves the business environment. (Shutterstock)
May 29th, 2018 - 10:00 GMT

How Ramadan Sets off a Consumer Boom

Jordan’s parliament in coming days is expected to discuss an amended version of the income tax bill.(Shutterstock)
May 29th, 2018 - 09:02 GMT

Jordan Unionists Plan Strike to Protest Income Tax Bill

Israel’s seven largest banks provide services to settlements, which are regarded as illegal under international law because they are built on Palestinian land occupied in 1967. (Shutterstock)
May 29th, 2018 - 08:18 GMT

Israeli Banks Financing Illegal Settlements

Prices of petrol have been increased by 14 fils a litre. (Shutterstock)
May 29th, 2018 - 06:45 GMT

Petrol Prices Reach Highest Levels Next Month in UAE

The UAE meets Canada's criteria for a visa exemption, an evaluation has found. (Shutterstock)
May 29th, 2018 - 06:36 GMT

Canada to Lift Visa Requirements for UAE Citizens

The Ministry of Manpower has issued three ministerial decisions — Nos. 206/2018, 207/2018, and 208/2018 — to extend the ban on the temporary recruitment of non-Omani manpower. (Shutterstock)
May 28th, 2018 - 12:30 GMT

Oman Extends Expat Visa Ban by 6 Months

Precious metals, led by gold, have recently been caught in the crosshairs of a rising dollar and US 10-year bond yields climbing through the psychological 3% level. (File Photo)
May 28th, 2018 - 12:00 GMT

Gold Bounces Back to $1,300/Oz as Oil Rally Runs out of Steam

The blockade has made Qatar to consider ways of becoming more self-sufficient. (Shutterstock)
May 28th, 2018 - 10:20 GMT

'A Year On, Qatar Emerging Stronger Despite Blockade'

It is important that Bahrain maintains momentum. (Shutterstock)
May 28th, 2018 - 10:03 GMT

Bahrain Implementing $32 Bn Infrastructure Development Programme

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