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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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In a benchmark of Dubai against other key global cities such as London and New York, the city had the best ranked infrastructure of any country listed. (Shutterstock)
March 20th, 2018 - 02:00 GMT

Dubai Has Best Infrastructure Among World's Global Cities: Report

Egypt’s Minister of Tourism Rania Al Mashat said that her ministry is working hard to attract Kuwaiti tourism in the coming period. (AFP)
March 20th, 2018 - 01:30 GMT

Egypt 'Will Move Heaven and Earth' to Woo Kuwaiti Tourists This Summer: Minister

Russia and Sudan have signed an agreement to build a nuclear plant in Sudan in 2019. (File photo)
March 20th, 2018 - 12:50 GMT

Nuclear in Sudan: Russia to Build First Nuclear Plant in Sudan in 2019

Saudi crown prince's interview with CBS News set the tone for his US tour. Here's how. (Screenshot/ CBS News)
March 20th, 2018 - 12:12 GMT

'$20 Billion of State Funds Was Disappearing Every Year': Mohammed Bin Salman Defends Corruption Probe in CBS Interview

Facebook's co-founder and CEO Mark Zuckerberg saw more than $5 billion of his net worth evaporate after reports of the worst data leak in the company's history emerged on Monday. (AFP/ File)
March 20th, 2018 - 12:05 GMT

Facebook Suffers Worst Daily Loss on User Data Leak, Zuckerberg's Net Worth Down $5 Billion

The forum brings together around 1,000 business leaders, entrepreneurs, diversity champions and policy-makers from both genders. (Courtesy of WEF)
March 20th, 2018 - 11:47 GMT

'We Can't Understate the Role of Mohammed Bin Salman': Women Economic Forum Opens in Riyadh

In the first death involving a self-driving car, an Uber vehicle on autonomous mode hit a pedestrian in Arizona, U.S., early Monday. (AFP)
March 20th, 2018 - 11:31 GMT

Uber Halts Self-Driving Car Trials After Pedestrian Dies in US

The online travel sector in the GCC grew 9 percent in 2017, according to a new report. (Shutterstock)
March 19th, 2018 - 04:00 GMT

Online Travel Sector in GCC Grows 9 Percent in 2017: Report

The move aims to raise competitiveness in the recruitment sector. (File photo)
March 19th, 2018 - 02:11 GMT

Saudi Arabia: Recruitment Firms Sector Now Open to Foreigners

Companies cannot prevent the part-time worker from being employed by a similar establishment. (File photo)
March 19th, 2018 - 01:30 GMT

Want to Work Part-Time in UAE? Here's What You Need to Know

Leaders from the world’s top 20 economies are set to meet in Buenos Aires this week, with the current state of the global economy at the top of the agenda. (AFP)
March 19th, 2018 - 12:59 GMT

G20 Meeting, Bitcoin Woes: 5 Things to Know in Global Markets Today

As many as nine companies in the UAE are likely to raise funds through IPOs this year. (Ben Job/ Reuters)
March 19th, 2018 - 12:14 GMT

UAE Companies Could Raise $9 Billion From IPOs in 2018

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