Main headlines | Al Bawaba

Main headlines latest

Strait of Hormuz

April 22nd, 2026 - 08:21 GMT

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 ...

Turkey produced 37.5 million tons of crude steel in 2017, according to industry body. (Shutterstock)

February 7th, 2018 - 04:00 GMT

Turkey’s Crude Steel Production Hits Historic High: Report

The sharp decline in world's stock markets in recent days will not lead to postponing the issuance of bonds by Egypt, according to a source at the Central Bank of Egypt. (Pictured here: Egyptian President Abdel Fattah el-Sisi/ AFP)

February 7th, 2018 - 02:29 GMT

Stock Markets Crisis Will Not Affect Egypt’s Bonds Issuance: Central Bank

A weak dollar means the potential for a global currency war is strong. (File photo)

February 7th, 2018 - 12:05 GMT

Opinion: A Currency War Is Taking Shape Around a Weak Dollar

Turkey intends to do its own 'unique work' on cryptocurrency, Deputy Prime Minister Mehmet Simsek said on Tuesday. (Pixabay)

February 7th, 2018 - 11:45 GMT

Turkey Has 'Unique Plans' for Cryptocurrency, Says Minister

After banking on oil for decades, Saudi Arabia is now trying to tie its future to another resource it has in abundance: sunlight. (File photo)

February 7th, 2018 - 11:27 GMT

From Oil to Solar: Saudi Arabia Rolls-Out a New Energy Plan

In 2013, Jordan and Iraq agreed on the idea of the 1,700-kilometer (1,000-mile) pipeline to run from Basra to Aqaba at a cost of $18 billion. (Shutterstock)

February 7th, 2018 - 09:02 GMT

Iraq, Jordan Agree on Basra-Aqaba Oil Pipeline

The sell-off across world stock markets on Monday sent investors rushing into the dollar, helping the US currency perform well against the euro, British pound and other commodity-linked currencies. (Jewel Samad/ AFP)

February 6th, 2018 - 12:55 GMT

From Dow Jones to Bitcoin: Top 5 Things You Need to Know Today

The new housing policy is part of Prince Mohammed bin Salman’s Vision 2030 for economic transformation in Saudi Arabia. (File photo)

February 6th, 2018 - 12:08 GMT

Saudi Arabia Spends $32 Billion to Privatize Its Housing Market: Bloomberg

Japan's Nikkei 225 index fell 7.1 percent to 21,087.71 by early Tuesday afternoon, after a wild day for U.S. stock markets. (AFP)

February 6th, 2018 - 11:37 GMT

Asian Markets Fall as Dow Jones Suffers Worst Day in Six Years

Among Middle East markets, only Iran came out with a strong demand, up 12 per cent to 45.4 tonnes, according to World Gold Council data. (AFP)

February 6th, 2018 - 10:14 GMT

Gold Jewelry Demand in UAE Falls to 20-Year Low: Report

Companies will pay a fine of SR2,000 ($533) if found to be keeping a worker’s passport, residence or medical insurance card without consent. (AFP/ File)

February 5th, 2018 - 04:00 GMT

Companies to Pay Fines for Holding Workers’ Passports: Saudi Arabia

The first Ryanair route from Paphos, Cyprus to Amman will begin in March, and will sold from €19.99. (Shutterstock)

February 5th, 2018 - 12:48 GMT

Ryanair, Jordan Announce 14 New Flights from Europe in Tourism Push