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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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Internet data users in Saudi Arabia enjoy 400 percent more in data volume and 200 percent more in audio bandwidth, according to a new report. (File photo)
November 29th, 2017 - 06:00 GMT

Saudis Enjoy 400 Percent More Internet Data Than Global Average: Study

“We’ve worked together to help stop the spread of polio and other diseases. His commitment to philanthropy is inspiring.” - Bill Gates. (Alwaleed Philanthropies)
November 28th, 2017 - 08:44 GMT

Arrested Prince Alwaleed Bin Talal an ‘Important Partner’: Bill Gates

The total area of Riyadh City is approximately 8,000 hectares, equivalent to 45 percent of Abu Dhabi's total residential land area. (AFP)
November 28th, 2017 - 08:05 GMT

Riyadh City: Abu Dhabi's Newest, Boldest Housing Project a Tribute to Riyadh

Workers reported that they had received letters from the airline ending their services and declaring that their contracts will not be renewed. (File photo)
November 28th, 2017 - 07:45 GMT

Qatar Airways Ends Operations in Egypt, Employees Left Jobless

Eight of the fields are located in the southern and eastern provinces of Basra, Missan, Muthanna, Wassit and Diyala, while the ninth is an offshore bloc in Iraqi waters in the Gulf. (File photo)
November 28th, 2017 - 07:27 GMT

Iraq Launches Bids for Nine Oil Fields Along Border With Kuwait, Iran

Oil-producing countries will meet in Vienna on November 30 to take a decision on future oil policy. (AFP/ File)
November 28th, 2017 - 07:13 GMT

Too Soon to Talk of Opec Deal Extension: Saudi Energy Minister

Undisturbed by the economic blockade, Qatar's banking industry witnessed a double-digit expansion in total assets in October, according to QCB data. (File photo)
November 28th, 2017 - 06:57 GMT

Qatar's Banking Sector Grows 10 Percent Despite Blockade: Central Bank

The new service includes activation of the new four-day, or 96-hour, transit visa for all nationalities travelling through Abu Dhabi. (File photo)
November 27th, 2017 - 11:51 GMT

Abu Dhabi Announces New Visa on Arrival, for All Nationalities

Saudi Aramco and petrochemical producer Sabic have signed a deal to build a $20 billion complex to convert crude oil to chemicals. (AFP/ File)
November 27th, 2017 - 11:26 GMT

Saudi Aramco's New Oil-to-Chemicals Complex to Create 30,000 Jobs

The UAE today approved the names of 737 Emiratis who are eligible for housing support, at Dh476 million. (File photo)
November 26th, 2017 - 08:00 GMT

Emiratis Get Dh476 Million in Housing Assistance in UAE

Expo 2020 Dubai has so far awarded Dh10.8 billion construction contracts in 2017. (Karim Sahib/ AFP)
November 26th, 2017 - 07:00 GMT

Expo 2020 Awards Over Dh11 Billion in Contracts in 2017

Saudi Arabia's stock market (Tadawul). (AFP/ File)
November 26th, 2017 - 06:00 GMT

Saudi Arabia Eases Requirements for Foreign Investors in Stock Market

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