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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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Some premium and affordable residential neighbourhoods in Dubai are losing the most rental values – on a percentage basis. (File photo)
November 1st, 2017 - 10:10 GMT

Premium, Affordable Locations in Dubai Post Steepest Declines in Rent

Citizens and residents of Qatar will be required to obtain visa and pay fees to enter Bahrain. (Shutterstock)
November 1st, 2017 - 09:33 GMT

Visa for Residents of Qatar in Bahrain to Be Enforced From November 19

The Kingdom is among the top 20 countries in the world, and second among the most high-income in G-20 countries. (File photo)
November 1st, 2017 - 07:48 GMT

Saudi Arabia Ranks Second in World’s High-Income Countries for Business Reforms for 2018

Louvre Abu Dhabi will hold four days of celebrations to mark its opening. (Shutterstock)
November 1st, 2017 - 07:01 GMT

Four-Day Opening Gala for Louvre Abu Dhabi

Date farmers in Jericho in the West Bank are using treated water to grow crops and expand their businesses. (Alaa Badarneh for USAID)
November 1st, 2017 - 06:09 GMT

With Water Projects in West Bank and Gaza, US Cultivates Hope

The IMF has encouraged GCC countries to increase the pace of their reforms after projecting the worst growth in the region for years. (File photo)
October 31st, 2017 - 06:00 GMT

Gulf Region Staring at Its Worst Growth Since 2009: IMF

Turkey's food exports to Qatar surged 98 percent in the first nine months of 2017, compared to last year. (File photo)
October 31st, 2017 - 05:00 GMT

Turkey's Exports to Qatar up 90 Percent Since Blockade

Of these four blocks, one is an offshore block, while all others are onshore blocks. (Shutterstock)
October 31st, 2017 - 04:00 GMT

Oman to Award Four Oil Blocks in the Second Quarter of 2018

Saudi Arabia is the second country in the Gulf region to go for nuclear energy, after the UAE. (Wiki Images)
October 31st, 2017 - 01:46 GMT

Saudi Arabia to Extract Uranium for Nuclear Program: Official

UAE and Swiss nationals will not require a visa for a short-stay in each other’s countries. (Karim Sahib/ AFP)
October 31st, 2017 - 01:30 GMT

UAE, Switzerland Sign Visa Exemption Deal

As of October 2017, more than 11,600 projects worth $805 billion are being built across the UAE. (Shutterstock)
October 31st, 2017 - 12:44 GMT

UAE Construction Spending up 6.3 Percent in 2017 to $805 Billion

The first 'Bulgari' branded hotel in Dubai has got itself an opening date. (Courtesy of Bulgari)
October 31st, 2017 - 12:41 GMT

First Bulgari Hotel in Dubai Confirms Opening Date

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