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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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Saudi Arabia wants to nationalize jobs in Riyadh Metro by qualifying young Saudis to handle technical jobs. (Ahmed Farwan/ AFP)
October 30th, 2017 - 04:00 GMT

Saudi Arabia Trains More Than 40 Saudis for Riyadh Metro Jobs

Today more than 140 Shake Shacks globally are located in the GCC. (Shutterstock)
October 30th, 2017 - 12:17 GMT

Shake Shack Plans Saudi Expansion

The initiative is aimed at supporting women working in the private sector and increase their employment in this sector. (File photo)
October 30th, 2017 - 12:07 GMT

Saudi Arabia's MoL to Bear 80 Percent of Transportation Cost for Working Women

VAT is likely to bring notable changes in the way business is carried out by hospitality firms in the UAE. Here are some of these changes. (File photo)
October 30th, 2017 - 11:54 GMT

Opinion: How VAT in UAE Will Affect Tourism, Hospitality Sectors

Turkey and Jordan agreed in 2016 on a Roll-on/Roll-off 'Ro-Ro' route between Turkish ports and Jordan’s Aqaba port, but the deal never took off. (File photo)
October 30th, 2017 - 11:26 GMT

Turkey, Jordan Mull New Maritime Route Project

Iran's president, Hassan Rouhani. (AFP/ File)
October 30th, 2017 - 11:08 GMT

Iran Expects to Sign More Than $20 Billion of Energy Contracts in 2018

For the first time since 1986, Oman’s remittance inflows this year is projected to reach $40 million, according to a World Bank report. (File photo)
October 30th, 2017 - 10:56 GMT

For First Time Since 1986, Oman’s Remittances Reach $40 Million

The new service is aimed at helping customers save time by providing them with a fully-equipped van with internet services, laptops, and technology, with the service available 24/7. (Courtesy of Sharjah Chamber)
October 30th, 2017 - 10:44 GMT

Sharjah Chamber of Commerce Deploys 'You Call, We Arrive' Trucks for Private Sector

The agreements enforce Law No. (21) of 2015 regulating the entry and exit of expats and their freedom to change their employer. (AFP/ File)
October 29th, 2017 - 03:33 GMT

Qatar Signs 41 Worker Protection Agreements With Different Countries

Iran’s crude oil exports to Russia are part of an oil-for-goods barter scheme with Russia. (File photo)
October 29th, 2017 - 02:51 GMT

Iran to Begin Oil Exports to Russia Under Oil-For-Goods Barter Deal

The EgyptAir deal to buy 45 new aircraft will be the largest in the company history. (File photo)
October 29th, 2017 - 02:36 GMT

EgyptAir to Make Largest Deal in Its History, With 45 New Aircraft

A consortium comprising Qatar Petroleum has been selected as the winning bidder for a key oil exploration deal in Brazil. (Pictured here: Saad Sherida Al-Kaabi, President and CEO of Qatar Petroleum)
October 29th, 2017 - 02:21 GMT

Qatar Petroleum Part of Winning Consortium for Oil Exploration in Brazil

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