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US unfreezes major Iranian assets during talks over Hormuz
April 11th, 2026 - 10:14 GMT
Osama Ali

Osama Ali

US unfreezes major Iranian assets during talks over Hormuz

ALBAWABA - According to a senior Iranian source, the United States has consented to unfreeze Iranian financial assets stored overseas, which is viewed as a possible step toward furthering the two sides' continuing conversations. Speaking to Reuters, the person characterized the action as a show of goodwill and perhaps a step closer to a more comprehensive deal. Associated with Hormuz Security According to officials, the release of assets is contingent ...
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Women still face many challenges in the work place. (AFP)
August 9th, 2016 - 12:00 GMT

Women still face huge barriers in workplace

Vladimir Putin and Recep Tayyip Erdogan will meet on Tuesday to revive the relationship. (AFP/File)
August 9th, 2016 - 11:00 GMT

Erdogan and Putin meet to discuss economic relations

Pakistani journalists grieve over the body of a news cameraman after an explosion at a government hospital in Quetta on Monday. (AFP/File)
August 9th, 2016 - 09:30 GMT

Daesh claims responsibility for Pakistan hospital attack

Pakistanis bought property worth Dh3 billion which comes to about Rs85 billion (Pakistani rupees). (File photo)
August 9th, 2016 - 08:00 GMT

Pakistanis and Indians are biggest property investors in UAE

Egypt is implementing several reforms to wean the population off a decades-old, costly subsidy program. (Shutterstock)
August 9th, 2016 - 07:00 GMT

Egypt to hike electricity prices by 40 percent to phase out subsidies

A picture shows the Indian embassy in the Saudi capital Riyadh on August 2, 2016. New Delhi was working to feed more than 10,000 Indian labourers stranded in the Gulf with no wages after losing their jobs, in what Foreign Minister Sushma Swaraj called a "food crisis". (AFP/Stringer)
August 9th, 2016 - 06:00 GMT

King Salman issues directive on unpaid Indian workers in Saudi Arabia

Payday just got a little better for some expat workers. (Shutterstock)
August 9th, 2016 - 04:00 GMT

Go big or go home: Expat salaries soar in Dubai

Egyptia state-owned banks are likely to borrow from abroad in case its own resources of foreign exchange cease to cover the needs of its clients. (File Photo)
August 8th, 2016 - 05:00 GMT

Egypt's government banks rely on own resources for US dollars

Only four in 10 employers have a strategy in place to attract workers who are not actively seeking a new job, despite professionals being overwhelmingly open to being contacted with potential offers of employment. (AFP/File)
August 8th, 2016 - 03:00 GMT

Employers overlooking talented candidates: Study

Dhows carrying tourists cruise off the Oman's Khasab shores along the Strait of Hormuz. (AFP/File)
August 8th, 2016 - 02:00 GMT

Oman suffering from decline in tourism

The Emirates' annual summer travel peak has kept Dubai airport very busy. (File Photo)
August 8th, 2016 - 01:00 GMT

Dubai Airport to reach 8.5 million passenger target

Unsolicited job offers were sent from scammers posing as Dubai Petroleum, Rak Petroleum, Barclays Oil and Gas, among others. (Shutterstock)
August 8th, 2016 - 12:00 GMT

Desperate for work, Jordanian job seekers fall prey to scammers in Gulf

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