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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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The Solar Impulse 2 touched down in Abu Dhabi Tuesday morning, completing the first round-the-world trip of a zero-fuel plane. (Wikimedia Commons)
July 26th, 2016 - 09:00 GMT

Solar plane completes historic round-the-world journey in Abu Dhabi

BDS protesters in Italy. (AFP/Vincenzo Pinto)
July 26th, 2016 - 08:00 GMT

Netanyahu declares global BDS movement ‘defeated’

The sponsor has not extended the Iqamas (residence permits) of many of these workers. (Saudi Gazette)
July 26th, 2016 - 07:00 GMT

Foreign workers file complaint after not being paid for over a year in western Saudi

State-owned institutions across Turkey, including Turkish Airlines, have begun firing anyone with alleged ties to Fethullah Gulen's religious movement. (Shutterstock)
July 25th, 2016 - 03:05 GMT

Turkish Airlines fires 211 employees in ongoing ‘purge’ of state institutions

A new electronic media law in Kuwait is tightening restrictions on online publications. (Shutterstock)
July 25th, 2016 - 02:41 GMT

New media law in Kuwait requires local ownership, special license for news sites

A Turkish flag pictured in Gaziantep, southeastern Turkey. (AFP Photo/Ozan Kose)
July 25th, 2016 - 01:00 GMT

Turkish Industrialists urge global trust in Turkish economy

There has been an increase in cyber attacks, mainly motivated by corporate espionage. (File photo)
July 25th, 2016 - 12:00 GMT

Mining companies facing heightened cyber security risk

Among Arab investors in Dubai, Jordanians came in first, followed by Egyptians and Lebanese. (File photo)
July 25th, 2016 - 11:00 GMT

With over $353 Million in real estate, Egyptians are Dubai’s second highest Arab investors

Saudi women shopping in one of the country's many malls. (File)
July 25th, 2016 - 09:02 GMT

Saudi shopping study: Night owls are big spenders

Riyadh is one of three cities in Saudi in which only nationals can buy property. (AFP/File)
July 25th, 2016 - 07:00 GMT

Shoura Council: Expats cannot buy property in Mecca, Medina, Riyadh

Solar energy is one form of renewable energy that could bring millions to Egypt's economy. (Shutterstock)
July 25th, 2016 - 04:00 GMT

Tensions increase between Egypt, Italy over renewable energy projects

Fethullah Gulen, currently in the US. (AFP/File)
July 24th, 2016 - 01:00 GMT

In wake of failed coup, Turkey shuts down all Gulen-linked businesses

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