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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 emirate’s flagship urban project, Dubai South is conceptualised to manifest the themes of happiness as set out in the Dubai Plan 2021. (Trade Arabia)
July 18th, 2016 - 05:00 GMT

Dubai South dishes out $272M in Residential District contracts

Qatar Airways confirmed that its flights are operating as scheduled to both of Istanbul's airports. (File photo)
July 18th, 2016 - 04:00 GMT

Gulf airlines resume flights to Turkey following failed coup

A spokesman from the Greater Amman Municipality’s (GAM) traffic department claims the Uber app affects the flow of work for other means of transport. (File photo)
July 17th, 2016 - 12:00 GMT

Uber drivers in Jordan risk fines, seized vehicles

The International Finance Corporation sees great opportunities for Jordan to ramp up private sector participation in its economy. (Shutterstock)
July 17th, 2016 - 11:00 GMT

World Bank unveils ambitious five-year support program for Jordan

Despite negative elements, Moody’s noted that the private equity of Lebanese banks will remain stable in general. (File photo)
July 17th, 2016 - 09:18 GMT

Growing public debt in Lebanon major source of credit risk: Moody's

TV.ae, a blend of Netflix and YouTube, will begin searching for Middle East-based content creators to write and produce short shows and films to be hosted on the site. (Akhbarak.net)
July 17th, 2016 - 09:00 GMT

New online streaming service TV.ae courts Arab talent

According to Euromonitor, the biggest challenge facing Egypt is insecurity. (File photo)
July 17th, 2016 - 08:00 GMT

Egypt's proposed pound devaluation unlikely to boost tourism: Analysts

Arabtec reported Dh46.4 million in net losses for the first quarter of 2016, and earlier reported Dh2.3 billion in net loss for the full-year 2015. (File photo)
July 17th, 2016 - 06:00 GMT

Aabar throws Arabtec another lifeline with $109M debt facility

The ministry has also set restrictions on offices recruiting workers from overseas, mandating that they submit a two-year bank guarantee of KD 40,000 ($132,358) (File photo)
July 17th, 2016 - 04:58 GMT

Too little, too late? Kuwait introduces minimum wage for domestic workers

Flight tracking website FlightAware.com so far listed 33 canceled departures for Friday and Saturday. (AFP/File)
July 16th, 2016 - 06:45 GMT

Turkey: Flights cancelled, diverted as nation reels from coup attempt

The first installment will be allocated to the areas of the relief of the displaced, education, health, and social care.  (File photo)
July 14th, 2016 - 01:00 GMT

Iraq receives first tranche of $5.3B IMF loan

The Omagine Project will have seven pearl shaped buildings, each with a different theme.  (Omantourism.gov.com)
July 14th, 2016 - 12:00 GMT

Oman's $2.5B Omagine Project targets 2024 completion

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