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Hormuz Strait
August 15th, 2026 - 12:17 GMT
Osama Ali

Osama Ali

Washington is coming for Iran's wallet

ALBAWABA - The United States is developing a new, wide package of economic measures aimed at increasing pressure on Iran, with senior officials describing the planned penalties as among the harshest ever imposed on a single country. The approach will blend financial sanctions, stepped-up maritime enforcement and calibrated military deterrence, but it will also leave diplomatic doors open to allow for the potential of future negotiations, a source familiar with ...
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Al Bawaba
December 13th, 2015 - 10:50 GMT

Dubai Festival City Mall to wow customers with 'mega media' lights and water show

Al Bawaba
December 13th, 2015 - 09:58 GMT

ITIDA to support Egyptian startups with innovation centers, $20M fund

As many UAE residents shop for Chistmas, they realize just how expensive toys can be. (Shutterstock)
December 13th, 2015 - 09:28 GMT

Kids play and and parents pay as UAE toys and games market reaches $1B

Al Bawaba
December 13th, 2015 - 08:43 GMT

Experts: MENA schools should foster entrepreneurs

Al Bawaba
December 13th, 2015 - 02:00 GMT

Egypt denies claims that Renaissance Dam talks have failed

The centre will also help in facilitation of trade exchanges and strengthening the role of the state and the emirate in industry and trade areas. (File photo)
December 13th, 2015 - 01:37 GMT

Islamic economy takes center stage with new Emirates Global Centre for Accreditation

Al Fanar Mall, Kuwait. (Q8 Living)
December 13th, 2015 - 12:00 GMT

GCC firms fear higher operating costs with new VAT: survey

Al Bawaba
December 13th, 2015 - 11:00 GMT

Jordan eyes African markets in bid to boost exports

The latest impetus has risen on the agenda following Israel's announcement of plans to exploit gas reserves off the southern coast. (File photo)
December 13th, 2015 - 10:00 GMT

Will Lebanon finally pave the way for approval of gas exploration tender?

While GCC banks have adequate liquidity, Fitch says that banking performance indicators will be affected by lower credit demand and rising funding costs. (Shutterstock)
December 13th, 2015 - 09:14 GMT

Cheap oil hits GCC banks’ ratings: Fitch

Al Bawaba
December 13th, 2015 - 07:30 GMT

A yen for something different: UAE seeks more trading partners in wake of Sino-slump

Al Bawaba
December 13th, 2015 - 05:11 GMT

COP21: 'Historic' climate change deal reached in Paris, but is it enough?

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