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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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Lockheed Martin is one of the top arms manufacturers. (Al Bawaba/File)
December 7th, 2015 - 10:31 GMT

As MENA conflicts drive weapons demand, US manufacturers expand operations to keep up

Al Bawaba
December 7th, 2015 - 07:47 GMT

GCC meeting leads to progress toward VAT agreement

Al Bawaba
December 7th, 2015 - 02:12 GMT

Egypt to sign $1.5B in loans from World Bank, African Development Bank

Al Bawaba
December 7th, 2015 - 11:49 GMT

Etihad-Virgin Australia alliance extended another five years

Al Bawaba
December 7th, 2015 - 11:31 GMT

Saudi families protest migrant workers' housing in residential neighborhoods

Oil, gas, banking and financial sectors havewitness a steady decline in hiring activity due to falling oil prices. (File photo)
December 7th, 2015 - 11:17 GMT

Caution is the name of the hiring game in the UAE

Al Bawaba
December 7th, 2015 - 11:04 GMT

Lebanon's annual waste management costs expected to rise to $1.5B by 2030: UN

Al Bawaba
December 7th, 2015 - 08:15 GMT

Egypt Gas to appeal against $1.7B compensation to Israel Electric over halted supplies

Al Bawaba
December 7th, 2015 - 07:00 GMT

Egypt's tobacco industry is smokin', despite tax hike

Al Bawaba
December 7th, 2015 - 06:30 GMT

Iran expects more output from Salman oil field, shared with UAE

Al Bawaba
December 7th, 2015 - 05:23 GMT

Qatar signs key contracts for migrant worker city

Al Bawaba
December 6th, 2015 - 06:22 GMT

Sukuk market forecasted to grow by 15 percent in 2016

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