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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
October 20th, 2015 - 10:14 GMT

Oman exports plunge by 32.6 percent

Kuwait is the only Gulf country predicted to add more than one percentage point in 2015 and 2016. (Al Bawaba/File)
October 20th, 2015 - 06:42 GMT

IMF: Gulf growth will decelerate to less than three percent in 2016

The ships will replace older US-built combat ships. Image used for illustrative purposes. (Al Bawaba/File)
October 20th, 2015 - 05:31 GMT

US State approves $11.25B sale to Saudi navy

Al Bawaba
October 20th, 2015 - 05:14 GMT

Mazda, Galadari Automobiles find success in UAE auto market

Al Bawaba
October 20th, 2015 - 12:35 GMT

Tax reform or burning buffers? GCC approaches to the oil price slump

The $400M (LNG) project is expected to be operational by the first quarter of 2018. (Shutterstock)
October 20th, 2015 - 12:28 GMT

Bahrain plans $400M floating gas terminal

Al Bawaba
October 20th, 2015 - 10:36 GMT

Double devaluation for the Egyptian pound

Al Bawaba
October 20th, 2015 - 10:18 GMT

MENA board-rooms must go digital to compete: GITEX

Al Bawaba
October 20th, 2015 - 09:56 GMT

Abu Dhabi hosts World Halal Travel Summit

Al Bawaba
October 20th, 2015 - 07:55 GMT

Arab publishing industry lags behind: Shaikha Bodour

“Businessmen associations, such as the Chamber of Commerce, Association of Lebanese Industrialists and the Association of Lebanese banks, must be active in promoting sustainability,” said CSR Lebanon founder Khaled Kassar. (Al Bawaba/File)
October 19th, 2015 - 09:32 GMT

CSR Lebanon founder urges private sector to take on social responsibility initiatives

Al Bawaba
October 19th, 2015 - 08:37 GMT

Halalbooking plans $1B IPO in three years

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