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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 15th, 2015 - 09:35 GMT

Qatar defies oil price slump with salary increases: Hay

Egyptian Financial Minister Hany Kadry Dimian (Al Bawaba/File)
October 14th, 2015 - 07:25 GMT

World Bank to loan Egypt $3B

Al Bawaba
October 14th, 2015 - 07:02 GMT

Yemen's Marib Governate to withhold oil revenues from Houthis

Dr. Siddiqi suggested a ban on smoking shisha in public sector buildings. (Al Bawaba/File)
October 14th, 2015 - 06:24 GMT

Experts call for a 'bad choices' tax on tobacco to improve MENA health

Kuwait plans to build a new refinery near the Saudi border. (Shutterstock)
October 14th, 2015 - 05:56 GMT

Kuwait signs $13.2B contracts for new oil refinery

Al Bawaba
October 14th, 2015 - 05:30 GMT

More workers than jobs in Egyptian agriculture

Al Bawaba
October 14th, 2015 - 02:00 GMT

Favorable outlook for GCC insurance industry with growth forecast at $62.1B by 2020

Al Bawaba
October 14th, 2015 - 01:00 GMT

Iraq: Petrofac lands multi-million dollar training contract with Shell

French Prime Minister Manuel Valls (L) and Saudi Defence Minister Mohammed bin Salman (R) arrive for a meeting in Riyadh on October 13, 2015. (AFP/ Kenzo Tribouillard)
October 14th, 2015 - 12:05 GMT

Saudi Arabia signs $11.4B in deals with France

Al Bawaba
October 14th, 2015 - 11:24 GMT

US chain 7-Eleven opens first store in Dubai, expansion planned

Al Bawaba
October 14th, 2015 - 08:41 GMT

GCC banks under pressure to improve digital services: report

Al Bawaba
October 13th, 2015 - 07:33 GMT

New Iraqi airline FlyBaghdad wants to land in Dubai, Europe

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