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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
August 31st, 2015 - 06:00 GMT

Is Daesh taxing Egyptian exports?

The World Bank said the lifting of sanctions will create a rush of resources for the country. (AFP/File)
August 31st, 2015 - 05:00 GMT

World Bank expects an ‘economic windfall’ for Iran post-sanctions

Al Bawaba
August 30th, 2015 - 02:00 GMT

Qatar issues tender for first stage of GCC rail project development

Public expenditure on the Aqaba development program between is expected to cost $162.6 million. (File photo)
August 30th, 2015 - 01:00 GMT

Jordan expected to spend over $160 million on Aqaba development projects

Credit growth is expected to remain largely unchanged for 2015, according to Standard & Poor's analysts. (File photo)
August 30th, 2015 - 01:00 GMT

Oil price slump hits Islamic financial services

Al Bawaba
August 30th, 2015 - 12:44 GMT

Fire at Saudi Aramco complex claims 11 lives, injures over 200

Al Bawaba
August 30th, 2015 - 12:00 GMT

Partners in crime? Boeing, Saudi companies create joint venture to repair helicopters

Al Bawaba
August 30th, 2015 - 11:31 GMT

Ports firm DP World reports 22 percent jump in profits

Al Bawaba
August 30th, 2015 - 11:00 GMT

Jordan goes green with electric cars expected to hit the streets in two years

A report found EgyptAir had accumulated billions in losses in the past three years. (AFP/File)
August 30th, 2015 - 10:32 GMT

EgyptAir chairman sacked over ‘mismanagement’

Arab unemployment is due to cultural and social factors, as well as economic ones. (File photo)
August 30th, 2015 - 10:23 GMT

Why are 94,340 skilled Arabs unemployed by choice?

Al Bawaba
August 30th, 2015 - 08:30 GMT

US industrial union votes to support BDS

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