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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 27th, 2015 - 10:30 GMT

Qatar Airways backs down over controversial labor practices

Al Bawaba
August 27th, 2015 - 10:00 GMT

Tightening the purse strings: Saudi Arabia mulls 10 percent budget cuts

Al Bawaba
August 27th, 2015 - 09:43 GMT

Jordan: SME forum highlights vulnerability and resilience of MENA micro-businesses

Al Bawaba
August 27th, 2015 - 07:18 GMT

In Lebanon's 'ecological capital,' residents aren't so hard hit by the trash crisis

Al Bawaba
August 27th, 2015 - 01:49 GMT

A silver lining: Import prices fall for Lebanon as euro, yuan decline

Al Bawaba
August 27th, 2015 - 01:37 GMT

Lebanese tobacco farmers urge government to increase prices for export losses

Al Bawaba
August 27th, 2015 - 01:29 GMT

Palestinian businessman detained at northern Gaza crossing

One out of five people planning to stay at Le Grey Hotel in Beirut canceled reservations due to street riots and security concerns. (AFP/File)
August 27th, 2015 - 01:02 GMT

Tourists in Lebanon run for the hills as trash crisis, protests continue

Al Bawaba
August 27th, 2015 - 12:51 GMT

Egypt to lose $320 million as higher incomes will qualify for tax exemptions

Al Bawaba
August 27th, 2015 - 12:39 GMT

UAE pushes new app for passport renewals

The Iranian government said the removal of sanctions will offset the budget deficit and help improve the country's foreign reserves. (AFP/File)
August 27th, 2015 - 12:22 GMT

Iran expects 5 percent economic growth in 2016

Al Bawaba
August 26th, 2015 - 11:55 GMT

Saudi stocks rebound after China’s ‘Black Monday’

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