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Hormuz ships
March 21st, 2026 - 04:31 GMT
Osama Ali

Osama Ali

"Hormuz Open for Japan": Iran allows Japanese ships to pass

ALBAWABA - As tensions continue to impact international energy channels, Iran has indicated that it is prepared to help Japanese ships, particularly oil tankers, pass through the Strait of Hormuz safely. In an interview with Kyodo News, Iranian Foreign Minister Abbas Araghchi denied reports that Tehran has closed the vital canal, stating that it is still accessible. He clarified that while other countries are still free to cross the strait ...
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Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Sheikh Mohammed bin Rashid Al Maktoum, Christine Lagarde, Emirati and regional leaders at the World Government Summit in Dubai. (Twitter/Dubai Media Office)
February 13th, 2017 - 08:00 GMT

World Government Summit 2017: Governments must tap the talents of Generation Z

Arabtec did not provide any details on where the losses in 2016 came from, but the company had attributed earlier losses challenges in the economic environment. (File photo)
February 13th, 2017 - 07:00 GMT

Beleaguered Arabtec mulls capital reduction plan amid $926M reported loss

The telecom sector in Jordan is subject to different taxes that are considered the highest in the region. (Shutterstock)
February 13th, 2017 - 06:00 GMT

Jordan's higher telecom taxes impede plans to become regional ICT hub: Telcos

Once shunned in favour of prestigious foreign brands perceived to offer higher quality, Egyptian-made products are much more affordable for customers who are increasingly price-conscious. (Wikimedia Commons)
February 13th, 2017 - 05:16 GMT

Egyptians buy local as currency devaluation bites

When it comes to the question of cyber-security, organisations in the region have shown a rather cavalier attitude, dominated by a ‘why me?’ mind-set. (Shutterstock)
February 12th, 2017 - 12:32 GMT

MENA M&As are prime targets for cyberattacks: FireEye

The number of the Danish tourists that visited Egypt reached 100,000 in 2009, according to the latest statistics by Egypt's State Information Service. (AFP/File)
February 12th, 2017 - 11:00 GMT

Denmark and Norway remove travel restrictions to Egypt's South Sinai cities

Companies in Oman have been facing problems when it comes to employing Omanis due to their salary expectations. (Shutterstock/Aisyaqilumaranas)
February 12th, 2017 - 10:00 GMT

Invest in training to achieve target Omanization ratios: Industry experts

Dana Gas reported a full year revenue of $392 million as compared to $417 million in 2015. (Shutterstock)
February 12th, 2017 - 09:00 GMT

Unpaid dues from Egypt, Kurdistan hit UAE's Dana Gas profits, investment plans

The gathering will allow leaders to discuss the current challenges the world face today, including economic, political and environmental, as well as the rapid innovations in science and technology.
February 12th, 2017 - 08:00 GMT

World Government Summit 2017 kicks off in Dubai

The Euro Disney share swap transaction was valued at $151M.  (AFP/Mehdi Fedouach)
February 12th, 2017 - 07:00 GMT

Al Waleed's Kingdom Holding Company pockets $61M in Euro Disney share swap

Tourism to Aqaba, Jordan is benefiting from the strong demand of local and Scandinavian countries. (File photo)
February 12th, 2017 - 06:00 GMT

Colliers names Aqaba, Palm Jumeirah as 2017 tourism hotspots

Shaikh Ahmad Bin Saeed Al Maktoum, President of Dubai Civil Aviation and Chairman and Chief Executive of Emirates airline and Group at the 2010 Berlin Air Show. (AFP/Sean Gallup)
February 12th, 2017 - 05:16 GMT

Gulf airlines subsidy row: Emirates has invested $140B in the US

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