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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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The ministry stated that it is concerned with saving energy used by the industrial sector and making it more environmentally friendly to reduce CO2 emissions, adding that Egypt is ranked 11th worldwide in terms of rapidly increasing emission rates. (File photo)
February 5th, 2017 - 12:00 GMT

Egypt to invest $6.5 million to solar energy projects

Velodyne self driving car sensor at the North American International Auto Show media preview January 9, 2017 in Detroit, Michigan. (Shutterstock)
February 5th, 2017 - 11:00 GMT

Israel looking to break into auto industry with intelligent cars

Saudi Arabia plans to award contracts for two new solar and wind power plants. (File photo)
February 5th, 2017 - 09:33 GMT

Saudi to invite bids for renewable energy projects in April

The report showed that the gender gap in engagement emerges as employees become more senior. (File photo)
February 5th, 2017 - 09:00 GMT

GCC companies recognize need for more women in leadership roles

An Egyptian man walks down the street at the Khan al-Khalili market in Cairo on May 20, 2016. (AFP/File)
February 5th, 2017 - 07:32 GMT

Middle East economy grows and shows surprising resilience despite political turmoil

European Commission Vice-President Jyrki Katainen, seen January 31, 2017, is in charge of jobs, growth, investment and competitiveness for the EU's executive arm.  (AFP/File)
February 2nd, 2017 - 02:00 GMT

Europe hoping to restart Gulf Free Trade talks

Saudi Oil Minister Khaled al-Falih. (AFP/File)
February 2nd, 2017 - 01:00 GMT

Saudi, Kuwait look to new oil investments in US under Trump

 Development Minister, Lutfi Elvan. (File photo)
February 2nd, 2017 - 12:00 GMT

Turkey’s an attractive country for foreign investments, says Development Minister

The UAE is looking to diversify its market beyond oil exports. (Shutterstock)
February 2nd, 2017 - 11:00 GMT

UAE’s non-oil trade in 2016 shows almost flat growth compared to 2015

The US previously implemented wheat grants in Jordan worth a total of $36 million.
February 2nd, 2017 - 10:04 GMT

Jordan signs deal to receive 100,000 tons of wheat from US in food aid

Tarek Amer, governor of the Central Bank of Egypt, speaks during a recent press conference in Cairo. (AFP/File)
February 2nd, 2017 - 09:48 GMT

Egypt’s Central Bank receives $4 billion from Eurobonds issuance

Last year, Etihad and Lufthansa started working together, and have since announced a code-share agreement that covers four routes. (Wikimedia)
February 2nd, 2017 - 07:00 GMT

Etihad and Lufthansa Airlines sign partnership including $100 million catering agreement

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