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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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Schemes supported by the fund in Jordan are in the areas of energy, education, agriculture, water, roads and sewage networks. (Shutterstock)
January 30th, 2017 - 07:00 GMT

Jordan receives $14.1M from Kuwaiti Fund for Arab Economic Development

Saudi Arabia’s four major cities: Riyadh, Jeddah, Makkah and Medina produce about five million tons of waste products. (Shutterstock)
January 30th, 2017 - 06:01 GMT

Saudi Arabia decides some plastic is not so fantastic

The classic flap bag from Chanel is timeless and therefore it is always in demand and considered the hottest bag to buy.  (Shutterstock/DKSStyle)
January 29th, 2017 - 12:00 GMT

Discounted designer duds: E-commerce drives secondhand luxury items market in MENA

Moody's expects only a moderate uptick in real GDP growth in Jordan to 3.2 per cent for 2017, still below potential. (File photo)
January 29th, 2017 - 11:00 GMT

Jordan's banks to remain resilient despite challenging conditions: Moody's

The country’s high expat population has dominated politics in recent weeks, with MPs calling for a special debate on the subject next month.  (Shutterstock/Nathan Bai)
January 29th, 2017 - 10:16 GMT

Kuwait prepares to debate proposal for tax on expat remittances

Centamin's Sukhari gold mine in Egypt. (Centamin)
January 29th, 2017 - 09:18 GMT

'Unattractive' investment terms take the shine off Egypt's gold mining tenders

GE has over 40 years of presence in Iraq. (Shutterstock)
January 29th, 2017 - 08:30 GMT

GE signs deals to power up Iraq's national grid

Employers will have one month to rectify the violation or face a double fine. (Shutterstock)
January 29th, 2017 - 07:30 GMT

Saudi Arabia introduces penalties on employers who withhold employees passports

A protestor demonstrates against the new ban on immigration issued by President Donald Trump at Logan International Airport, Boston on January 28, 2017. (AFP/Scott Eisen)
January 29th, 2017 - 06:00 GMT

Trump's 'Muslim' visa ban causes airport chaos, sparks anger worldwide

Some of the grant will be allocated to support Jordanian factories and companies that are keen on exporting to EU countries.  (Shutterstock)
January 29th, 2017 - 05:45 GMT

Jordan signs $77.6M grant agreement with EU

OPEC’s 13 members and 11 other producers have trimmed output by more than 1.5 million barrels a day since the deal started this year, out of a pledged 1.8 million (Shutterstock)
January 26th, 2017 - 12:00 GMT

Kuwait to spend $115B in energy over five years, sees oil market balance this year

The Crown Prince of Abu Dhabi General Sheikh Mohammed Bin Zayed Al Nahyan (C) is met by Indian Prime Minister Narendra Modi (R) and Indian President Pranab Mukherjee (L) in New Delhi January 25, 2017. (AFP/Money Sharma)
January 26th, 2017 - 11:00 GMT

UAE-India form Comprehensive Strategic Partnership, ink ADNOC oil storage deal

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