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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 unique floating architectural structure is set to become a major future landmark in Dubai's cityscape. (Marasi)
January 25th, 2017 - 07:00 GMT

Dubai: Finland's Admares awarded contract for Marasi Business Bay's floating homes

The bonds will be listed on the Luxembourg Stock Exchange. (AFP/File)
January 25th, 2017 - 06:25 GMT

Egypt gears up for triple-tranche Eurobond issue

Real Madrid products will be sold in Paris 68, Marka's new retail-concept store that will start operating this year. (YouTube)
January 25th, 2017 - 05:23 GMT

Dubai's Marka inks exclusive licensing deal for Real Madrid merchandise in GCC

The lobbyists have accused Emirates of "flagrantly violating" the air services agreement that allows it to fly to the United States. (Wikipedia)
January 24th, 2017 - 01:00 GMT

Emirates' Dubai-Athens-Newark flight reignites subsidy row with US

Egypt's tourism industry has been hard hit by the crash of the Russian jetliner as well as international flight suspensions by to Sharm al-Sheikh. (AFP/Mohamed el-Shahed)
January 24th, 2017 - 12:00 GMT

Germany lifts remaining restrictions on flights to Sharm El Sheikh

The meeting was reportedly postponed on news that participation of the EU companies was weak. (File photo)
January 24th, 2017 - 11:05 GMT

Jordan-EU meeting on 'EU rules of origin' trade deal postponed indefinitely

Tourism development as part of an economic diversification strategy has helped drive demand for the food-service sector.  (AFP/Patrick Baz)
January 24th, 2017 - 10:00 GMT

Growing market, growing waistlines? GCC fast food segment worth $20B last year

Since being founded in 2012, the END Fund has raised more than $70m and supported the treatment of 100 million people at risk of neglected tropical diseases. (Shutterstock)
January 24th, 2017 - 09:00 GMT

Alwaleed Philanthropies donates $3M to END Fund to fight tropical diseases

The Australian CEO oversaw rapid growth of Etihad Airways, including the development of seven airline equity partnerships. (File photo)
January 24th, 2017 - 08:00 GMT

Etihad Aviation Group CEO James Hogan to step down after ten-year tenure

The aircraft are currently based in Abu Dhabi’s Al Bateen Airport, and only fly to destinations in the GCC region as they cannot fly longer than around three hours. (GI Aviation)
January 24th, 2017 - 07:00 GMT

Luxury for less: GI Aviation debuts cut-price private jets

Nazaha said it found irregularities in eight contracts worth more than SR80 million, which were intended to purchase licenses to implement an electronic program to unify the company’s systems. (Shutterstock)
January 24th, 2017 - 06:00 GMT

Saudi Electricity Company employees embroiled in $21M corruption case

Sheikh Adel Aujan (right), chairman, Aujan Group Holding, and Muhtar Kent, chairman and CEO, The Coca-Cola Company, celebrate the billionth can of Rani produced under their partnership. (Coca-Cola)
January 24th, 2017 - 05:32 GMT

'King of Vimto and Rani', Saudi businessman Sheikh Adel Aujan dies

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