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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 annual report by Dubai's Land Department revealed that the sum of real estate investment transactions for the year exceeded $24.7B from 55,928 investors.  (Shutterstock)
January 16th, 2017 - 09:00 GMT

Egyptians, Jordanians rank as highest Dubai real estate investors outside GCC

The facilities sector is key to having three Saudi cities among the top 100 in the world, which is one of the aims of Vision 2030. (Shutterstock/Fedor Selivanov)
January 16th, 2017 - 08:02 GMT

Saudi's facilities management market is the largest in the Gulf

El-Garhy confirmed that the programme also includes lifting fuel subsidies entirely in a period of 3-5 years. (AFP/File)
January 16th, 2017 - 07:00 GMT

Egypt's IMF loan details revealed: Finance Minister

The resignations coincided with the introduction of new reforms by the ministry last year that tie public sector worker bonuses to a mandatory assessment and allow them to be fired.  (Twitter)
January 16th, 2017 - 06:18 GMT

Nearly 1500 Saudi government workers resigned in wake of labor reforms

On individual criteria, Jordan stayed in 3rd place for size of government, rising from 8th to 7th for legal structure and property rights, and ranking 2nd in terms of access to sound money.  (Shutterstock)
January 16th, 2017 - 05:51 GMT

UAE, Jordan top of list for economic freedom in Arab world

The ministry invited the private sector to announce their willingness to invest in solar power plants for every municipality. (Shutterstock)
January 15th, 2017 - 12:00 GMT

Lebanon aims for 12 percent renewable energy by 2020

Abu Dhabi's Reem Mall will cost one billion dollars, making it the most expensive mall in Abu Dhabi’s history.   (Readme.ae)
January 15th, 2017 - 11:00 GMT

More malls: Over $4B in UAE retail projects will be awarded in 2017

The deal brings well-known titles such as the series How I Met Your Mother, American Horror Story, The Americans, The Strain, Sons of Anarchy, 24 and Homeland to Starz viewers.  (Starz)
January 15th, 2017 - 10:00 GMT

Starz Play inks deal with 20th Century Fox Television

Parental neglect and not taking enough precautions to safeguard their children are among the main reasons for children falling from high-rises, according to a recent study by Dubai Police. (Shutterstock)
January 15th, 2017 - 09:00 GMT

UAE: Rise of child deaths from balcony falls highlights building safety, parental neglect laws

Tourist visits for the purpose of attending exhibitions and conferences represents more than 15% of total tourism in the kingdom. (TheBestHotels.org)
January 15th, 2017 - 08:00 GMT

Saudi Arabia's MICE sector up 12 percent since 2015

A technical delegation from the IMF will be visiting Cairo this week in order to keep an eye on the implementation of the economic reform programme. (AFP/Saul Loeb)
January 15th, 2017 - 07:00 GMT

Details of $12B IMF loan to Egypt to be published this week

Minister of Tourism and Antiquities Lina Annab said the ministry will install security cameras, lights and guiding signs at various tourist attractions to serve visitors. (Shutterstock)
January 15th, 2017 - 06:13 GMT

Jordan's Karak defies terror with plans for tourism projects

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