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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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Al Bawaba
January 10th, 2017 - 08:30 GMT

Thailand's Centara partners with Nakheel for $136M Deira Island waterpark resort

Dow's joint project with Aramco, the Sadara Chemical Company, is considered Dow’s biggest foreign investment in the Saudi chemical sector. (PoandPo.com)
January 10th, 2017 - 07:30 GMT

Dow Chemical to increase investment in Saudi Arabia

Lebanon’s economy and infrastructure have been heavily impacted by the Syrian conflict and the resulting surge of refugees. (AFP/Joseph Eid)
January 10th, 2017 - 06:47 GMT

Lebanon launches crackdown on foreign labor

Qatar's tourism plan is supported by $40-45 billion worth of sector investment.  (Shutterstock)
January 10th, 2017 - 05:52 GMT

Qatar aims to attract nine million visitors annually under 2030 tourism strategy

Lebanon’s Cabinet has finally approved two crucial gas and oil exploration decrees, putting an end to the long-delayed matter in the Cabinet’s first meeting since winning a confidence vote.  (Shutterstock)
January 9th, 2017 - 01:00 GMT

Lebanon: Investment in infrastructure, education needed to develop oil sector

The key drivers to bond issuances in the GCC during 2016, which more than doubled to $66.5 billion, were primarily the sovereign bond issuances by Saudi Arabia, UAE and Qatar. (Shutterstock)
January 9th, 2017 - 12:00 GMT

Diving deeper: Gulf debt issuance to surge in 2017

Al Bawaba
January 9th, 2017 - 11:00 GMT

Jordan: Trade volume under Agadir agreement has decreased since 2011

Iran is now pumping 3.7 million barrels of crude oil per day and seeks to regain its market share of pre-sanctions levels of 4 million barrels per day. (File photo)
January 9th, 2017 - 10:00 GMT

Iran reaps rewards following OPEC production cut

Al Bawaba
January 9th, 2017 - 09:00 GMT

Abu Dhabi to host inaugural Atlantic Council Global Energy Forum

Investments will be made in Agility’s warehousing, freight, transport and specialty logistics solutions in Bahrain. (Pinterest)
January 9th, 2017 - 08:00 GMT

Bahrain: Agility to spend $10M on logistics hub expansion

Estimates suggest expats make up 70 per cent of Kuwait’s 4.4 million population. (Global Construction Review)
January 9th, 2017 - 07:00 GMT

Kuwait lawmakers call for deportation of one million expats over next decade

Saudi Arabia has already started construction for 35,770 rooms in 81 hotels, with 24,133 rooms being constructed in Mecca alone. (Pixabay)
January 9th, 2017 - 06:00 GMT

Saudi aims to boost religious tourism by 30 percent over next three years

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