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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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During the current session, the ministers will honor outstanding companies and institutions in the field of localizing and nationalizing jobs in GCC and the leading projects in fields of social work. (Shutterstock)
November 8th, 2016 - 09:00 GMT

GCC ministers mull establishment of regional body for charitable works

OPEC’s secretary general Mohammad Barkindo speaking at the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) on Sunday. (AFP/Nezar Balout)
November 8th, 2016 - 08:00 GMT

OPEC remains 'committed' to output deal: Barkindo

The comprehensive development plan of Hatta area involves three main areas: economic and service sectors, tourism and sports, and culture and education. (Twitter/Dubai Media Office)
November 8th, 2016 - 07:00 GMT

Dubai launches ten-year tourism development plan for Hatta

King Abdullah's talks with Bezos also addressed the future plans of Amazon.com, as well as the ability of Jordan, as a regional ICT hub, to attract investments in this sector. (Twiiter/Royal Hashemite Court of Jordan)
November 8th, 2016 - 06:03 GMT

Amazon.com founder Jeff Bezos praises Jordan's investment climate on visit to Amman

According to Globaleye VP Stefan Terry, this US election is really affecting investments, probably more than any other election. (AFP/Molly Riley)
November 7th, 2016 - 01:00 GMT

What would a Trump presidency mean for the UAE dirham?

Last month, Egypt had not received October allocations of petroleum aid from Saudi Arabia, forcing its state oil buyer to rapidly increase tenders. (Shutterstock)
November 7th, 2016 - 12:00 GMT

Saudi Aramco halts oil shipments to Egypt indefinitely

The duration of protection endures for the period of the author’s lifetime and fifty years following the author’s death. (Khaleejesque)
November 7th, 2016 - 11:00 GMT

Kuwait's new copyright law protects artists', authors' intellectual property

The hike in fuel prices is already causing problems between taxi drivers and passengers over fares, since they are yet to be officially amended by the government. (Egyptianmotors.com)
November 7th, 2016 - 10:00 GMT

Egypt's cabbies urge fare increase to account for hiked fuel prices


Currently in the GCC, SMEs employ approximately 17 million people and forecasts note that this number is expected to reach 20 million by 2020 at an annual growth rate of almost 2.5 percent. (BestDesignGuides.com)
November 7th, 2016 - 09:00 GMT

SMEs in MENA make up 90 percent of registered companies

Shares of Zain Saudi, a unit of Kuwait’s Zain, have risen 8 per cent since the order was announced, compared to a 6.4 per cent gain by the Tadawul All Share Telecommunications Index. (Gulf Business)
November 7th, 2016 - 08:00 GMT

DEWA to move headquarters to 'world's largest net zero-energy building' in 2019

Once Saudi Arabia sorts its visa issues it is more than ready to accommodate international patients. (Shutterstock)
November 7th, 2016 - 07:00 GMT

Saudi Arabia seeks public-private partnerships for medical tourism proposal

The UAE's confectionary sector is also anticipated to grow with total chocolate and sweets sales growing by 6.2 percent CAGR by 2020. (Sweets.news)
November 7th, 2016 - 06:06 GMT

UAE's food sales market expected to hit $16.7B by 2020

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