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May 14th, 2026 - 11:29 GMT

Sally Shakkour

Cuba has 'ZERO' diesel and fuel oil over Strait of Hormuz blockade

ALBAWABA - Cuba has run out of diesel and fuel oil as gas stations are totally empty due to the blockade imposed by the United States of the Strait of Hormuz amid tension with Iran, Reuters reported Thursday. U.S. President Donald Trump imposed a blockade on Iranian ports in response to the Iranian Navy's closure of the Strait of Hormuz following the military attacks on Tehran by Washington and Tel ...

Tunisian PM Hamadi Jebali has urged Arab leaders to support Palestine financially during its "difficult financial stage"

January 15th, 2013 - 11:05 GMT

Tunisia presses other Arab leaders to support Palestine financially

Saudi Arabia is to build almost 13000 homes across the Kingdom, funded by loans worth SR5 billion ($1.333 billion)

January 15th, 2013 - 10:39 GMT

Saudi Arabi to build almost 13000 new homes

Al Bawaba

January 15th, 2013 - 10:01 GMT

UAE warning over visa amnesty

The Islamic Development Bank has signed agreements topping $388 million with Egypt

January 15th, 2013 - 09:29 GMT

Loans from Islamic Development Bank to boost Egyptian economy

Jordan's PM Ensour has ordered a review of all privatisation deals in the Kingdom since 1989, under the King's directive

January 15th, 2013 - 08:47 GMT

Jordan to review all privatisation deals since 1989

Egyptian stocks responded well to the possibility of reconciliation of Mubarak-era financial corruption

January 15th, 2013 - 04:00 GMT

Egyptian stocks respond well to talk of possible "reconciliation"

Former deputy governor of Egypt's Central Bank has resigned as head of the NAtional Bank of Egypt for undisclosed reasons

January 14th, 2013 - 01:03 GMT

Head of Egypt's largest bank resigns

Kuwait has revealed a budget surplus of $52 billion, in the first eight months of the fiscal year, buoyed by oil revenues

January 14th, 2013 - 12:14 GMT

Kuwait’s reveals budget surplus of $52 billion

Oil tankers are stuck at the Iraqi-Jordan border, which has recently seen protest against Iraq's Prime Minister

January 14th, 2013 - 12:00 GMT

Oil tankers stuck at Iraqi-Jordanian border

An investment bank for the Arab Maghreb has been created with $100m and support from the IMF

January 14th, 2013 - 11:13 GMT

Arab Maghreb Union investment bank gets the go ahead

The Egyptian pound has hit a record low against the dollar as the currency continues to struggle

January 14th, 2013 - 10:22 GMT

Egyptian pound hits record low against dollar

Intraregional trade needs to be improve, Adnan Kassar from Lebanon's Economic Committee has said

January 14th, 2013 - 07:56 GMT

Arab economies should boost intraregional trade, Lebanese minister states