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Iran calls Hormuz attack a "Mistake" as Nuclear talks hang in the balance
July 11th, 2026 - 10:43 GMT
Osama Ali

Osama Ali

Iran calls Hormuz attack a "Mistake" as Nuclear talks hang in the balance

ALBAWABA — Iran has allegedly told the United States that the recent attack on commercial vessels in the Strait of Hormuz was not deliberate, showing its desire to keep diplomatic lines open amid increasing tensions between the two countries. The Wall Street Journal said that Iranian officials recently told Washington the event was a mistake and reiterated their readiness to continue negotiations over Tehran's nuclear program. The message comes as ...
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Jewellery Demand in Middle East Falls 12 Percent Due to Soaring Gold Prices
November 5th, 2019 - 01:30 GMT

Jewellery Demand in Middle East Falls 12 Percent Due to Soaring Gold Prices

The sector will grow from its current value of $1.96 billion over the next five years with the UAE, Turkey and Saudi Arabia being the key drivers for the Middle East region.
October 31st, 2019 - 08:36 GMT

Report: Fire Safety Systems' Market in Middle East to Hit $2.3 Billion by 2025

The IMF had earlier revised down growth forecast for 2019 to 1.6 per cent from its previous forecast of 2.8 per cent.
October 28th, 2019 - 09:45 GMT

IMF: UAE GDP Projected to Grow at 2.5 Percent Due to Non-Oil Sector

The occupancy levels in the Middle East increased 2.4% to 62.2%
October 23rd, 2019 - 12:00 GMT

Middle East Hotels Show Mixed Performance for Q3 2019

The UAE has experienced an economic transformation and aviation has been at the heart of this evolution.
October 9th, 2019 - 08:08 GMT

UAE's Aviation Sector to Contribute $128 Billion to the Economy by 2037

The Middle East and North Africa (Mena) startup ecosystem is growing quickly, with $517 million being invested in 354 deals in 2019 thus far.
October 7th, 2019 - 07:45 GMT

UAE: Home to One Third of FinTech Companies in MENA

Qatar’s tourism sector has proven to be a promising market for investors and businesses.
September 29th, 2019 - 09:30 GMT

Qatar’s Tourism Sector Grows at 11 Percent in August

The solar power market in MENA is estimated to be worth more than $20 billion, according to MESIA
September 29th, 2019 - 08:00 GMT

$15 Billion Solar Projects in the Middle East Expected to Be Operational in 5 Years

Lulwa Salem has also fitted the smart abaya with a fitness tracker to monitor the physical activity of the women wearing the traditional clothing.
September 24th, 2019 - 10:43 GMT

Bahraini Designer Invents Smart Abaya

Thomas Cook's demise could mean 600,000 to 700,000 fewer visitors annually for Turkey.
September 24th, 2019 - 07:11 GMT

Thomas Cook Collapse to Affect Tourism in These Middle Eastern Countries

The Arab Future Cities Summit highlighted the region’s rapid development to become a global leader in smart cities
September 19th, 2019 - 08:00 GMT

MEA Smart Cities Market Poised for Strong Growth by 2022

Upskilling is the process of equipping the existing workforce with new skills.
September 11th, 2019 - 08:12 GMT

The Importance of Upskilling and Reskilling for Your Career

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