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Venezuela banks $300M from first U.S. brokered oil sale
January 21st, 2026 - 10:03 GMT
Dr. Mansour Al-Maswari

Mansour Al-Maswari

Venezuela banks $300M from first U.S. brokered oil sale

ALBAWABA- Venezuela has received $300 million in oil revenue from a U.S. facilitated crude sale, interim president Delcy Rodríguez announced on Tuesday, marking the first funds to flow under an oil agreement arranged after the kidnapping of President Nicolás Maduro earlier this month. Rodríguez said the funds, part of an expected $500 million in proceeds from U.S. sales of Venezuelan crude, will be channeled into the foreign exchange market through national ...
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it was a tech-dominated list, with Apple (third), Facebook (fourth), Samsung (sixth), Samsung Galaxy (seventh) and WhatsApp (10th) making the list.
October 14th, 2019 - 08:30 GMT

Apple’s iPhone Ranks First in a New Brand-Ranking Study in UAE

There appears to be no light at the end of the tunnel to the unprecedented political chaos in Britain
October 14th, 2019 - 08:00 GMT

No-Deal Brexit Consequences to Impact the Globe

If the fiscal deficit numbers surpass the estimate of 3.3 per cent, then the rupee will depreciate faster next year.
October 14th, 2019 - 07:30 GMT

Will the Indian Rupee Value Shed Again?

The appetite for gold as seen through demand for bullion backed exchange-traded funds remains strong.
October 14th, 2019 - 07:00 GMT

Optimism in Trade Raises Oil, Copper While Gold Suffered a Setback

The grant will also cover a second 3.5 million-euro-supported project
October 14th, 2019 - 06:30 GMT

Germany Supports Jordan’s Water Sector With Additional €1 Million

Trading and clearing platform would act like a bourse
October 14th, 2019 - 06:00 GMT

New Uniform Platform for Gold Trading and Tracking to Launch in UAE

Saudi Arabia built a strategic partnership with the private sector in different fields supporting the labor market.
October 13th, 2019 - 01:00 GMT

Report: Saudi Arabia up 13 Points in Global Labor Market Efficiency

In the sales market, apartment prices remained resilient in the capital with a 1% softening from the previous quarter
October 13th, 2019 - 12:30 GMT

Abu Dhabi Real Estate Industry Close to Bottoming Out

India's economic growth decelerated for the second consecutive year.
October 13th, 2019 - 12:00 GMT

World Bank: India’s Growth Rate to Fall to 6 Percent

The share of completed M&A advisory fees up from 12 per cent to 32 per cent
October 13th, 2019 - 11:30 GMT

MENA M&A Deals Reach $120.6 Billion, up 160 Percent in 9 Months

The minister said that arguments regarding the dollar exchange rate were invalid.
October 13th, 2019 - 11:00 GMT

Lebanon to Witness Another Strike, This Time It Comes Fresh From Bakeries

Kingdom’s support to the telecommunications sector has contributed to the development and growth of this sector
October 13th, 2019 - 10:00 GMT

Saudi Arabia to Launch 5G Corporate Services in Early 2020

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