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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 could take up to five weeks to commit the agreement to paper
October 13th, 2019 - 09:30 GMT

US, China Agree to “Phase One” of Trade Pact

Iran can experience its first positive economic growth in next year
October 13th, 2019 - 09:00 GMT

World Bank: Iran to Move Out of Recession in 2020

There is a new focus on people to people connect between the two countries
October 13th, 2019 - 08:30 GMT

China, India Agree to Set Up New Mechanism for Trade, Investment

The future of Qatari-Malaysian cooperation is promising in light of the economic potential of both countries
October 13th, 2019 - 08:00 GMT

Malaysia Attracts Qatari Investments in Vital Economic Fields

Libra's supporters say it could open online purchasing to millions of people who do not have access to bank accounts
October 13th, 2019 - 07:30 GMT

Mastercard, Visa and eBay Bow Out of Facebook’s Libra Plans

Russia really wants to be a great partner of the UAE
October 13th, 2019 - 07:00 GMT

Russia Eyes UAE Government, Investors for Its $200 Billion Projects

With the central bank’s easing cycle in full throttle, the price letup is ensuring that Egypt’s pound stays a favorite carry tradeWith the central bank’s easing cycle in full throttle, the price letup is ensuring that Egypt’s pound stays a favorite carry trade
October 13th, 2019 - 06:30 GMT

Egypt Interest Rates Among World’s Highest After Inflation Plummets to Lowest in 7 Years

The ship's two main storage tanks are said to be damaged
October 13th, 2019 - 06:00 GMT

Explosion in Iranian Tanker off the Saudi Coast

The results of the survey show that Internet applications represent most internet activities such as social media applications.
October 12th, 2019 - 03:00 GMT

Survey: Around 99 Percent of Bahrain’s Population Is Connected to the Internet

The Ministry of Finance continues to assess its legislative system and is committed to strengthening the nation's tax laws
October 12th, 2019 - 01:00 GMT

UAE to Expand the Scope of Excise Tax Starting December 1, 2019

The UAE was removed because it rushed through reforms, the EU said, giving it a clean-sheet on its tax practices.
October 12th, 2019 - 11:00 GMT

EU Announce the Removal of UAE From TAX-Haven List

A deeper cut in oil supplies is among options for OPEC
October 12th, 2019 - 09:00 GMT

IEA: Global Oil Markets Recover Quickly From Attacks on Saudi Oil Facilities

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