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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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The percentage of expats in Oman has decreased from 45.8 per cent in 2016 to 45.5 in 2017
October 3rd, 2019 - 09:30 GMT

Expats Number in Oman Crossed 2 Million in September 2019

GDP growth could reach 3.4%, driven by higher gas output and growth in agricultural production.
October 3rd, 2019 - 09:00 GMT

Tunisia Plans to Issue $874.24 Million Bonds of Debt

The National Plan of Criptoactives of Venezuela will last 10 years
October 3rd, 2019 - 08:00 GMT

Venezuela's Petro Enters Global Cryptocurrency Markets

The UAE last year jumped 10 places to 11th in the ranking.
October 3rd, 2019 - 07:30 GMT

GCC Countries Among World Bank's Top 20 in Ease of Doing Business

The circular will certainly reduce the pressure on dollar demand at currency exchange shops
October 3rd, 2019 - 07:10 GMT

Lebanon’s Central Bank Secures Dollars to Cover Imports of Fuel, Wheat and Medicine

Last August, the government imposed a new increase in natural gas prices for the fourth time in less than one year
October 3rd, 2019 - 07:00 GMT

Turkey Increases Electricity Prices for 2nd Time in 3 Months

Qatar's economy declined in the second quarter of this year to $55.1 billion
October 3rd, 2019 - 06:30 GMT

Qatar’s Economy Contracts by 1.4 Percent in Q2 2019

The share of the IMF and commercial banks reached 23.9 percent.
October 3rd, 2019 - 06:15 GMT

Morocco's External Debt Exceeds $35 Billion

Two countries' bilateral trade was nearly $960 million, with Turkey's exports to Jordan totaled $860.9 million in 2018.
October 2nd, 2019 - 01:00 GMT

Turkey, Jordan Sign Agreement for Joint Economic Committee to Boost Bilateral Trade

A more detailed view by asset type reveals that not all asset types enjoyed inflows in H1 2019.
October 2nd, 2019 - 12:30 GMT

GCC Funds Witness Net Inflows of $2.5 Billion in H1 2019

Moody’s said significant tightening in external financing conditions
October 2nd, 2019 - 12:00 GMT

Moody’s Keeps Lebanon’s Rating but Warns of Downgrade

After the attack on the Saudi oil facilities, the Russian oil production was relatively high.
October 2nd, 2019 - 11:30 GMT

Oil Price to Remain Steady on Middle East Tension, Global Downturn

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