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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 number of Saudi tourists visiting the country dropped by more than 28 percent in August
October 2nd, 2019 - 10:30 GMT

Turkey Records Sharp Drop in Tourists From Saudi Arabia

The figures rekindled fears for worldwide growth.
October 2nd, 2019 - 10:00 GMT

Global Stocks Take Steep Downward Turn On US Manufacturing Data

The IMF will spare no efforts in helping members, including the Central Bank of Iran
October 2nd, 2019 - 09:30 GMT

Iran’s Central Bank Calls for Fair Share in IMF Decision-Making Process

The U.S. and China, are currently in a difficult situation as regards to trade
October 2nd, 2019 - 09:00 GMT

Merkel Calls US and China to Make Compromise in Trade Talks

Labour productivity must be increased.
October 2nd, 2019 - 08:30 GMT

Jordan’s Public Sector Employees Enjoy Higher Wage Increases

Private health spending in the GCC will pick up the pace to meet rising demand over this period
October 2nd, 2019 - 08:00 GMT

GCC Spending on Healthcare Will Rise to $30.5 Billion by 2021

Imports accounted for Dh14.87 billion of Dubai-US trade in Q1 2019.
October 2nd, 2019 - 07:30 GMT

US Ranks Third Biggest Trading Partner for Dubai

Total number of residential mortgage loans provided to individuals by the end of 2018 amounted to about 50.4 thousand contracts.
October 2nd, 2019 - 07:10 GMT

Mortgage Loans Provided by Saudi Banks Triple in August

Sisi's tweets came after a tense weekend in Egypt in which police mounted a huge show of force in Cairo
October 2nd, 2019 - 06:30 GMT

Egypt Return Nearly 2 Million People to Its Food Subsidy Program

The government will turn to foreign financial institutions of which it is a member to fund strategic development projects
October 2nd, 2019 - 06:00 GMT

Algeria Plans to Seek Foreign Loans, Cut Public Spending by 9.2 Percent

The Saudi finance ministry criticised the downgrade
October 1st, 2019 - 11:30 GMT

Fitch Downgrades Saudi Arabia’s Credit Rating

Exports of gasoline and other oil products started in late August
October 1st, 2019 - 11:00 GMT

Iran Plans to Generate $1.5 Billion Monthly Revenues Out of Gasoline Exports

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