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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 exports-to-imports coverage ratio stood at 83.4% during the month
September 30th, 2019 - 11:00 GMT

Turkey’s Foreign Trade Balance Posts $2.5 Billion Deficit in August

Considering India’s growth potential, the kingdom is eyeing long-term partnerships with New Delhi in key sectors such as oil, gas and mining
September 30th, 2019 - 10:00 GMT

Saudi Arabia to Invest $100 Billion in India’s Petchem Sector

The two countries can benefit this advantage and plan widespread economic and export activity.
September 30th, 2019 - 09:30 GMT

Iran, Afghanistan Aim to Invest in Construction Industry

The emirate has been particularly successful in attracting advanced technology and specialised talent.
September 30th, 2019 - 09:00 GMT

Dubai FDI Register 135 Percent Increase in H1 2019

US has exempted Chabahar Port from sanctions
September 30th, 2019 - 08:30 GMT

Iran Export of Products From Chabahar Port Hit 100 Percent Growth

The beneficiary families are among 7,000 households the ministry plans to include in the project by 2020
September 30th, 2019 - 08:00 GMT

Jordan to Install 1st Phase of Solar Project to Power 2,213 Homes

The market mix was dominated by the leisure segment, which accounted for 48.4% of total roomnights sold
September 30th, 2019 - 07:30 GMT

MENA Hotels Continue to Lose Profit

If the support is linked to the consideration towards sale of automobiles, it may be subject to VAT.
September 30th, 2019 - 07:00 GMT

How Automobile Dealers Can Manage VAT Compliance in UAE

The visit comes within the framework of strengthening trade and economic ties between the business sectors in the two countries
September 30th, 2019 - 06:30 GMT

Vietnam, Saudi Arabia Discuss Trade Cooperation

The budget for the fiscal year 2019 was the largest in the UAE with zero-deficit.
September 30th, 2019 - 06:00 GMT

UAE Increases Federal Budget by 2 Percent in 2020

The protesters gathered Sunday in the central Martyrs Square
September 29th, 2019 - 01:00 GMT

Lebanese Protest in Beirut over Declining Economic Crisis

The construction sector topped the list with 26.7pc of the new licences.
September 29th, 2019 - 12:00 GMT

Number of Expatriate Workers in Bahrain Drop 11 Percent in Q2

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