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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 central bank has also provided about $8 billion for imports of medicine and essential goods
September 29th, 2019 - 11:30 GMT

CBI: Country’s Imports Over $19 Billion of Basic Goods in H1 2019

Turkey has pushed for the 20-mile (32 km) deep “safe zone” to be established along more than 400 km of its border with northeast Syria.
September 29th, 2019 - 11:00 GMT

Turkey Plans to Build Towns Worth $27 Billion in Syria ‘Safe Zone’

Andy Heather, General Manager EMEA, Centrify.
September 29th, 2019 - 10:52 GMT

Centrify to Highlight the Role of Zero Trust Privileged Access Management in Cloud Security at Gitex 2019

Interim strategic plan for Sudan aims to create a distinctive education system based on science and values.
September 29th, 2019 - 10:30 GMT

Sudan Gets $ 59.7 Million Grant to Improve the Education Sector

Qatar’s tourism sector has proven to be a promising market for investors and businesses.
September 29th, 2019 - 09:30 GMT

Qatar’s Tourism Sector Grows at 11 Percent in August

Qatar has allocated huge investments on the health sector by providing more than 1,100 beds and opening four new health centers
September 29th, 2019 - 09:00 GMT

$6.2 Billion Worth of Investments in Qatar's Healthcare in 2018

UberTaxi can be accessed through the Uber app as another choice in service in addition to UberX.
September 29th, 2019 - 08:30 GMT

Saudi Arabia the First to Benefit From UberTaxi Service in the GCC

The solar power market in MENA is estimated to be worth more than $20 billion, according to MESIA
September 29th, 2019 - 08:00 GMT

$15 Billion Solar Projects in the Middle East Expected to Be Operational in 5 Years

The new agreement will expand cooperation to wider spheres of trade and investments
September 29th, 2019 - 07:30 GMT

Jordan, Turkey Keen on Boosting Economic Relations

The rupee has gained 4 per cent against the UAE dirham in the last three months
September 29th, 2019 - 07:00 GMT

IMF: Pakistan’s Rupee More Stable Now

Unlike a general perception that rents will go up ahead of Expo 2020, residents will be paying less rents due to a supply-and-demand correction
September 29th, 2019 - 06:30 GMT

Residential Rents in Dubai to Stay Lower Despite Expo 2020

The value-added agriculture saw a hike of 14 percent in 2015 and a decline of 12.8 percent in 2016.
September 29th, 2019 - 06:00 GMT

Morocco's Economic Center Expects 4.6 Percent Growth in 2020

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