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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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India took home the crown as the top-receiving country for earnings made by migrants, comprising 37.2 per cent of total remittances during Q2.
September 23rd, 2019 - 06:34 GMT

Expats' Remittances in UAE Hit $22 Billion in H1

The pickup in non-oil activities is also reflected in the rise in the Purchasing Managers' Index, which reached an average of 58.2 in Q2 2019.
September 23rd, 2019 - 06:34 GMT

UAE's Economy to Grow 2.4 Percent in 2019 Due to Non-Oil Sector

The rise in employment rate during Q2 was the result of the increase in the real estate sector and in other business platforms.
September 23rd, 2019 - 06:34 GMT

UAE Private Sector Employment Increases to 5.1 Million in Q2

Trader License plays a significant role in promoting consumer confidence in shopping for products and services on social networking sites.
September 22nd, 2019 - 01:00 GMT

Women Own 60 Percent of Dubai’s Social Media Businesses

Domestic tourism is also booming across the country, and greatly contributes to the industry’s rapid growth
September 22nd, 2019 - 12:00 GMT

Iran One of the Top Global Destinations for Religious Tourism

The attacks  cemented to the world the great importance of Saudi Arabia and its oil industry.
September 22nd, 2019 - 11:30 GMT

Saudi Aramco Stronger Than Ever After the Attacks

US President Donald Trump announced new sanctions against Iran’s Central Bank
September 22nd, 2019 - 11:00 GMT

World Needs New Economic System to Minimize US Policies on Free Trade

Average time to maturity of central government debt stock was 5.9 years as of the last month.
September 22nd, 2019 - 10:30 GMT

Turkey’s Central Government Gross Debt Stock Reaches $214.8 Billion

The announcement comes as President Donald Trump stated that the United States is introducing sanctions on Iran.
September 22nd, 2019 - 10:00 GMT

Russia Condemns Latest US Sanctions Against Iranian Institutions

The deficit before external grants totalled JD890.5 million, while it was JD795.9 million in 2018’s January-July period.
September 22nd, 2019 - 09:30 GMT

Jordan’s Public Debt Hits JD29.5 Billion End of July

The new categories are "small”, “medium” and “large”.
September 22nd, 2019 - 09:00 GMT

Global Aircraft Numbers to Increase 4.3 Percent Annually

The minister highlighted to this end the calm witnessed in Egypt, which encourages investors.
September 22nd, 2019 - 08:00 GMT

Egypt Achieves Highest Level in Gas Production

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