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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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DIW 2019 edition comes at a time when the UAE's and Dubai's investment environment is witnessing many positive developments.
September 22nd, 2019 - 07:30 GMT

Foreign Direct Investment Flows Into Dubai Continue to Grow Remarkably

It is highly likely that the currency can top the level of 1.26 against the dollar.
September 22nd, 2019 - 07:00 GMT

Brexit Uncertainty Pounds to Continue in the Near Future

Iraq was counting greatly on the role of Chinese companies in the reconstruction of the country’s infrastructure.
September 22nd, 2019 - 06:30 GMT

Iraq Calls Major Chinese and International Companies to Invest in the Country

This causes the loss of the value of these funds and their positive return on Yemen.
September 22nd, 2019 - 06:00 GMT

Donors Must Transfer Funds Through Central Bank of Yemen

There are currently more than 2,500 students from Indonesia studying in Hadhramout
September 21st, 2019 - 12:00 GMT

Indonesia, Yemen Look for Investment Opportunities in Hadhramout

The sector's contribution to the country's GDP is set to increase to 8 per cent.
September 21st, 2019 - 10:00 GMT

UAE Logistics Sector’s Gross Output Hit $60 Billion

Egypt's US-imports reached $3.46 billion in 2019 in comparison to $3.09 billion in the same period in 2018.
September 21st, 2019 - 06:40 GMT

Trade Exchange Between Egypt, US Hits $5.3 Billion in 7 Months

If the economy does turn down, then a more extensive sequence of rate cuts could be appropriate
September 19th, 2019 - 12:30 GMT

US Federal Reserve Cut Interest Rates Again

Saudi Arabia and the IMF have been working continuously to improve official statistics
September 19th, 2019 - 12:00 GMT

IMF: Saudi Arabia Subscribes to Special Data Dissemination Standard

The plan aims to strategically shift the country away from its long-standing dependence on oil and gas as sources of revenue
September 19th, 2019 - 11:00 GMT

Oman’s Tourism Sector to Create Half a Million Tourism Jobs by 2040

Consumer trends are maturing and leading to demand for ethical and authentic products
September 19th, 2019 - 10:30 GMT

Qatar’s consumer goods market to respond to strong growth

South Africa’s Transnet National Ports Authority is working on partnering with Qatar’s shipping company Milaha to achieve this goal
September 19th, 2019 - 10:00 GMT

Qatar, South Africa in Talks to Start Direct Shipping Links to Boost Trade

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