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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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Tariff rates for export of raw minerals will increase by 25 percent
September 19th, 2019 - 09:30 GMT

Iran to Increase Tariff Rate on Raw Minerals starting September 22

BRICS is a group of world's biggest developing economies and includes the five nations which are also members of the G20.
September 19th, 2019 - 09:00 GMT

BRICS to Assume Half of Global Economy in 10 Years

The CBJ has financed some 1,109 projects with a total value of JD738 million under the soft-financing programme
September 19th, 2019 - 08:30 GMT

CBJ Lowers Interest Rate by 25 Basis Points

The Arab Future Cities Summit highlighted the region’s rapid development to become a global leader in smart cities
September 19th, 2019 - 08:00 GMT

MEA Smart Cities Market Poised for Strong Growth by 2022

Dubai must deliver the infrastructure required to meet the needs of a growing population
September 19th, 2019 - 07:30 GMT

Dubai Sees Public Private Partnership Projects in the Coming Few Year

Aramco continued to supply the markets without interruption and therefore revenues should continue as they are
September 19th, 2019 - 07:00 GMT

Saudi Attacks on Oil Infrastructure Have “Zero” Impact on the Economy

The measure will take effect as of Thursday, September 19.
September 19th, 2019 - 06:30 GMT

UAE Central Bank Reduces Interest Rates by 25 Basis Points

Moody's estimates that GCC investment managers had $260 billion of assets under management (AUM) as of December 2018.
September 19th, 2019 - 06:00 GMT

Moody’s: Saudi's New Laws Boost Credit Quality, Attract Investment

The Lebanese pound has been pegged at its current level against the US dollar for more than two decades
September 19th, 2019 - 05:30 GMT

Lebanon: Economic Growth Zero if Not Negative

Facebook is adding two new metrics to the Creator Studio
September 18th, 2019 - 01:00 GMT

Facebook Rolls New Features to Video Capabilities

The algorithms were able to identify abusive users
September 18th, 2019 - 12:30 GMT

New Algorithm Identifies Bullies on Twitter

Financial inclusion should be given great attention by the central banks
September 18th, 2019 - 12:00 GMT

IMF: Arab Countries Need to Provide More than 28 Million Jobs in 7 Years

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