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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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South Sudan, where oil revenues make up nearly 98% of the budget, has been reeling an under economic crisis due to civil war.
September 18th, 2019 - 11:30 GMT

S. Sudan Signs Mineral Exploration Agreement With US, Canada Firms

Meanwhile the contribution from Dubai's construction sector to the GDP reached 6.4 per cent in 2018
September 18th, 2019 - 11:00 GMT

Dubai’s Real Estate Contribution to UAE’s GDP Posts 13.6 Percent Growth

New conditions will be formed in the banking transactions of regional countries
September 18th, 2019 - 10:30 GMT

Iran to Strengthen Trade Transactions via National Currencies

Across Hong Kong, on-year tourist arrivals fell 40 percent in the last month
September 18th, 2019 - 09:30 GMT

How Hong Kong's Protests Harmed the Economy

The UAE ranked in first place in terms of the foreign investments pumped into financial intermediation, industry, manufacturing and trade.
September 18th, 2019 - 09:00 GMT

Foreign Investments in Oman Hit OMR16.23 Billion

It added that customer deposits fell slightly, by just 0.8 percent, up to June.
September 18th, 2019 - 08:30 GMT

Lebanon’s 14 Leading Banks’ H1 Profits Drop by 6 Percent

A Customs strike was the cause of long queues at gas stations
September 18th, 2019 - 08:00 GMT

Cars Lined Up for Fuel Ahead of Strike by Gas Station Owners in Lebanon

Q2 2019 marks the highest value of awarded contracts by quarter since Q2 2015
September 18th, 2019 - 07:00 GMT

Saudi Contract Soars to $30.2 Billion in H1 2019

Lagarde is set to replace incumbent Mario Draghi on Nov. 1.
September 18th, 2019 - 06:30 GMT

European Parliament Approves Christine Lagarde’s Candidacy to Head ECB

The oil output to international markets is back to what it was before the attack
September 18th, 2019 - 05:57 GMT

Saudi Arabia Committed to Fully Restore Oil Production by Month-End

The kingdom will achieve 11 million barrels per day (bpd) capacity by the end of September
September 18th, 2019 - 05:57 GMT

Saudi Arabia Committed to Fully Restore Oil Production by Month-End

The agency searched the devices of more than 30,000 international travelers in 2017 – 10,000 more than the year prior.
September 17th, 2019 - 01:00 GMT

ICE Inks $30 Million Contract with Israeli Phone Cracking Company

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