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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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This should result in a substantial uptick to the real GDP growth and thus improve the per capita income thereby lifting all sectors including food.
September 16th, 2019 - 12:30 GMT

Food Consumption in Oman to Grow 4.6 Percent Annually Until 2023

The number of employed persons decreased by 802,000 to 28.5 million persons in June 2019
September 16th, 2019 - 10:30 GMT

Unemployment Rate Stands at 13 Percent in Turkey

The new tax is aimed at helping to diversify the nations’ sources of revenue.
September 16th, 2019 - 10:00 GMT

Auto Loans Drop in Bahrain by 10.3 Percent After Implementation of VAT

Iran will continue to reduce its nuclear commitments as long as the other parties fail to carry out their commitments
September 16th, 2019 - 09:30 GMT

Iran, Russia Plan on Expanding Nuclear Cooperation

The company is currently working on evaluating the final effects to determine the financial impact.
September 16th, 2019 - 09:00 GMT

4 Major Saudi Petchem Groups Cut Feedstock Supplies After Attack

Oman has truly become a haven for travellers from the GCC and Asian countries who seek to temporarily escape the heatwave.
September 16th, 2019 - 08:30 GMT

Oman Hotel Revenues Exceed $300 Million in H1 2019

Investment from the GCC and the Arab World will help Bangladesh economy achieve a higher growth rate and we are more than ready to welcome them.
September 16th, 2019 - 08:00 GMT

UAE to Invest $10 Billion In Bangladesh Infrastructure Projects

Increased funding costs are likely to impact banks amidst intensified competition for deposits and tighter liquidity in the second half.
September 16th, 2019 - 07:30 GMT

UAE Banking Industry Shows Marginal Improvement in Q2

Trump authorised the release of US supplies from its Strategic Petroleum Reserve
September 16th, 2019 - 07:30 GMT

Oil Prices Soar Due to Slashing Saudi Output by Half After Attack

Major buyers of Saudi crude in the region are unlikely to press the panic button just yet
September 16th, 2019 - 06:30 GMT

Oil Projected to Hit $80 per Barrel After the Attack on Saudi Arabia

Lebanon’s GDP is estimated at $60 billion, and the tax rate on profits is at least 10 percent among individuals, institutions and companies
September 16th, 2019 - 06:00 GMT

Lebanon Pushed by French Pressure to End Tax Evasio

The CPI of August, 2019 excluding housing, water, electricity and other fuel group stands at 110.78 points
September 15th, 2019 - 01:00 GMT

Qatar’s Consumer Price Index Rose 1.16 Percent in August

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