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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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Iran was Turkey’s 19th biggest export destination and the 11th biggest exporter of goods to the country during the period.
September 9th, 2019 - 11:00 GMT

Iran, Turkey Bilateral Trade Exceeds $4 Billion During the First Seven Months

The agreement plans to offer investment insurances through the Investment Guarantee Agency (MIGA)
September 9th, 2019 - 10:30 GMT

World Bank, Yemen Agree to Enhance Central Bank Abilities, Stabilize Exchange Rate

UAE will support any decision taken in consensus within OPEC
September 9th, 2019 - 10:00 GMT

UAE: Oil Producers Committed to Balancing Market

Sudan's government will work to tackle the crisis through short-term and long-term programmes.
September 9th, 2019 - 09:30 GMT

Sudan Announces 200-Day Emergency Plan to Restore the Deteriorated Economy

Number of expats in the country had declined, creating more job opportunities for the locals
September 9th, 2019 - 08:30 GMT

Over 34 Thousand Foreign Workers Left Oman in 2018 Due to Omanisation

British Airways (BA) should share more of its profits with its pilots.
September 9th, 2019 - 08:13 GMT

British Airways Faces First-Ever Strike Pilots' Strike

The taxpayer who applies for the provisions of the income tax law may not re-apply for simplified tax treatment until after five years.
September 9th, 2019 - 07:30 GMT

Egypt Includes Tax Incentives for SMEs in New Draft Law

The increase was estimated at 46 percent compared to the results of the same period last year.
September 9th, 2019 - 07:00 GMT

Over 6 Million Tourists Visited Tunisia in 2019

Tehran wants to restart selling its oil.
September 9th, 2019 - 06:30 GMT

US to Sanction Iranian Oil’s Buyers

Size of the Kingdom's cybersecurity market is projected to swell to $3 billion this year.
September 8th, 2019 - 11:04 GMT

Saudi Arabia’s Cybersecurity Market to Grow to $5.5 Billion by 2023

Property Finder's latest data disclosed that communities such as Meydan and Damac Hills offer gross rental yields of 9.3 per cent and 8.9 per cent, respectively.
September 8th, 2019 - 10:49 GMT

Study: Average Rental Returns in Dubai Better Than Big Cities

Crisis has negative impact on emerging markets perception, but also carries lessons, opportunities for Turkey.
September 8th, 2019 - 10:10 GMT

Argentina's Crisis Might Be an Opportunity for Turkey

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