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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 investment will be made as a solution for bypassing and circumventing US sanctions by Chinese companies.
September 8th, 2019 - 08:19 GMT

China to Invest $280 Billion in Iran's Oil, Gas Industry

Chinese companies also signed $35.6 billion worth new contracts for construction projects in Arab countries and invested $1.2 billion directly in Arab countries during the same year.
September 8th, 2019 - 08:19 GMT

Chinese-Arab Trade Exceed $244 Billion in 2018

Cleaning trends are a correlated measure of where the green industry is going and why.
September 8th, 2019 - 08:17 GMT

10 Ways Commercial Cleaning Trends Can Benefit the Green Industry

Wheat prices also remained under downward pressure, reflecting ample export availabilities, but those of rice edged up, due to seasonal effects as well as concerns over the impact of weather on crops in Thailand.
September 8th, 2019 - 08:17 GMT

World Food Prices Slip 1.1 Percent in August

US and Chinese negotiators are preparing for talks in October, later than initially planned, but neither side has given any sign of offering concessions that might break a deadlock over how to enforce a deal.
September 8th, 2019 - 08:17 GMT

China's Exports to US Plummet 16 Percent as Tariff War Worsens

Also, Prince Sultan bin Ahmed bin Abdulaziz Al Saud was appointed as the Saudi ambassador to Bahrain.
September 8th, 2019 - 07:24 GMT

Prince Abdulaziz bin Salman Appointed as Energy Minister In Saudi Arabia

Prior to the opening, the park was inspected by a group of diving professionals, who ensured all safety requirements are fully met to guarantee a safe experience for the public.
September 8th, 2019 - 07:16 GMT

Bahrain Inaugurates the World’s Largest Underwater Theme Park

On the federal level, the Justice Department and Federal Trade Commission are probing Facebook, Google, Apple and Amazon, also for potential violations of antitrust law.
September 8th, 2019 - 06:21 GMT

US States Announce Antitrust Probes of Tech Giant Companies

It's not the first case of a tourist being overcharged at a restaurant.
September 8th, 2019 - 06:21 GMT

Tourist Pays $2,900 for Shawarma Plate in Israel

 Several Boeing 777X aircraft are seen in various stages of production during a media tour of the Boeing 777X at the Boeing production facility in Everett, Washington, US, on February 27, 2019.
September 8th, 2019 - 06:02 GMT

Boeing Suspends Load Test for New 777X Aircraft

During the conversation, they discussed relations between the two countries and aspects of bilateral cooperation
September 7th, 2019 - 04:00 GMT

Saudi Arabia, Iraq Confirm Joint Coordination to Stabilize Oil Markets

Despite Bahrain losing ground in terms of working abroad and family life, expats are still generally happy with both aspects of life abroad.
September 7th, 2019 - 02:00 GMT

Bahrain Remains Best Place for Expatriates Living in the Middle East

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