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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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Most affected sectors will be automotive by a trade loss worth up to $1.2 billion
September 7th, 2019 - 01:00 GMT

Turkey May Lose Trade Up to $3 Billion Under No-Deal Brexit

Molla also said that the ministry is working to encourage Egyptian companies engaged in research and exploration activities
September 7th, 2019 - 11:00 GMT

Egypt Signs Two Agreements Explore Oil, Gas in Western Desert

Sharp falls in the cost of electricity from wind and solar over recent years have transformed the choice facing policy-makers.
September 7th, 2019 - 10:00 GMT

Global Renewable Energy Sector Investments to Reach $2.6 Trillion End 2020

The Trump administration has been pressuring China for more than two years to make a trade deal that would strengthen its protections for American intellectual property
September 7th, 2019 - 08:00 GMT

Trump: China Will Suffer as Data Shows Trade War Hurting US Factories

Apple Inc store front in Omotesando, Tokyo.
September 5th, 2019 - 10:40 GMT

Apple to Open Its Largest Store in Japan on September 7

keeping the Lebanese pound at 1,500" is the only stable way to proceed with the government's reforms
September 5th, 2019 - 10:14 GMT

Lebanon to Cut Budget Deficit to 7 Percent of GDP Next Year

More than 200 trucks, 100 from each country, including individually  and corporately-owned trucks, are participating in the transport process, the Energy Ministry said in a statement.
September 5th, 2019 - 09:34 GMT

Jordan Receives the First of Daily Iraqi Oil Shipments

The downgrades and tensions over the border with Israel and inside Lebanon led for the first time in years to the U.S. dollar reaching 1,560 Lebanese pounds on the black market in recent weeks for the first time in more than two decades.
September 5th, 2019 - 08:48 GMT

S&P Warns on Drawdown of Foreign Currency Reserves in Lebanon

State-owned China National Petroleum Corporation (CNPC), one of the country’s “big three” producers, holds an 80% stake in Phase 11 after French major Total’s withdrawal in August 2018 in response to US sanctions.
September 5th, 2019 - 07:27 GMT

Iran, China Update $400 Billion of Chinese Investment Deal

Egypt's exports of medicines and medical supplies for 2018 reached about $789 million, of which $65 million were to African countries
September 5th, 2019 - 06:30 GMT

Egypt to Strengthen Presence in Africa Through Medicine Exports

The 8-inch vase once belonged to the Qianlong Emperor who ruled China from 1735 to 1796.
September 5th, 2019 - 06:14 GMT

Man Buys Vase for a Pound, Finds out It's Worth £80,000

US-China negotiations resumed in June at the highest levels in the margins of the G20 summit meeting in Osaka, Japan, when Trump met his Chinese counterpart Xi Jinping.
September 5th, 2019 - 06:14 GMT

US-China Trade Talks to Be Resumed in Washington in October

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