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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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The UAE's economic growth will pick up to 2.6 per cent by 2020 from 1.7 per cent in 2018 in part due to increased economic activity associated with the Expo.
September 4th, 2019 - 11:00 GMT

Dubai's Economy to Grow at 2.5 Percent Annually Over the Next 4 Years

Qatar’s economy is open and welcomes all foreign investments.
September 4th, 2019 - 10:00 GMT

Qatar-China Trade Volume Soars 30 Percent to $13.5 Billion in 2018

Moody’s believes that Saudi Arabia will drive global sukuk issuance in 2019.
September 4th, 2019 - 09:30 GMT

Saudi Economy Relatively Stable Despite Global Challenges

The Middle East experienced a 7.9% fall in billionaire numbers
September 4th, 2019 - 09:00 GMT

Billionaire Population in Middle East Declines by 5.4 Percent

The sanctions designated for the first time against Iran’s civilian space agency was announced by the State and Treasury departments.
September 4th, 2019 - 08:30 GMT

US Imposes New Sanctions on Iran’s Space Program

Aramco plans to tell banks later this week or early next week whether they got a role on the offering, the people said.
September 4th, 2019 - 08:00 GMT

Saudi Aramco to Select Underwriters for Its IPO This Week

The Turkish lira traded at 5.7745 against the US dollar at 1024 GMT, its strongest in a week, up from 5.8170 before the data.
September 4th, 2019 - 07:00 GMT

Turkish Inflation Slips to 15.01 Percent in August

The pound was trading at 650 against the dollar
September 4th, 2019 - 06:30 GMT

Syrian Pound at Record Low Against the Dollar

Sudan’s GDP in 2019 is expected to grow by 3.1 percent in line with the forecasts of equal economic growth in sub-Saharan Africa.
September 4th, 2019 - 05:35 GMT

Sudan’s Growth Rate Declines 2.1 Percent in Q2 2019

Total ownership of foreign investors stood at 8.33 percent of total market capitalization late August, representing an increase of 0.47 percent from July
September 3rd, 2019 - 01:30 GMT

Saudi Stock Value Soars 20.8 Percent in August

About 3.7 million students have joined 12,791 schools across various governorates
September 3rd, 2019 - 01:00 GMT

How Poverty Shatters the Dreams of Syria's Youth

In 2018, there were 241 residential units sold in off-plan sales over Dh5 million compared to 17,235 units which were sold under Dh5 million.
September 3rd, 2019 - 12:30 GMT

Demand for Affordable Properties Soars in Dubai

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