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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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Dubai property shares rose following the announcement, led by a 3.4% jump in Emaar Properties.
September 3rd, 2019 - 06:05 GMT

New Commission Created in Dubai to Study The Needs of Real Estate Market

Qatar has sought to further its ties with Iran as the country could provide a major economic lifeline during the blockade.
September 2nd, 2019 - 01:30 GMT

Iran Grants Qataris On-Arrival Tourist Visas

Washington and Beijing stepped up their fight on Sunday by imposing additional tariffs on billions of dollars of each other’s goods.
September 2nd, 2019 - 01:00 GMT

China Manufacturing Demand Weak Amid Escalating Trade War

Women's participation is particularly strong in the public sector.
September 2nd, 2019 - 12:30 GMT

UAE Central Bank Demands Banks to Treat Customers Equally Regardless of Gender

The figure stood at 51.1pc in June this year, compared with 39.4pc in June 2018.
September 2nd, 2019 - 12:00 GMT

Bahrain Aims to Attract 15 Million Tourists a Year by 2022

Turkish government aims an economic growth rate of 2.3% this year
September 2nd, 2019 - 11:30 GMT

Turkey's GDP Totals Nearly $175 billion in Q2 2019

To attain a 4.7 percent tourism share of GDP, Iran will require $21 billion worth of investment.
September 2nd, 2019 - 11:00 GMT

Iran’s Tourism Sector Requires $21 Billion Worth of Investment

The remarkable growth in national savings has reflected positively on the rest of the country's economic indicators
September 2nd, 2019 - 10:30 GMT

UAE’s Gross Domestic Savings Hit $140 Billion in 2018

Iran imported 14,126,000 tons of goods
September 2nd, 2019 - 10:00 GMT

Iran’s Foreign Trade Volume Exceeds $35 Billion

The new issue is not tied to any specific project and will be used for general budgetary purposes
September 2nd, 2019 - 09:30 GMT

Abu Dhabi to Issue US Dollar-Denominated Bonds This Year

DoS figures showed that the value of national exports in the first six months of 2019 totalled JD2.257 billion.
September 2nd, 2019 - 09:00 GMT

Trade Deficit in Jordan Plummet by 8.8 Percent in First Half

 Cryptocurrencies do not act as any store of value nor are they a medium of exchange.
September 2nd, 2019 - 08:30 GMT

Learn More About Taxes, Cryptocurrencies in India

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