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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 devices mentioned in the suit are Apple's iPhone 7 Plus, iPhone 8 and iPhone X, and Samsung's Galaxy S8 and Galaxy Note8.
August 26th, 2019 - 09:56 GMT

Apple, Samsung's Smartphones Sued Over Harmful RF

The tumbling began after Trump responded angrily on Twitter following China’s announcement of new tariffs on $75 billion in US goods.
August 26th, 2019 - 09:27 GMT

Asian Shares Plunge Amid US-China Trade War Escalation

Trump’s counterparts, including Johnson, are trying to convince him to back off his trade wars with China and other countries, which they see as contributing to the economic weakening.
August 26th, 2019 - 09:25 GMT

White House on US-China Trade War: Trump Regrets Not Raising Tariffs Higher

JREEEF is scheduled to implement the project in 10 Aqaba hotels during 2019 and 2020, while execution in the remaining 30 hotels will be done at a “later stage”.
August 26th, 2019 - 09:09 GMT

48 Hotels to Go Green in Jordan

Qatar faces several challenges including continued sensitivity to volatile global energy prices and capital flows as well as increasing LNG competition (especially from Australia and the US), which could put downward pressure on prices.
August 26th, 2019 - 08:48 GMT

Qatar Non-Oil Activity Buoyed by Government Investment

Over the week, WTI lost 1.3%, while Brent rose 1.2%.
August 26th, 2019 - 08:36 GMT

Oil Prices Plummet After China Unveils Retaliatory Tariffs Against US

RuPay is run by the National Payments Corporation of India and competes with other global card payments systems.
August 26th, 2019 - 08:10 GMT

India's RuPay Card System Launches in Bahrain

MAG City features 48,000 sq m of public facilities, including a private clinic, nursery, and mosque; around 8,000 sq m of retail space; and 84,211 sq m of public parks and green areas complete with a jogging and bicycle track.
August 26th, 2019 - 07:44 GMT

Chinese Company Wins $500 Million Contract to Construct MAG City in Dubai

Over the weekend, the US imposed 10 per cent additional tax on $550 billion Chinese imports and China announced retaliatory tariffs on $75 billion worth of US imports.
August 26th, 2019 - 07:31 GMT

GCC Bourses Witness Massive Sell-Off Due to US-China Trade War Escalation

On June 19, FAB had informed QFCRA that it would relinquish its QFC branch licence and permanently close the branch.
August 26th, 2019 - 07:00 GMT

Qatar Imposes $55 Million Fine on UAE's Largest Bank

Gold rose over 2 per cent to a six-year high of $1,537 on the Comex in New York on Friday.
August 26th, 2019 - 06:43 GMT

Gold May Hit All-Time High Amid Escalation of US-China Trade War

Digitalization and automation of inventory control is making its presence felt in the UAE
August 25th, 2019 - 11:01 GMT

AI-Driven Technologies to Transform Mideast Warehousing, Inventory

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