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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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UAE's market is one of the world's most dynamic markets worldwide
August 14th, 2019 - 11:30 GMT

GCC’s Economic Growth to Reach 3.2 Percent in 2020

The new projects are an endeavour to reach a sustainable water sector that will develop and preserve the water resources
August 14th, 2019 - 10:45 GMT

Saudi Arabia Launches Water Projects Worth Over $825 Million in Makkah

The debt of the Moroccan government has become 61.63 percent of bonds over ten years
August 14th, 2019 - 10:21 GMT

Morocco’s Internal Debt Reaches $59.3 Billion in July

Germany exported mainly machinery, chemical products, and cars and car parts to Iran.
August 14th, 2019 - 09:34 GMT

German Exports to Iran Fell by Half in the First Six Months of 2019

Operation and Maintenance (O&M) represented 60 per cent of the total contracts in Q2 2019
August 14th, 2019 - 08:51 GMT

Global Oil and Gas Industry’s Contract Hit $42 Billion in Q2 2019

The petroleum sector aims at encouraging global companies to pump new investments in the fields of research and exploration
August 14th, 2019 - 08:30 GMT

Egypt Targets Increasing the Daily Production of Crude Oil

Aston Martin
August 14th, 2019 - 08:18 GMT

Making History: The Aston Martin DB4 GT Zagato Continuation Programme Is Handcrafting Excellence

British Royal Marines seized the oil tanker on July 4 off the coast of the British Mediterranean territory of Gibraltar
August 14th, 2019 - 07:54 GMT

Britain Might Free Iranian-Operated Oil Tanker Grace 1 Soon

When it comes to risks, the top three concerns among Asian investors are a global trade war (47 per cent)
August 14th, 2019 - 06:52 GMT

Businessmen and Investors More Optimistic on UAE’s Economy

Global oil market performance indicators are still almost stable
August 14th, 2019 - 06:30 GMT

Kuwait to Cut Oil Production in Order to Support Crude Prices

The lira had firmed as far as 5.4515 to the dollar
August 14th, 2019 - 05:34 GMT

Turkish Lira Lower As Investors Remain Cautious of Emerging Markets

Capital expenditure was $14.5 billion, compared to $16.5 billion for the same period in 2018
August 12th, 2019 - 03:30 GMT

Saudi Aramco Net Income Reaches $46.9 Billion for the First Half 2019

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