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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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Last month, the cash surplus of $730 million represents the Treasury's cash revenues plus privatization and fund income minus expenditures, including interest payments. 
August 8th, 2019 - 09:00 GMT

Turkey's Treasury cash balance sees surplus of $730 million in July

ADB is committed to providing wide-ranging support to strengthen Pakistan’s economy and reduce the risk of external economic shocks.
August 8th, 2019 - 08:30 GMT

Asian Development Bank Approves $500 Million Loan for Pakistan

In May, the current account posted a $151 million surplus, versus a $6.17 billion deficit in the same month last year.
August 8th, 2019 - 08:00 GMT

$376 Million Turkey’s Current Account Deficit Balance in June

Oman’s gas production over the three years before that had hovered close to the 1.5 million cubic feet mark, but never crossed it.
August 8th, 2019 - 07:30 GMT

Natural Gas Production Crossed 1.5 Million Cubic Feet in 2018 in Oman

Jordan currently has the capacity to send 26 megawatts to the cities of Jericho and Ghor
August 8th, 2019 - 07:00 GMT

Palestine, Jordan Sign MoU to Cover the Need of Oil Market Derivatives

Ahead of Eid Al Fitr, a total of 2,000 loans, valued at Dh3.4 billion, were awarded as part of the programme’s first instalment this year.
August 8th, 2019 - 06:30 GMT

Abu Dhabi Releases $435 Million Housing Loans

The government also remains committed to the Aramco IPO, which is expected to take place between 2020 and early 2021.
August 8th, 2019 - 05:44 GMT

Saudi Arabia Leads Region IPO Activity

The Iranian and Iraqi delegations also agreed to gear up the efforts to help investors engage in joint projects in the two neighboring countries.
August 7th, 2019 - 01:00 GMT

Iran, Iraq Sign MoU to Boost Trades Between Countries

Around five million out of 45 million citizens use the internet in Sudan.
August 7th, 2019 - 12:03 GMT

Internet Prices up 15 Percent in Sudan Despite Poor Services

The projects include the restoration of damaged houses and school buildings, as well as the establishment of a hospital for women and children.
August 7th, 2019 - 11:30 GMT

UAE to Fund $9.8 Million Projects in Comoros

The app aims to take the hassle out of the journey of a lifetime by making it more organized, spiritually invigorating and a treasured experience
August 7th, 2019 - 11:00 GMT

Pakistani Startup Creates World’s First Virtual Reality Hajj Simulator

One of the robbers then went to the vault, which was open, and filled a backpack with 1,567 gold coins.
August 7th, 2019 - 10:30 GMT

Inspired by ‘La Casa De Papel’? Armed Robbers in Mexico Steal over $2 Million in Gold Coins

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