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Main headlines

Main headlines latest

US President Donald Trump displays the GENIUS Act
January 16th, 2026 - 04:33 GMT
Osama Ali

Osama Ali

Who controls Venezuela's oil now? The $500 Million sale after Maduro’s arrest

ALBAWABA — The U.S. has completed its inaugural sale of Venezuelan crude oil since taking control of the nation's oil industry, a U.S. official confirmed, following the arrest of President Nicolás Maduro. The official, who requested anonymity when speaking to AFP, stated the deal was worth $500 million. The identity of the buyer remains undisclosed, and U.S. officials hinted that more oil sales might occur in the near future. Trump ...
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UAE business tycoon Khalaf Ahmad Al-Habtoor has called for an Arab boycott of US companies. (File/photo)
October 15th, 2018 - 08:21 GMT

UAE Tycoon Khalaf Al-Habtoor Urges Boycott of US Firms Which Opted out of Saudi Investment Summit

Vision 2030 aims to reduce the country’s dependency on oil and focus on untapped renewable energy resources. (Shutterstock)
October 15th, 2018 - 08:15 GMT

Opinion: What Exactly Is Vision 2030 and What Does It Mean to Saudis?

Qatar to build global multilateral trade system. (Shutterstock)
October 15th, 2018 - 08:07 GMT

Qatar Sees the Future in Multilateral Trade System

India requires huge investment in creating infrastructure for receiving liquefied natural gas to the country. (Shutterstock)
October 15th, 2018 - 07:27 GMT

Gujarat Eyes Qatari Investments

Europe is establishing a banking system to overcome problems regarding banking relations with Tehran, the path will be soon even clearer for Tehran-London economic ties. (Shutterstock)
October 15th, 2018 - 07:12 GMT

UK Unwavering Towards Iran Under JCPOA Framework

Many rumours sought to tarnish the UAE's reputation globally. (Shutterstock)
October 15th, 2018 - 06:23 GMT

Fake News Will Cost You Dh1 Million in UAE

The Chinese envoy underscored Beijing’s strong belief in the compliance of all JCPOA-parties to their commitments, stressing the need for Iran’s economic and trade profits under the deal. (Shutterstock)
October 14th, 2018 - 03:02 GMT

Iran, China Strengthen Economic Ties to Counter US Tactics

The number of medical visitors surpassed 433,000 in last year, up 62 percent from 267,000 in 2013, TurkStat data showed. (Shutterstock)
October 14th, 2018 - 02:56 GMT

Medical Tourism Could Provide Turkey With $1.5 Billion Lifeline

Speculation continues to grow that Khashoggi was killed by Saudi authorities after entering the consulate. (AFP)
October 14th, 2018 - 02:51 GMT

The World Is Boycotting Saudi’s Investment Conference In Protest to Khashoggi Disappearance

Global economist Nouriel Roubini, who predicted the financial crisis in 2008, warned that the hype of crypto-assets is dangerous. (Shutterstock)
October 14th, 2018 - 02:37 GMT

Why Did Cryptocurrencies Experience Massive Declines on Global Stock Markets?

The scheme, which is in line with a Cabinet decision that was issued in June, will cover up to Dh20,000 per worker. (Shutterstock)
October 14th, 2018 - 02:31 GMT

New Visa System in UAE Goes Live on Monday

The slump may have started in luxury properties, but it has filtered down as Lebanon’s stagnant economy and government vacuum weighs on confidence and spending power. (Shutterstock)
October 14th, 2018 - 02:25 GMT

Lebanon Fund Hopes Diaspora Could Revive Real Estate Market

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