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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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Oman has strong bilateral relations with Greece and the introduction of this new flight will certainly help strengthen relations even further. (Shutterstock)
October 1st, 2018 - 05:06 GMT

Oman Air Flies to Athens Starting June 2019

A gain of more than 1 percent in Industries Qatar and Qatar National Bank lifted Qatari stocks by 0.8 percent in early trade. Stocks in oil producing countries are showing strong momentum with oil prices at a four-year high, as US sanctions on Tehran squeezed Iranian crude exports. (Shutterstock)
October 1st, 2018 - 05:00 GMT

Strong Oil Prices Boost GCC Stocks, Led by Qatar and Saudi

Gartner researchers has put a figure of $155 billion on MENA region IT spending in 2018, with banking and securities firms leading spending growth. (Shutterstock)
October 1st, 2018 - 04:52 GMT

MENA Finance Firms Spend $155 Billion in Digital Disruptive Technologies

The Saudi debt management office expects $11 billion of inflows as a result of the entry into the indexes, the Saudi ministry of finance said in a statement. (Shutterstock)
October 1st, 2018 - 04:42 GMT

JP Morgan Bond Index Entry to Inject Saudi Arabia With $11 Billion

The Houthi's Masirah TV earlier said, without providing evidence, a Sammad-3 drone had launched a drone attack on the airport. (Shutterstock)
October 1st, 2018 - 04:34 GMT

UAE Denies Houthis Strike, Dubai International Airport Operating as Normal

Fifth Street Cafe_Courtyard by Marriott World Trade Center, Abu Dhabi
September 30th, 2018 - 07:48 GMT

Delight in an Afternoon of Cold Brews With Fifth Street Café at Courtyard by Marriott World Trade Center, Abu Dhabi

According to the statement, Kawar announced Jordan’s commitment in narrowing the gap by transferring wages electronically in sectors where women dominate. (Shutterstock)
September 30th, 2018 - 07:48 GMT

Jordan's Gender Pay Gap Highest at Health Sector, at 31.8 Percent

The astronaut who will be selected as the first one to head to space will be announced later this year. (Shutterstock)
September 30th, 2018 - 07:41 GMT

UAE's First Space Voyage Set for April 5th 2019

Industry experts agree that Middle East organizations are turning to digital consultancies to help solve business challenges – including budget constraints, over-extension of IT infrastructure, optimizing information management, and finding minimal time to value for digital business solutions and strategies. (Shutterstock)
September 30th, 2018 - 07:28 GMT

MENA Enterprise Software Market to Exceed $ 760 Million in 2018

Qatar’s budget outlays for this current fiscal year are based on an assumed oil price of $45 a barrel, but if the oil prices continue to coast as they do now, Seetharaman said investments would flow into the country. (Shutterstock)
September 30th, 2018 - 07:19 GMT

Qatar’s Resilience Post Blockade - Business as Usual?

“We remain, despite the blockade, the world’s top exporter of LNG. Our reserves and funds are estimated to stand at 250 percent of the GDP, whether it is in cash reserves of in sovereign wealth fund investments. These are sufficient to sustain the country for another couple of decades.” (Shutterstock)
September 30th, 2018 - 07:01 GMT

Qatar’s Banking, Energy Sectors Stable and Profitable Despite Siege

The grant focuses on the rehabilitation of water networks, distribution and drainage networks in Yemen and water supply stations to prepare them for civilian use. (Shutterstock)
September 30th, 2018 - 06:51 GMT

Qatar Supplies 19.3 Million Yemenis With Water and Sanitation Projects Amidst the Saudi-UAE Led War on Yemen

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