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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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Central American country of El Salvador hopes their skilled professionals would get more employment opportunities in Qatar in coming years. (Shutterstock)
September 27th, 2018 - 05:14 GMT

El Salvador Wants Its Skilled Labour to Play Ball at Qatar's World Cup 2022

Saudi Arabia currently hosts 7.4 million expatriates working in various business sectors. (AFP)
September 27th, 2018 - 05:00 GMT

Opinion: Saudi's 7.4 Million Expats Are Key to a Robust International Trade

Dubai has also topped the list of global cities with the highest international overnight visitor spend for the third year in a row. (Shutterstock)
September 27th, 2018 - 04:51 GMT

Dubai Still Strong on Tourism, With $29.70 Billion Foreign Spending in 2017

“None of us can remain silent to the arbitrary cancellation of commercial agreements and the use of economic sanctions as weapons,” Erdogan said in a speech to the United Nations General Assembly. (AFP PHOTO / ADEM ALTAN)
September 27th, 2018 - 04:49 GMT

Turkey Will Not Tolerate US Use of Economic Sanctions as Weapons, Erdogan Warns

“It is impressive to see the vision of Oman, through the eOman initiative, creating the framework for Oman’s digital transformation to deliver customer-centric digital services,” (Shutterstock)
September 27th, 2018 - 04:40 GMT

Western Union App Launch in Oman to Grant Expats Hassle-Free Money Transfers

The consortium has held preliminary talks with investors about an outright sale of the more than 20 percent stake after GEMS shelved its plan to list the schools operator in London. (Fajr Capital)
September 26th, 2018 - 08:21 GMT

Schools May Have Started, but GEMS Private Equity Investors Are Ringing the Exit Bells

Careem Acquires India's Commut App. (File/photo)
September 26th, 2018 - 08:14 GMT

Careem Acquires India's Commut App

Xbox Insiders will have access to the functionality in the coming weeks. (TechRadar)
September 26th, 2018 - 07:53 GMT

Support Is Close for Microsoft's Xbox Keyboard and Mouse

In exchange for issuing the $12bn loan program, Egypt devalued its currency in November last year and cut down on state subsidies. (Shutterstock)
September 26th, 2018 - 07:47 GMT

IMF's $12 Billion Fund Ranks Egypt's Economic Growth Highest in Middle East

Blockchain promises to revolutionise key aspects of the real estate value chain. (Shutterstock)
September 26th, 2018 - 07:26 GMT

Dubai's Skyscrapers Aren't Turning Heads at Cityscape Global. It's Blockchain Strategy Is.

The extraordinary traits in the Egyptian women have not gone extinct throughout the generations, and it is still being transferred from one great generation to the next one. (Scoop Empire)
September 26th, 2018 - 07:21 GMT

Egyptian Women Reign on Forbes’ 'Middle East’s Most Influential Women' 2018!

With a speed of up to 300 kilometers per hour, the electric trains on the line will carry around 60 million passengers per year. (Shutterstock)
September 26th, 2018 - 07:08 GMT

Saudi Inaugurates High-Speed Railway Linking Islam's Holiest Cities

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