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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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There have also been enough individual situations publicized in our press to drive the point home that not all is well in the field of domestic help. (Shutterstock)
September 26th, 2018 - 07:02 GMT

Opinion: Here's How to Tackle Saudi's Domestic Labor Concerns

Tthe social and economic standing of the Jordanian people is not appropriate right now for this law. (Shutterstock)
September 26th, 2018 - 06:49 GMT

Who Will Bear the Burden of Jordan's New Income Law?

Qatar welcomes US investors who can benefit from the promising investment opportunities offered by the Qatari economy. (Shutterstock)
September 26th, 2018 - 06:21 GMT

Qatar Is a Multi-Billion Dollar Trump Card for US Investments

Qatar is opening up almost all the economic sectors through 100% FDI. (Shutterstock)
September 26th, 2018 - 06:15 GMT

New FDI Law to Position Qatar a Centre for Trade/Re-Exports

‘Epicure Investment’ with an initial capital of QR1.8mn in the Qatar Financial Center (QFC).
September 26th, 2018 - 06:09 GMT

Qatar Welcomes a New QR 1.8 Million Investment Company

In the previous year, Indian exports to Qatar had totalled close to $800 Million. (Shutterstock)
September 26th, 2018 - 06:04 GMT

India’s Exports to Qatar Reach $1.5 Billion in 2018

UAE imports from the Kingdom reached Dh244.2 billion ($67 billion) during the monitored period and exports to Dh144.8 billion ($39.7). (Shutterstock)
September 26th, 2018 - 05:18 GMT

How Did UAE and Saudi Build Their $196 Billion Non-Oil Trade Ties?

Five per cent VAT is expected to produce revenues of over $25 billion per annum for the six GCC countries. (Shutterstock)
September 26th, 2018 - 05:14 GMT

Bahrain Next in Line to Implement VAT in GCC

The competition includes creating technologies for all aspects of spacecraft manufacturing. (Shutterstock)
September 26th, 2018 - 05:10 GMT

UAE Is on the Look-out for the Next Space Startups

Swedish truckmaker AB Volvo has stopped assembling trucks in Iran because US sanctions. (Shutterstock)
September 25th, 2018 - 06:26 GMT

Volvo Exists Iran Due to US Sanction

Commercials will typically trigger gold to fall through support levels and as Managed Money sells. (Shutterstock)
September 25th, 2018 - 06:20 GMT

If You've Invested in Gold, You Might Want to Read This

The project will support women and youth. (Shutterstock)
September 25th, 2018 - 06:12 GMT

Jordan to Tackle Support Issues for Startups With $98 Million Fund

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