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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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Turkish Petroleum Corporation to make investments in Sudan worth $100 million, says agriculture and forestry minister. (Shutterstock)
September 12th, 2018 - 06:47 GMT

Turkey, Sudan Ink Deals Worth $100 Million on Oil Exploration and Agriculture

Iran to Use Technology for Food Products. (Tehran Times)
September 12th, 2018 - 06:41 GMT

Ahead of Sanctions, Iran to Use Technology for Food Products

Iraqi passengers disembark from a train coming from Baghdad as it arrives in the city of Fallujah in Anbar province, about 70 kilometers west of the capital. (AFP)
September 12th, 2018 - 06:37 GMT

Hope Thrives as Iraq Reopens Railway Between Baghdad and Fallujah

The current version of the law mandates the Cabinet to determine the amount given to citizens working in the private sector. (Shutterstock)
September 12th, 2018 - 06:30 GMT

If Passed, New Law to Encourage Kuwaitis to Work in Private Sector

Despite the lower purchases, Iran remained the third biggest oil supplier to India in August, the data showed. (Shutterstock)
September 12th, 2018 - 06:26 GMT

Iraq Ahead of Saudi Arabia as Top Oil Supplier to India

The guide will be useful to tourists who are big on adventure and would like to know about the various heritage sites in the governorate. (Shutterstock)
September 12th, 2018 - 06:23 GMT

Muscat as Never Seen Before, Thanks to New Tourism App

Turkey aims to export smart phones to 45 countries by the end of this year. (Shutterstock)
September 12th, 2018 - 06:15 GMT

Turkey's Smartphone Producer to Export to 45 Countries Worldwide

The new law comes to “redistribute the tax burden and achieve justice among all groups of society. (Shutterstock)
September 12th, 2018 - 06:12 GMT

Jordan's New Income Tax Law Promises Little Change for Investors

Saudi Arabia has been seeking a civilian nuclear agreement with the United States. (AFP)
September 12th, 2018 - 06:02 GMT

US, Saudi Discuss Civil Nuclear Engagement

Those who have entered the UAE illegally after August 1, 2018 will not be entitled to avail the Amnesty scheme. (Shutterstock)
September 12th, 2018 - 05:49 GMT

UAE Amnesty Scheme Inapplicable for Illegal Expats Post August 1

Emaar refutes the report by a section of the media. (Shutterstock)
September 12th, 2018 - 05:48 GMT

Emaar Refutes 10-Year Visa Offer to Investors

The health sector in Saudi Arabia is the largest among all Middle Eastern countries. (Shutterstock)
September 11th, 2018 - 08:54 GMT

Saudi Health Sector Expenditure at $40 Billion, Largest in the Middle East

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