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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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From the first day it was launched on September 9, 2009, until the end of August 2017 - nearly eight years - the driverless carriage had carried 1.03 billion passengers. (Khaleej Times)
September 6th, 2018 - 08:31 GMT

The History of The Dubai Metro

The US was the most popular cross-border online shopping destination, with 22 per cent of UAE online shoppers making purchases from a US website. (Shutterstock)
September 6th, 2018 - 08:01 GMT

UAE Residents Splurge Dh36 Billion on Online Shopping in 2018

UAE Visas
September 6th, 2018 - 07:50 GMT

All You Need to Know About the 9 Types of Visa in UAE

The total EU aid commitments to Egypt amount to over €1. 3bn in grants. (Shutterstock)
September 5th, 2018 - 11:04 GMT

EU Commits Over €113 Million to Egypt in 2018

People in Iran spent 1,110 trillion rials (about $26.5 billion) on online shopping during the previous Iranian calendar year. (Shutterstock)
September 5th, 2018 - 10:51 GMT

Report: Over $26 Billion Dollar Spent in E-Commerce in Iran

Trade volume at Amman offices and the DLS headquarters amounted to 69 per cent of the Kingdom's trade, totalling JD2.4 billion. (Shutterstock)
September 5th, 2018 - 10:38 GMT

Jordan Real Estate Market Drops by 13 Percent

The global Muslim travel segment is currently valued at an estimated Dh660.6 billion. (Shutterstock)
September 5th, 2018 - 10:34 GMT

UAE Residents World's Highest Spenders of Halal Tourism

The high ranking reflects a string of visa facilitation measures introduced by Qatar. (Shutterstock)
September 5th, 2018 - 10:24 GMT

Qatar 'Most Open Country' for Visas in the Region

The Turkish bank loans will provide a key test of the nation’s ability to tap overseas debt markets amid US sanctions that have cooled the economy. (Shutterstock)
September 5th, 2018 - 10:17 GMT

Turkish Banks to Meet $6 Billion of Financing Deadlines

A non-profit organisation founded in Doha with teams in other neighbouring Gulf countries is raising awareness on the benefits of blockchain. (shutterstock)
September 5th, 2018 - 09:46 GMT

Gulf Blockchain Foundation to Increase Traction in the GCC by 2019

The agreement aims to enhance economic relations and reduce costs, especially of petroleum products and natural gas. (Shutterstock)
September 5th, 2018 - 08:53 GMT

Qatar, Turkey Sign Economic Partnership Agreement

Egyptian economy is safe from any economic fluctuations at the international level. (Shutterstock)
September 5th, 2018 - 08:35 GMT

Egypt Economic Reforms Spare it from Emerging Markets' Crises

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