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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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The world’s biggest crude oil exporter might be mulling a stake in the world’s most iconic electric car company. (Shutterstock)
August 13th, 2018 - 11:48 GMT

Could Saudi Arabia be the White Knight Elon Musk Is Looking For?

With a denomination of EUR 10,000 the LUXBURG BANK BOND offers a flexible investment scale for a grand variety of investment purposes. (Shutterstock)
August 13th, 2018 - 10:20 GMT

Luxburg Carolath Holding AG Issues a One Hundred Million Euro Bank Bond Through Bendura Bank, Liechtenstein

The issuance of residence visa depends on the discretion of the DNRD. (Shutterstock)
August 13th, 2018 - 10:16 GMT

The Procedure to Get Residence Visa for Your Parents in UAE

In 2017, exports and re-exports from the United Arab Emirates to Iran totalled $17 billion as most of that products passed through Dubai. (Shutterstock)
August 13th, 2018 - 10:09 GMT

Video: US Sanctions on Iran Affects Its Trade With UAE

Qatar stocks led losses across the Gulf on Sunday as the Turkish currency crisis unsettled investors. (AFP)
August 13th, 2018 - 09:51 GMT

Qatar Shares Slump Due to Turkey’s Currency Plummet

The growth of overall employment in the private sector decelerated to 1.2 per cent in 2017 from an average of 8.5 per cent in the previous two years. (Shutterstock)
August 13th, 2018 - 08:54 GMT

Report: Omani Employment Increases 7 Percent in Private Sector

Firms not complying with the provisions of the labour law will be suspended from accessing ministry services for a year. (Times of Oman)
August 13th, 2018 - 08:28 GMT

New Regulations to Protect Expat Workers' Rights in Oman

Middle Eastern carriers posted an 11.0% demand increase in June compared to the same month last year. (Shutterstock)
August 13th, 2018 - 08:11 GMT

IATA: 7.8 Percent Increase in Demand in 2018

The UAE's new reforms will be focused on professions and industries that meet the country's strategic needs. (Shutterstock)
August 13th, 2018 - 08:00 GMT

These Professions Are Eligible for the 10-Year Visa in UAE

Turkey's President Recep Tayyip Erdoga. (AFP)
August 13th, 2018 - 07:48 GMT

Erdogan: Turkey to Turn to New Markets in Response to Trump's Threats

Businesswoman Shaikha Noora bint Khalifa Al Khalifa says she has been reporting more than 20 fake accounts on Facebook and Instagram every day. (Twitter)
August 13th, 2018 - 07:41 GMT

350 Royal Con Scheme Social Media Accounts Shut Down in Bahrain

The use of credit cards issued by Jordanian banks has risen by 24 per cent. (Shutterstock)
August 13th, 2018 - 07:31 GMT

E-Payments Increases 26 Percent in Jordan

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