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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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Visa Reforms to Be Implemented in Kuwait. (Shutterstock)
August 12th, 2018 - 07:06 GMT

Visa Reforms to Be Implemented in Kuwait

British tour operators expecting an 80% increase in British tourism to Egypt by the end of this year. (Shutterstock)
August 12th, 2018 - 06:56 GMT

Projection: Egypt to Witness 80 Percent Increase in British Tourists by End of Year

mawdoo3.com, under its 2018-2019 action plan, intends to recruit 200 new employees. (mawdoo3.com)
August 12th, 2018 - 06:45 GMT

200 Employees Needed at Jordan's Largest Arabic Content Site

The plan to eliminate expatriate workers could not be implemented one time. (Shutterstock)
August 12th, 2018 - 06:29 GMT

Kuwaitization: 8,000 Kuwaitis to Replace Expats in 2018

The price of oil in the global market is highly expected to remain within the range of $70 to 75 per barrel until the end of the year. (Shutterstock)
August 10th, 2018 - 07:00 GMT

Kuwait Predicts Stagnant Oil Price Until Year End

UAE, Poland to Strengthen Economic Ties. (Shutterstock)
August 10th, 2018 - 06:00 GMT

UAE, Poland to Strengthen Economic Ties

Samples of food products are transferred to labs to ensure they are safe. (Shutterstock)
August 9th, 2018 - 11:24 GMT

Temporary Ban on East Malaysian Poultry Meat, Eggs in UAE

12 percent of the positions are occupied by expatriates. (AFP)
August 9th, 2018 - 11:18 GMT

Expats Serve 12 Percent Only in Law-Linked Jobs in Kuwait Due to Kuwaitization

Esra Sultan is set to provide three months of “free” electricity, though the conditions of its stay remain uncertain. (The Daily Star/Mohammad Azakir)
August 9th, 2018 - 10:20 GMT

Turkish Power Barge Starts Producing Electricity in Lebanon

Oman’s oil exports during July reached 24.08mn barrels, with daily average exports of 776,800 barrels. (Shutterstock)
August 9th, 2018 - 09:19 GMT

Oil Production in Oman Surpasses 30 Million Barrels in July

Turkey's natural gas trade with Iran is legitimate and in accordance with a signed contract with an expiry in 2026. (Shutterstock)
August 9th, 2018 - 09:09 GMT

Turkey, Iran Gas Trade to Continue Until 2026

There has been no response from the Canadian government as yet to the latest punitive measures taken by the Saudis. (Shutterstock)
August 9th, 2018 - 09:02 GMT

Saudi Arabia Gets Rid of Canadian Assets

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