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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 number of registered students in 636 private schools totaled 105,680, while 63,760 students were registered in the country’s 44 international schools. (Shutterstock)
August 7th, 2018 - 10:22 GMT

Oman's Investments in Educational Sector Increase to 130 Percent

The increase in business inflows was due to the correlation between the strength of demand. (Shutterstock)
August 7th, 2018 - 09:33 GMT

Report: Remarkable Growth in Qatar's Private Sector

The real estate and business activities sector posted 3.7pc growth in Q1. (Shutterstock)
August 7th, 2018 - 09:06 GMT

Bahrain GDP Increases More Than 5 Percent Due to Higher Oil Prices

The total tender amounted to around 3.8 billion Turkish liras (nearly $734.9 million), with a 51.4 percent accepted/tendered rate.(Shutterstock)
August 7th, 2018 - 08:33 GMT

Turkish Treasury Borrows Over $370 Million From Domestic Markets


The airline added that any canceled tickets will be accepted with no cancellation charges to be applied. (Shutterstock)
August 7th, 2018 - 08:23 GMT

Saudi Arabia Suspends Flights to and From Toronto

The 100-day plan will be the start of the Turkish tourism sector's transformation. (Shutterstock)
August 7th, 2018 - 08:11 GMT

100-Day Action Plan to Boost Tourism in Turkey

Saudi Arabia’s Ministry of Media has suspended a Twitter account after it posted an infographic perceived to be offensive to Canada. (Shutterstock)
August 7th, 2018 - 08:05 GMT

Saudi Arabia Suspends Twitter Account Over Offensive Canada Post

Using gas in the industrial sector lowers operational costs between 20 and 50 per cent. (Shutterstock)
August 7th, 2018 - 07:50 GMT

Jordan to Reduce Industrial Costs by up to 50 Percent

The US president said earlier this year he would pull his country out of the 2015 deal. (Shutterstock)
August 7th, 2018 - 07:23 GMT

Trump Reimposes Economic Sanctions on Iran

None of the Saudi students will remain in Canada during the 1439H (2018) summer. (Shutterstock)
August 7th, 2018 - 06:56 GMT

More Than 8,000 Saudi Scholarship Students Leave Canada

Arif Naqvi, Founder of Abraaj Group. (AFP)
August 6th, 2018 - 11:06 GMT

Abraaj Group Considers Splitting North Africa Fund From Parent Compan

The workshop is meant to also improve transparency and counter-corruption levels, better manage risks, and stabilize the financial system, Omran said. (Shutterstock)
August 6th, 2018 - 10:40 GMT

Egypt to Cut off 50 Percent of Investors' Fees

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