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BUSINESS

BUSINESS latest

Venezuela banks $300M from first U.S. brokered oil sale
January 21st, 2026 - 10:03 GMT
Dr. Mansour Al-Maswari

Mansour Al-Maswari

Venezuela banks $300M from first U.S. brokered oil sale

ALBAWABA- Venezuela has received $300 million in oil revenue from a U.S. facilitated crude sale, interim president Delcy Rodríguez announced on Tuesday, marking the first funds to flow under an oil agreement arranged after the kidnapping of President Nicolás Maduro earlier this month. Rodríguez said the funds, part of an expected $500 million in proceeds from U.S. sales of Venezuelan crude, will be channeled into the foreign exchange market through national ...
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H&M sues fast-fashion retailer Shein for intellectual property rights violation in Hong Kong
July 26th, 2023 - 10:29 GMT

H&M sues Shein for intellectual property rights violation

Apple's rare sneakers from the 90s hit auction
July 26th, 2023 - 10:20 GMT

Apple's rare sneakers from 90s hit auction

Traders eye commodity currencies on higher US interest rates
July 26th, 2023 - 10:18 GMT

Traders eye commodity currencies on higher US interest rates

Twitter undergoes major rebranding switching official handle to @X
July 26th, 2023 - 09:59 GMT

Twitter undergoes major rebranding switching official handle to @X

Oman Oil Marketing Company Establishes Electrical Vehicles One (Evo) To Boost National Ev Infrastructure
July 26th, 2023 - 09:53 GMT

Oman Oil Marketing Company Establishes Electrical Vehicles One (Evo) To Boost National Ev Infrastructure

Wego and IHG Hotels & Resorts Ink Global Partnership
July 26th, 2023 - 09:47 GMT

Wego and IHG Hotels & Resorts Ink Global Partnership

Gartner Says Worldwide IaaS Public Cloud Services Revenue Grew 30% in 2022, Exceeding $100 Billion for the First Time
July 26th, 2023 - 09:21 GMT

Gartner Says Worldwide IaaS Public Cloud Services Revenue Grew 30% in 2022, Exceeding $100 Billion for the First Time

Dubai International Chamber places local businesses on fast track to international growth with launch of Global Expansion Series
July 26th, 2023 - 09:18 GMT

Dubai International Chamber places local businesses on fast track to international growth with launch of Global Expansion Series

From streetcar to racecar: How the Chevrolet Corvette Z06 drive modes transform the vehicle
July 26th, 2023 - 09:13 GMT

From streetcar to racecar: How the Chevrolet Corvette Z06 drive modes transform the vehicle

KIB continues to support SMEs with Mubader Account, Center and App
July 26th, 2023 - 09:08 GMT

KIB continues to support SMEs with Mubader Account, Center and App

Stocks dip on Fed expectation to up US interest rates
July 26th, 2023 - 09:00 GMT

Stocks dip on Fed expectation to up US interest rates

HUAWEI MatePad Air: The Light, Powerful, and Versatile Tablet
July 26th, 2023 - 08:15 GMT

HUAWEI MatePad Air: The Light, Powerful, and Versatile Tablet

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