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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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Kuwait has been ranked last in the list of best countries in the world for expatriates to live and work, based on a report titled ‘Expats Insider Survey 2014'.
December 9th, 2014 - 03:05 GMT

Surprise, surprise: Kuwait comes last in list of best countries for expats to live

According to the Egyptian Government, the upcoming phase will witness noticeable activity in investments in the transport and logistics sector.
December 9th, 2014 - 02:49 GMT

Benvenuto! Fifty Italian companies to come to Egypt

 
Egypt will be the second – after Kuwait – to sign a nuclear memorandum with Jordan.
December 9th, 2014 - 02:33 GMT

No Israel this time? Jordan, Egypt sign agreement to cooperate on nuclear energy

The increasingly important region is renowned for its discerning customers, who appreciate the unique combination of luxury and performance offered by Bentley.
December 9th, 2014 - 04:55 GMT

Thank you, Dubai police? More Bentley's to come to the Middle East

Earlier in October, Governor of the CBE Hisham Ramez announced the payment of $500m to Qatar.
December 9th, 2014 - 04:55 GMT

Repaying Qatar brings down Egypt's reserves by $1.1 billion in one month

Official figures show that more than 30 million people out of Iran's total population of 75 million use the Internet.
December 9th, 2014 - 04:55 GMT

Iran says it will 'identify' each and every web surfer

At a meeting last month, top oil exporter Saudi Arabia resisted calls from poorer members of the Organization of the Petroleum Exporting Countries to reduce production
December 8th, 2014 - 05:27 GMT

Oil prices hit new five year low

Al Bawaba
December 8th, 2014 - 05:07 GMT

I bet you thought Dubai was not oil dependent! Dubai leads losses as GCC stocks tumble

Al Bawaba
December 8th, 2014 - 04:58 GMT

Around the universe: Emirates' very own private jet flew 450 hours in 2014

Similarly, the profits dropped by 56 per cent in Q3 compared to the previous quarter when profits stood at SR143.7 million ($38.2 million), it stated.
December 8th, 2014 - 03:01 GMT

All is pegged to oil? Saudi construction firms' profit plunges 39%

The resurgence in US hiring accelerated in November and put 2014 on track to be the healthiest year for job growth since 1999.
December 8th, 2014 - 02:33 GMT

An economic comeback? US experiences highest job prospects since 1999

Soaring energy use and inadequate gas supplies have spurred the UAE to look to nuclear power to diversify its energy sources beyond
December 8th, 2014 - 01:13 GMT

A $20 billion project: UAE first nuclear reactor to come into operation in 2017

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