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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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Rouhani admitted the budget for the fiscal year starting in March 2015 "would be under pressure" given the big fall in oil prices in recent months
December 8th, 2014 - 12:40 GMT

Denial is unaffordable: Iran unveils revised budget based on lower oil prices

 "Israel is of course exceptional, because it had no severe economic crisis, because you listened to Stanley Fischer's advice," he said
December 8th, 2014 - 05:55 GMT

'Israel to overtake US in economic inequality,' says Obama Advisor.

Located in the incubator building at Masdar City, the centre is a reconfigurable, multi-purpose facility and will not be restricted to providing only security solutions.
December 8th, 2014 - 05:55 GMT

More like a weapons deal? US defense firm to open new 'innovation' centre in the UAE

Al Bawaba
December 7th, 2014 - 12:05 GMT

$750 billion worth of reserves not good enough? Saudi Arabia downgraded to 'stable' over oil crash

Al Bawaba
December 7th, 2014 - 05:55 GMT

The iron giant? UAE tops world in iron consumption

The Sheraton Hotel is one of the prominent landmarks in Qatar, which has hosted numerous Arab conferences and GCC summits.
December 7th, 2014 - 05:55 GMT

Qatar achieves largest and fastest restoration of a GCC summit hotel

Al Bawaba
December 7th, 2014 - 04:55 GMT

Optimistic and expecting? Iran to manufacture thearupeutic ultrasounds for the first time

The cash bid, pitched at 350 pence per share, compared with the previous 295-pence-per-share or £2.2-billion offer that was rejected last month.
December 7th, 2014 - 04:55 GMT

Owning less of London: Qatar's bid for Canary Wharf Island rejected

Oversupply could rise next year when Iraq starts to export more oil because of an agreement between Baghdad and the Kurdish regional government.
December 7th, 2014 - 04:55 GMT

Plunging once again: oil prices go below $70 thanks to Saudi move

Brent crude oil steadied around $70 a barrel on Thursday as investors searched for a stable price range after a near 40 per cent fall since June.
December 4th, 2014 - 11:44 GMT

Oil steadies at around $70 dollars, further fall still possible

Lufthansa’s loss will be to Gulf carriers’ gain with Emirates, Qatar Airways and Etihad, in tandem with partner Air Berlin, likely to scoop up traffic.
December 4th, 2014 - 10:12 GMT

Gulf flights disrupted by Lufthansa pilot strike, others to win big

Al Bawaba
December 4th, 2014 - 04:19 GMT

Very conditional help: Saudi Arabia suspends essential aid to Yemen after Houthi takeover

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