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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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Al Bawaba
October 31st, 2014 - 11:49 GMT

The leap beyond banking: halal vaccine market to hit $1.1 billion by 2030

Al Bawaba
October 30th, 2014 - 02:24 GMT

And they said BDS is BS! Sodastream shuts down factory as profits slide

Top officials said that they are not looking at demand on a year by year basis but what happens over the longer term.
October 30th, 2014 - 01:00 GMT

As if one wasn't enough: Dubai aiming for world's tallest twin towers

The price of benchmark North Sea Brent crude has dropped more than a quarter from a high above $115 per barrel
October 29th, 2014 - 07:29 GMT

'Don't Panic' says OPEC Secretary General

The report notes that children of single-parent families are in the worst situation.
October 29th, 2014 - 07:00 GMT

Another bad policy? Israel has fourth worst child poverty rate in the Western World

Al Bawaba
October 29th, 2014 - 05:55 GMT

Not just refugees: Leading Syrian businessmen to establish center for rebuilding Syria

Al Bawaba
October 29th, 2014 - 02:08 GMT

Scapegoating or economic reality? Syrian refugees claim 91% of Jordanian private sector jobs

Brent is set to average $85 a barrel in the first quarter, down from a previous forecast of $100.
October 28th, 2014 - 05:56 GMT

A self-fulfilling prophecy? Not really. Goldman Sachs slashes oil price forecast, brings prices further down

Al Bawaba
October 28th, 2014 - 05:30 GMT

First Macy's outside the US to open in the UAE

Al Bawaba
October 28th, 2014 - 05:16 GMT

Do something! US urges Arab Banks to choke IS funding

Al Bawaba
October 28th, 2014 - 04:50 GMT

A burst bubble? IMF says Dubai risk for property market crash mildens

In launching Apple Pay, the iPhone maker hopes to lock in more customers for its mobile devices by enhancing their overall utility.
October 28th, 2014 - 01:42 GMT

Apple CEO fires back as retailers block mobile payment service

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