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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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Euro Disney has a debt of about 1.7 billion euros
October 17th, 2014 - 12:44 GMT

A soft spot for Disney princesses? Prince Al-Walid Bin Talal to help bailout Euro Disney

This is the fourth time (2008, 2009, 2010 and 2013), that Generation’s annual report has seen the airport operator nudge ahead to first place position.
October 17th, 2014 - 12:24 GMT

A grand accomplishment: Dubai Duty Free regains No.1 spot for the fourth time

Al Bawaba
October 17th, 2014 - 12:11 GMT

600 hotel rooms booked: Egypt chooses partners for economic summit conference

Al Bawaba
October 16th, 2014 - 11:52 GMT

Time to catch up to its neighbours: $145 billion worth of projects underway in Oman

The majority of these children were Egyptians, Syrians, Burmese and from the African continent.
October 16th, 2014 - 11:46 GMT

Stay-at-home kids? 30,000 expat children unable to enroll in Saudi schools

 The slump represented a wipe-off in market value of about $255 billion for European stocks listed on the broad STOXX Europe 600 index
October 16th, 2014 - 11:41 GMT

The new recession? European stocks suffer biggest one-day slide since 2011

"Nevertheless, further oil price drops would likely be needed for supply to take a hit — or for demand growth to get a lift," the agency said in its October report.
October 16th, 2014 - 03:55 GMT

A free fall? IEA cuts oil demand outlook, says prices could fall further for THIRD time this month

Al Bawaba
October 15th, 2014 - 11:15 GMT

Damac joins forces with Paramount Hotels to expand luxury projects across MENA

Al Bawaba
October 15th, 2014 - 11:04 GMT

Leading UAE firm Amanat Holdings looking to invest in GCC projects

Al Bawaba
October 15th, 2014 - 10:34 GMT

Work to begin on new $381 million UAE city

Al Bawaba
October 15th, 2014 - 09:57 GMT

Technologic! UAE’s IT market expected to grow by 8.5 percent

Al Bawaba
October 14th, 2014 - 02:07 GMT

Kuwait to award $38 billion worth of contracts by 2015

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