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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 14th, 2014 - 01:24 GMT

Israeli shekel continues to weaken to no avail

Al Bawaba
October 14th, 2014 - 01:04 GMT

Panic over? Saudi, Dubai stock markets in the lead after tumble

Al Bawaba
October 14th, 2014 - 01:03 GMT

All about social services: UAE cabinet approves $13 billion budget for 2015

Egypt’s real GDP in FY 2013/2014 reached 2.2 percent, almost the same as in the preceding fiscal year.
October 14th, 2014 - 12:47 GMT

Accumulating optimism: Egypt GDP to grow 6% by 2018

Al Bawaba
October 14th, 2014 - 12:15 GMT

GCC ministers meet in Kuwait to discuss boosting tourism sector

Al Bawaba
October 14th, 2014 - 11:36 GMT

Etihad Airways revenues sky rocket by $1.8 billion in Q3

The Central Bank chief also explained that he requested the IMF send a delegation to Lebanon "to evaluate the cost borne by the country as a result of receiving displaced Syrians."
October 13th, 2014 - 11:14 GMT

You have our blessings: IMF 'satisfied' with Lebanon's economic performance

Bourses in the region posted their biggest losses in years on Sunday as global markets' decline at the end of last week served as a trigger for aggressive profit-taking.
October 13th, 2014 - 10:53 GMT

The panic attack has passed: ME stock markets rebound from global sell-off

Eligible patients can call Abu Dhabi Telemedicine Centre’s UAE toll free number 800-4959 any time of the day or night for a teleconsultation.
October 13th, 2014 - 09:24 GMT

24/7 healthcare phoneline comes to UAE

Kuwaiti logistics firm Agility said on Monday that a wholly owned unit had won an $82.5 million contract from Britain’s Ministry of Defence.
October 13th, 2014 - 12:16 GMT

Kuwait's agility wins British military contract

Saudi Arabia has privately told oil market participants it can accept oil prices between $80 and $90 a barrel, sources briefed by OPEC’s biggest producer have told Reuters.
October 13th, 2014 - 11:59 GMT

The $100 dollar days seem to be over: oil prices plummet to 4-year low and not even Saudi Arabia can do anything about it

In August, the capital market rose to the 9,000 points for the first time since 2008.
October 13th, 2014 - 03:55 GMT

Shedding the pounds: Egypt's stock market loses almost $2 billion

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