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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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Traders in the black market told Sudan Tribune they expect the dollar price to decrease to 8 SDG.
September 29th, 2014 - 12:03 GMT

Sudanese pound strengthening against US dollar on black market

The UAE’s Ministry of Health has announced a price reduction for around 422 innovative and produced drugs, as part of its initiative to stem the surging cost of medicines in the country.
September 29th, 2014 - 11:54 GMT

No profiteering off illness: UAE slashes prices of 422 drugs

Al Bawaba
September 29th, 2014 - 11:29 GMT

Just when iphone 6 stocks ran out: ex-apple CEO of Obi mobile to introduce five affordable smartphones to the Middle East

What is really alarming is the fact that currently 63 percent of Saudi students are enrolled in majors unsuitable for the needs of the labor market.
September 29th, 2014 - 03:55 GMT

So much for Saudization? Saudis studying misfit majors for the career market

As per the deal, these companies will manufacture, supply and implement a feeder line project in the capital from the water tanks to three different locations within the city.
September 28th, 2014 - 06:09 GMT

Saudi Arabia keeps things local with selection of three companies to deliver $373 million water project

Al Bawaba
September 28th, 2014 - 05:31 GMT

Going fancy was worth it after all: Jordan's new airport sees record passenger growth

Al Bawaba
September 28th, 2014 - 04:07 GMT

Ploughing through, on free army land: Arabtec says $40 billion housing project in Egypt nearly completed

“Thieves lie in wait and observe their victims upon leaving the bank until they get into their car."
September 28th, 2014 - 04:55 GMT

Abu Dhabi's bank clients warned from surprise robbings

Al Bawaba
September 28th, 2014 - 04:55 GMT

Japanese confectionary Yoku Moku grows 400% in UAE and things are about to get even sweeter

Al Bawaba
September 28th, 2014 - 04:55 GMT

Eid came early? iPhone 6 makes it to Dubai, sells out on first day

Airlines will also need to certify their planes aren't affected by transmission signals before allowing devices to be used.
September 28th, 2014 - 03:55 GMT

Any mode is 'airplane mode': phone,tables cleared for use on flights

Al Bawaba
September 25th, 2014 - 11:05 GMT

It's flexible: Iphone 6 plus can bend in your pocket

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