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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
September 23rd, 2014 - 12:48 GMT

A plethora of trial errors and excluded evidence: Arab Bank to appeal liable verdict on supporting Hamas by New York court

Both Kuwait and Bahrain are expected to witness a major surge in the value of infrastructure projects this year, according to the report
September 23rd, 2014 - 04:55 GMT

An impending infrastructure 'explosion': GCC construction sector to hit $86 billion in 2014

 A positive response from bank customers to use their Emirates ID cards as ATM cards proves the UAE’s residents’ keenness to adopt latest technologies without any apprehension.
September 23rd, 2014 - 03:55 GMT

UAE residents can now use ID's as ATM cards

Al Bawaba
September 22nd, 2014 - 06:39 GMT

Role reversal? Egyptian firm acquires five-star hotel in Dubai

Cancellation of the tournament will have an impact on the country's economy, particularly the construction sector,
September 22nd, 2014 - 05:45 GMT

Time to cut things short: Qatar 'will not host World Cup', says FIFA official

The Current TV sale was initially resisted by distributors including Time Warner Cable and AT&T, which argued that they had contracted with Current TV and not Al Jazeera.
September 22nd, 2014 - 03:55 GMT

The other way around: Al-Jazeera countersues Algore

Al Bawaba
September 22nd, 2014 - 03:55 GMT

Dubai World to restructure $25 billion debt 'soon'

Al Bawaba
September 21st, 2014 - 07:17 GMT

Truly global: Cityscape global opened its doors in Dubai today

Al Bawaba
September 21st, 2014 - 02:31 GMT

iPhone 6 selling at $3000 and more in 'grey' market

Egypt has signed oil and gas exploration deals worth $187 million with several Western companies and a Tunisian firm to cover seven exploration areas.
September 21st, 2014 - 03:55 GMT

Exploring new possibilies: Western firms win key Egyptian oil, gas exploration deals

Qatar Petroleum (QP) and Qatar Petrochemical Company (QAPCO) signed an agreement in February 2012 to jointly develop the Al Sajeel mega-petrochemical complex in Ras Laffan
September 21st, 2014 - 03:55 GMT

Cold feet: Qatar puts multi-billion petrochemical project 'on hold'

Al Bawaba
September 21st, 2014 - 02:00 GMT

Not so fancy? Prada to open up less stores

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