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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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Brent November crude slipped 8 cents to settle at $98.97 a barrel, recovering from an intraday low of $98.51 on Wednesday in London.Brent November crude slipped 8 cents to settle at $98.97 a barrel, recovering from an intraday low of $98.51 on Wednesday in London.
September 19th, 2014 - 02:06 GMT

Short-term bliss? GCC economies 'resilient' despite dip in oil prices

Al Bawaba
September 19th, 2014 - 01:10 GMT

Region must 'trust itself': head of Olympic Council says Doha, Dubai capable of hosting Olympics

HealthKit gathers data such as blood pressure and weight from various health apps on Apple devices, and can be viewed by doctors at one place.
September 18th, 2014 - 01:04 GMT

Not so healthy? Apple rolls out iOS 8 to iPhone users but detective bug delays HealthKit availability

Middle East investors bought 87 per cent of the Goldman sukuk, while 11 per cent went to Europe and two per cent to Asian investors, a document from lead arrangers showed.
September 18th, 2014 - 12:57 GMT

Makes sense? Middle Eastern banks buy vast majority of Goldman Sachs' sukuks

Qatar has issued a new law to regulate charities in the Gulf state amid growing concern in the West over funding received by Islamic State militants.
September 18th, 2014 - 03:55 GMT

Acquesing: Qatar to 'regulate' charities to avoid IS funding

Etihad has forged 47 codeshare partnerships with different airlines globally, 21 in Europe alone.
September 18th, 2014 - 03:55 GMT

A European legacy of distrusting Gulf airlines? Global airlines alliance model 'fractured', says Etihad CEO

But Egypt wants long-term investments to improve the country's economy, which has been suffering ever since an uprising toppled President Hosni Mubarak in 2011.
September 18th, 2014 - 12:23 GMT

High expectations: Egypt's economy to grow 6% in the new 3 years, says finance minister

Al Bawaba
September 17th, 2014 - 04:14 GMT

On top of the world: UAE tops the world in terms of billionaire growth

Meanwhile Qatar’s emir also asserted that his country does not finance any terrorist organisations in Syria or Iraq and has never done so
September 17th, 2014 - 04:02 GMT

Angela Merkel wants her country to cooperate with Qatar over energy

The foundation work for the state-of-the-art school has begun at a cost of BD4.6 million ($12.2 million), it added.
September 17th, 2014 - 03:22 GMT

Bahrain starts work on massive school project

Al Bawaba
September 17th, 2014 - 03:11 GMT

Gaza War to end seven years of consecutive growth in Palestinian economy

Although housing prices have continued to surge throughout the year, prices have also soared, particularly in İstanbul and other major urban centers.
September 17th, 2014 - 01:49 GMT

Time to reconsider the vacation house? Istanbul housing prices up 21%

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