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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 3rd, 2014 - 08:01 GMT

Top Dubai developer Majid Al Futtaim has big plans for Oman with a $70 million retail expansion project underway

Al Bawaba
September 3rd, 2014 - 07:37 GMT

Siemens hands over power plant in Abu Dhabi to begin commercial operations

More than 61,000 Turkish nationals have traveled to Mecca this year to perform the hajj, a ritual compulsory for all Muslims who are physically and financially able to make the journey.
September 3rd, 2014 - 03:55 GMT

No place for secularism here: Turkey to spend $1.1 billion on religious-based tourism in 2014

Lebanon's economy is expected to grow 1.5 to 2 per cent and inflation is not expected to exceed 4 per cent in the year 2014, despite the fall-out from the war in neighbouring Syria,
September 3rd, 2014 - 03:55 GMT

The worse is over? Lebanese economy expected to grow despite the ongoing Syrian crisis

Al Bawaba
September 2nd, 2014 - 11:29 GMT

Emirates airline adds two new European destinations to the list

Al Bawaba
September 2nd, 2014 - 11:03 GMT

Getting bigger: Emirates NBD plans to expand in Saudi

Al Bawaba
September 2nd, 2014 - 10:39 GMT

Tech giant Siemens wins contracts with Saudi firm

Al Bawaba
September 2nd, 2014 - 10:03 GMT

UAE corporate earnings go through the roof by $8 billion in H1

Al Bawaba
September 2nd, 2014 - 08:09 GMT

Big time developer Nakheel opens first community retail mall in Dubai

Al Bawaba
September 2nd, 2014 - 07:42 GMT

Dubai residential property prices up by 34 percent

The new iPhone will simplify mobile payment by including a special communication chip, along with a fingerprint recognition reader that debuted on the most recent iPhone,
September 2nd, 2014 - 04:56 GMT

Upcoming iphone 6 to be a 'mobile wallet'

The statement added that regardless of ownership, whether it is the husband, wife or minors, the property will be taxed.
September 2nd, 2014 - 04:50 GMT

A new scheme: Egypt introduces property tax exemption

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