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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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The tech rumour mill is rife with talk about two new Apple iPhones set to be launched within a few weeks.
August 10th, 2014 - 03:55 GMT

Here comes the new iphone 6...

Growth forecasts for seven countries in the Middle East and North Africa might be too rosy and consequently misleading according a World Bank report.
August 10th, 2014 - 03:55 GMT

World Bank declares MENA growth projections 'too rosy'

Al Bawaba
August 8th, 2014 - 07:30 GMT

Business marries politics: Mubarak-era Egyptian steel tycoon released on bail

Hidden, or indirect, taxes for goods including food, gasoline, cars and cellular phones in Turkey have reached record-breaking levels based on European standards,
August 8th, 2014 - 01:20 GMT

Turkey's hidden tax reach 'record-breaking' levels

Al Bawaba
August 7th, 2014 - 01:47 GMT

After the Expo, anything is possible: Dubai planning olympic bid in 8 years

Al Bawaba
August 7th, 2014 - 10:13 GMT

Hariri unveils $1 billion dollar grant from King Abdullah

The latest US country report on terrorism said there were increased reports in 2013 of Kuwait-based private individuals funnelling charitable donations.
August 7th, 2014 - 10:03 GMT

Kuwait clamps up on 'Islamic' charities

Al Bawaba
August 7th, 2014 - 03:55 GMT

New canal, new beginning? Egypt's stocks climb to six-year over unveiling of Suez mega project

Al Bawaba
August 6th, 2014 - 10:13 GMT

Probably not in the Arab Spring economies: Infiniti sales are up 31%

Al Bawaba
August 6th, 2014 - 11:19 GMT

Expensive Saudization: Labour Ministry asks for $4 billion in labor reforms

Al Bawaba
August 6th, 2014 - 11:02 GMT

It works: US brands feeling boycott threat over Gaza outrage

Turkey's economic growth beat expectations in the first quarter of 2014 by registering a 4.3 percent year-on-year expansion in its gross domestic product (GDP),
August 6th, 2014 - 03:55 GMT

Too moody? Moody's comes under fire ahead of Turkey rating

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