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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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“Inclusion of more better and firmer laws to secure money will further boost investor confidence in the market,”
August 3rd, 2014 - 06:33 GMT

A new phase? Dubai real estate 'maturing'

Investment Dar was one of several local financial firms which struggled to refinance debt in the aftermath of the global economic crisis.
August 3rd, 2014 - 05:57 GMT

Kuwait's Investment Dar ordered to pay $1.56 billion in fines

Al Bawaba
August 3rd, 2014 - 05:05 GMT

Flydubai to fly off to Iran

Part of the explanation of the rise in unemployment is that many young people have come onto the job market but have not yet succeeded in finding employment.
August 3rd, 2014 - 01:07 GMT

As highest amongst OECD countries: Israel's unemployment rates jumps to 6.3%

Foreign investors were net buyers of LE609.1 million worth of shares, however the Egyptians were net sellers with LE603.7 million.
August 3rd, 2014 - 12:50 GMT

"Bushret Khair": Egypt's stocks hit highest level in 6 years post-Eid trading

The Ministry of Finance stressed in the report that the reforms made to the 2014/2015 state budget aim to stimulate the economy, boost employment rates and support social justice.
August 3rd, 2014 - 03:55 GMT

It's never over: Egyptian government preparing new stimulus package

Apple denied creating any "back doors" for intelligence agencies.
July 31st, 2014 - 07:14 GMT

Apple employees can see your texts, photos

The consumer goods and services index hit 196.8, a 1.4 percent rise compared to last month,
July 31st, 2014 - 03:00 GMT

The best of the worst: Iran's inflation stands at 25.3%

Security alerts due to rocket attacks and frequent air raid sirens have disrupted business activity and caused a drop in industrial output and consumer spending.
July 31st, 2014 - 02:42 GMT

The tip of the iceberg: Gaza War to 'leave a dent' in the Israeli economy

Outbound tour operators told The Jordan Times the majority of bookings are for all destinations in Turkey, including Istanbul, Antalya and Marmaris.
July 31st, 2014 - 01:48 GMT

The soap opera effect? Turkey most popular vacation destination for Jordanians this Eid

The report additionally forecast that Saudi oil reserves will rise to as much as 273 billion bbls by 2017.
July 31st, 2014 - 03:55 GMT

Saudi oil output to remain high by 'historical standards'

Exchange houses recorded a significant increase in remittances from the UAE during Ramadan as expatriates sent additional money to their home countries for Eid spending.
July 31st, 2014 - 03:55 GMT

Financing Eid back home? UAE expat remittances on the rise during Ramadan

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