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Main headlines

Main headlines latest

US President Donald Trump displays the GENIUS Act
January 16th, 2026 - 04:33 GMT
Osama Ali

Osama Ali

Who controls Venezuela's oil now? The $500 Million sale after Maduro’s arrest

ALBAWABA — The U.S. has completed its inaugural sale of Venezuelan crude oil since taking control of the nation's oil industry, a U.S. official confirmed, following the arrest of President Nicolás Maduro. The official, who requested anonymity when speaking to AFP, stated the deal was worth $500 million. The identity of the buyer remains undisclosed, and U.S. officials hinted that more oil sales might occur in the near future. Trump ...
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Resolute policy action will be necessary this year
May 22nd, 2013 - 04:00 GMT

Outlook promising, unemployment and diversifying economies still an issue in Dubai - IMF

Brent crude rose 16 cents to $104.80 a barrel
May 21st, 2013 - 10:46 GMT

Weak dollar props oil prices

The ministry will hand unskilled jobs to locals eventually
May 21st, 2013 - 09:49 GMT

Saudi increase expat fee to force unneeded labour out

The International Monetary Fund
May 21st, 2013 - 09:03 GMT

IMF again raises Egypt inflation forecast to 3-year high

Abu Dhabi Corniche
May 21st, 2013 - 05:00 GMT

Solid $80 billion pledged for Abu Dhabi development over 5 years

Dubai Electricity and Water Authority (DEWA)
May 21st, 2013 - 04:00 GMT

Dubai makes $350 million off the environment

Air Arabia
May 21st, 2013 - 04:00 GMT

Air Arabia acquires 10 Airbus A320 planes at $350 million

The road originally has seen the construction of 11 service projection lines
May 20th, 2013 - 11:40 GMT

Road expansion project in Abu Dhabi at $75 million

The logo of the Organization of the Petroleum Exporting Countries (OPEC) is seen at the headquarters building in Vienna on April 4, 2013 (ALEXANDER KLEIN/AFP/Getty Images)
May 20th, 2013 - 10:51 GMT

OPEC forecasts hike in oil demand

Non-oil GDP rose to an expected 6.7pc in 2012
May 20th, 2013 - 09:40 GMT

Real GDP grows 3.9% in Bahrain, oil sector shrink

Central Bank of Egypt
May 20th, 2013 - 09:29 GMT

Unpopular Egyptian central bank decision increases yields on treasury bills

Abu Dhabi Securities Exchange
May 20th, 2013 - 04:40 GMT

Dubai, Abu Dhabi markets indexes continue upward trend

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