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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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The role of SWFs in the global economy has only strengthened
May 9th, 2013 - 11:15 GMT

Global challenges have forced organizations around the world to evolve - KPMG

U.S. Senate minority leader Mitch McConnell (R-KY) speaks as Senate Republican leadership hold a press conference after their weekly policy luncheon in the U.S. Capitol building in Washington, DC. (Photo by Allison Shelley/Getty Images)
May 9th, 2013 - 10:42 GMT

US bill to block Iran from using its Euro reserves

STC Ventures Invests $3 Million in Jabbar's Ad Network ikoo
May 9th, 2013 - 10:26 GMT

Digital marketing company ikoo boasts new $3m investment, partnership with STC

 A petroleum refinery of Qatar Petroleum stands on October 26, 2011 near Umm Sa'id, Qatar. Qatar is ranked 16th in countries with the biggest oil reserves and 3rd in natural gas reserves. (Photo by Sean Gallup/Getty Images)
May 9th, 2013 - 09:52 GMT

Qatar Petroleum to list 4 subsidiaries worth a whopping $50 billion on Qatar Exchange

Total oil and gas revenues were down 17 per cent at Dh2.4 billion for the first quarter
May 9th, 2013 - 09:38 GMT

Abu Dhabi national energy company earns more than Dh440 million in Q1

Bahrain Development Bank
May 9th, 2013 - 09:38 GMT

Tamkeen signs Bahrain Development Bank to add BD10m to Enterprise Financing Portfolio

The lobby of one of Marriott Residences Inn
May 9th, 2013 - 06:46 GMT

Marriott to focus on extended stay segment in the region

Saraya Bandar Jissah
May 9th, 2013 - 06:41 GMT

Integrated tourism complex project will have major economic impact

A snapshot of the new website
May 9th, 2013 - 05:19 GMT

Dubai municipality launches weather information website

General View during the final day at the Cartier International Dubai Polo Challenge at the Desert Palm Hotel on February 22, 2013 in Dubai, United Arab Emirates. (Photo by Ian Gavan/Getty Images for Cartier)
May 9th, 2013 - 05:19 GMT

Dubai funnels around Dh100 billion in trade between UAE-GCC

Abdullah Al-Suweilmy with Richard Banks, director, emerging markets of Euromoney, in Riyadh. (AN photo by Ahmed Fathy)
May 9th, 2013 - 04:30 GMT

Saudi stock market might lead integration of regional exchanges

Direct foreign ownership in Saudi equities would be the next evolutionary step
May 8th, 2013 - 01:43 GMT

Saudi Arabia finalizing foreign investment framework, hoping to attract foreign funds

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