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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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Prospects bright for solar power in Oman
May 8th, 2013 - 11:34 GMT

Energy Authority identifies 4 locations for large-scale solar projects in Oman

Abu Dhabi is poised to make huge yields from the location of the company’s second spaceport in the capital of the UAE
May 8th, 2013 - 11:22 GMT

Commercial space flights in UAE will enhance tourism, foreign investment

A shop in Tahrir Square is spray painted with the word Twitter after the government shut off internet access on February 4, 2011 in Cairo, Egypt. (Getty Images)
May 8th, 2013 - 11:13 GMT

Internet utilized to unlock Egypt’s untapped markets and youth potential

Construction workers in Saudi Arabia
May 8th, 2013 - 10:38 GMT

Vital SR1 bn water provision and road development projects on track

Rationalization of subsidies, particularly on fuels for non-targeted participants is needed to improve Saudi productivity
May 8th, 2013 - 10:10 GMT

Suggestion of lifting oil subsidies in Saudi Arabia surfaces during conference

Technical and financial offers for the bus network project this month had been received from six coalitions already qualified to compete for the implementation of the project
May 8th, 2013 - 06:07 GMT

Riyadh development commission reviews bids for vital monorail project

A branch of Abu Dhabi Islamic Bank in UAE
May 8th, 2013 - 05:19 GMT

ADIB profit edges up some 10 per cent in Q1 to Dh340.1m

Finance Minister Ibrahim Al-Assaf addresses the 8th Euromoney Conference in Riyadh on Tuesday. (AN photo by Ahmed Fathy)
May 8th, 2013 - 05:19 GMT

Saudi Arabia records 7% growth, while world slumps

Nasair has recorded a 20 per cent increase in passenger numbers since the beginning of the year
May 8th, 2013 - 04:30 GMT

Saudi carrier NAS Air IPO lead by Deloitte and Saudi Fransi Bank

Transgulf Investment makes OMR 2.334 profit in Q3
May 8th, 2013 - 03:30 GMT

Transgulf Investment top gainer at Muscat Securities Market

A vessel transporting Iranian oil
May 7th, 2013 - 01:08 GMT

Foreign currency exchange halts another Iranian oil project

Central Bank of Bahrain
May 7th, 2013 - 12:41 GMT

Bahrain Central Bank Treasury Bills oversubscribed by 297% this week

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