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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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Egypt's first no-alcohol hotel was opened in the touristic city of Hurghada on Saturday
April 28th, 2013 - 12:01 GMT

No haram here? Egypt opens first alcohol-free hotel in Hurghada

Boeing's 787 Dreamliner has re-entered commercial operations, to the relief of airlines across the MENA region
April 28th, 2013 - 11:51 GMT

Dreamliner cleared for take-off

Iraq has suspended ten satellite television channels for allegedly  "encouraging violence and sectarianism" after a wave of violence left hundreds dead (Getty)
April 28th, 2013 - 11:41 GMT

Iraq suspends satellite channels for "encouraging violence and sectarianism"

The price of Kuwaiti crude oil jumped to almost $100 a barrel in weekend trading.
April 28th, 2013 - 09:25 GMT

Kuwaiti crude just misses $100 a barrel mark

Lebanon's energy ministry has refused to comment a dip in power ship output
April 28th, 2013 - 08:47 GMT

No word yet from Lebanon's energy ministry on power-ship failures

Jordan's Prime Minister has said that no decision on increasing electricity prices will be taken without consulting the country's lower house
April 28th, 2013 - 08:29 GMT

Jordan's PM offers electricity price consultation with MPs

Lebanon's tourism ministry has denied that the appointment of Tammam Salam as prime minister has boosted tourism
April 28th, 2013 - 08:26 GMT

Lebanon's tourism ministry denies Salam-related boost

Arab Bank has said that a New york court has rejected some claims that it provided funding  to terrorist organisations
April 28th, 2013 - 02:51 GMT

US court rejects Arab Bank terrorist funding claims

the Turkish operator of the power ship hired by Lebanon has cut its electricity production because of poor quality diesel
April 25th, 2013 - 12:49 GMT

Lebanon power ship failure caused by poor quality fuel - sources

Egypt will seek bigger share in oil and gas projects run by foreign companies
April 25th, 2013 - 12:28 GMT

Egypt wants bigger share in future oil and gas deals - minister

The IMF has warned Sudan to use its new oil money wisely
April 25th, 2013 - 12:10 GMT

Use oil money wisely - IMF to Sudan

Qatar has predicted it will need half a million extra workers for upcoming development projects, including the World Cup
April 25th, 2013 - 11:12 GMT

‘Qatar will need over half-a-million workers’ - Labour minister

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