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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 UAE's economy is expected to grow by four per cent, according to the Minister for Economy
April 25th, 2013 - 11:11 GMT

UAE GDP to grow above four per cent - minister

Negotiations between Qatar and Egypt over a $3 billion are on going, according to reports
April 25th, 2013 - 09:51 GMT

Qatar's loan to Egypt still under discussion

Saudi projects in Egypt are stalling, according to a planning minister
April 25th, 2013 - 09:40 GMT

Saudi Arabian projects in Egypt have stalled - planning minister

90 per cent of Syrian workers in Jordan's northern region are working illegally, according to the labour department
April 25th, 2013 - 08:54 GMT

Most Syrians in Mafraq, Jordan, work illegally

Vodafone Egypt is reportedly struggling with imports due to a lack of foreign currency
April 25th, 2013 - 07:51 GMT

Vodafone Egypt facing foreign currency shortages

Jordanians are head to gold as it is seen as a safe haven
April 25th, 2013 - 07:29 GMT

Jordanians going for gold

Iran considers the logical price of crude to be around $100 to $120 a barrel
April 24th, 2013 - 12:47 GMT

Iran in talks with OPEC members to maintain oil price around $100

Egyptian's long-running IMF saga continues to rumble on
April 24th, 2013 - 12:19 GMT

Egypt's IMF saga rumbles on

Bahrain academic staff have been granted substantial pay rises
April 24th, 2013 - 11:50 GMT

Pay rises on the cards for Bahraini academics

Oil prices will dip as demand weakens coupled with increased output, experts predict
April 24th, 2013 - 11:27 GMT

Excess supply to hit oil prices in next 5 years

The European Union  are to contribute  to the Palestinian Authority's 'Private Sector Reconstruction in Gaza' (PSRG)
April 24th, 2013 - 11:21 GMT

EU to fund Palestinian private sector push

The Jordan Telecom group has said that all internet services in Amman have been restored following a major blackout
April 24th, 2013 - 09:46 GMT

All internet services restored in Amman

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