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Main headlines

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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 pound hit a record low against the dollar on Tuesday
April 24th, 2013 - 08:44 GMT

Egyptian pound hits record low against the dollar

Apple has reported its first fall in profits for a decade
April 24th, 2013 - 07:44 GMT

First fall in ten years for Apple profits

Egypt is set to submit its draft budget proposals to the Shura Council
April 24th, 2013 - 07:36 GMT

Egypt to submit budget proposals

Fuel prices in Jordan are set to drop
April 24th, 2013 - 07:04 GMT

Fuel prices in Jordan to drop

The majority of Dubai residents are concerned about increasing living costs
April 23rd, 2013 - 12:27 GMT

Cost of living worries Dubai's residents

Orascom's share on the Egyptian stock market were suspended on Tuesday
April 23rd, 2013 - 11:58 GMT

Shares in Orascom suspended over tax dispute

The EU is negotiating with Morocco over a new trade agreement
April 23rd, 2013 - 11:46 GMT

EU and Morocco begin trade talks

The EU has eased its sanctions on Syria in an effort to boost the rebels
April 23rd, 2013 - 10:52 GMT

EU lifts Syria oil embargo

Egypt has awarded gas exploration deals for the Nile Delta region
April 23rd, 2013 - 10:18 GMT

Egypt awards gas exploration contracts

Bahrain's economy 'to grow 4.5 per cent this year'
April 23rd, 2013 - 09:17 GMT

Despite protests, Bahrain's economy 'to grow 4.5 per cent this year'

Iran is owed billions in oil revenues which customers who have been unable to pay because of sanctions imposed on the Islamic republic
April 23rd, 2013 - 08:53 GMT

Iran is owed billions in oil revenues

A major internet blackout hit businesses in Jordan's capital Amman on Monday
April 23rd, 2013 - 08:21 GMT

Major internet blackout hits Amman and disrupts business

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