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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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Lebanon has asked Iraq and Egypt to reduce transit fees as the Syrian conflict hurts its trade
April 23rd, 2013 - 07:55 GMT

Lebanon asking Iraq and Egypt to slash transit fees as Syrian conflict continues to hurt trade

Could Egypt finally sign off on a deal with the IMF?
April 22nd, 2013 - 12:29 GMT

Egypt expecting IMF deal within a month - sources

Iran is looking to try and sell oil to North Korea.
April 22nd, 2013 - 12:12 GMT

Iran looking to sell oil to North Korea

Eni, the Italian energy company, is hoping to ensure the safety of the Trans-Mediterranean gas pipeline
April 22nd, 2013 - 11:38 GMT

Eni reviews security at Tunisian facility

Twitter accounts run by American network CBS have been hacked by pro-Assad activists
April 22nd, 2013 - 11:24 GMT

Twitter accounts hacked by pro-Assad 'hacktivists'

Lebanon's public sector workers have slammed  new reforms to working practices
April 22nd, 2013 - 10:00 GMT

Lebanon's public sector worker slam salary plans

Ten UK-based Arabs, including Mohammed al-Fayed, former owner of Harrods, have a joint work of over $17.5 billion
April 22nd, 2013 - 09:09 GMT

UK-based Arabs top $17.5 billion in combined wealth

Saudi Arabia is maintaining its commitment to global oil stability, according to the Kingdom's Finance Minister
April 22nd, 2013 - 08:42 GMT

Saudi Arabia is "committed to maintaining the stability of oil market" - Minister

The IMF has revised its growth predictions for the Lebanese economy down to 2 per cent
April 22nd, 2013 - 07:40 GMT

IMF revises downwards Lebanese growth projections

Carlos Slim, the world's richest man, is planning investment in Saudi Arabia
April 22nd, 2013 - 07:16 GMT

World's Richest man plans big investment in Saudi

Egypt is set to amend its draft budget  in move to secure Egypt's $4.8 billion IMF loan
April 22nd, 2013 - 02:42 GMT

Egypt to amend draft budget in effort to woo IMF

banon successfully closed a $1.1 billion eurobond issue  on Thursday
April 21st, 2013 - 12:41 GMT

Lebanon seal $1.1 billion Eurobond deal

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