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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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Tunis and Tripoli are keen on activating agreements and MoUs over Libya's crude oil supplies to Tunisia
April 14th, 2013 - 12:03 GMT

Tunisia seeks cheaper Libyan oil

Ratings agency Fitch saw Qatar's decision to provide Egypt with more financial aid  “as a positive sign of things to come”. (STR / AFP)
April 14th, 2013 - 11:41 GMT

Qatari aid to Egypt gets Fitch approval

The Qatar Foundation is to sign a shirt sponsorship deal with Real Madrid
April 14th, 2013 - 11:21 GMT

Qatar to sign Real Madrid sponsorship deal


 Electricite du Liban is only cutting 'undocumented' spending, according to Lebanon's Finance Ministry
April 14th, 2013 - 10:11 GMT

Electricite du Liban only cutting undocumented spending - Lebanon's Finance Ministry

A team from the IMF met opposition figures in Egypt on Saturday
April 14th, 2013 - 09:27 GMT

IMF met Egyptian opposition figures

As demand for oil eased, prices dropped
April 14th, 2013 - 08:47 GMT

Oil prices hit nine-month low

Jordan has released its second tranche of cash support as replacement for the fuel subsidy reductions.
April 14th, 2013 - 07:13 GMT

Second tranche of subsidy support released in Jordan

Lebanese trucks are being re-touted via Homs and Iran before reaching Jordan
April 14th, 2013 - 02:19 GMT

Lebanese trucks to Jordan re-routed via Homs and Iraq

Jordan is continuing its crackdown on workplaces the flout labour law
April 11th, 2013 - 01:37 GMT

Jordan continues crackdown on labour-law violators

Lebanon is planning to raise $1 billion through Eurobonds
April 11th, 2013 - 01:24 GMT

Lebanon to raise $1 billion through Eurobonds

Egypt and Libya have finalized a $2 billion loan agreement
April 11th, 2013 - 01:14 GMT

Egypt and Libya finalize $2 billion loan agreement

Passenger numbers at  Rafik Hariri International Airport in Beirut grew by 17 per cent in March
April 11th, 2013 - 10:46 GMT

Beirut airport passengers numbers take off

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