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Main headlines latest

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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Credit-rating agency Moody's downgrades local-currency deposit rating of five Egyptian banks.
March 28th, 2013 - 03:45 GMT

Egyptian banks downgraded

Internet services in Egypt are being disrupted due to a damaged underwater cable
March 27th, 2013 - 12:32 GMT

Egyptian internet services disrupted due to damaged cable

The Arab Summit expressed its support for Libyan asset recovery in its final communiqué
March 27th, 2013 - 12:05 GMT

Arab Summit commits support for Libyan asset recovery

Property prices in Cairo’s two large satellite cities are booming amid wider economic turmoil and Egypt's ongoing battle with high inflation.
March 27th, 2013 - 11:49 GMT

Cairo's satellite cities house price boom amid economic uncertainty

The Lebanese Central Bank has taken the necessary measures to maintain the stability of local lenders, according to Governor Riad Salameh.
March 27th, 2013 - 10:07 GMT

Lebanon's Central Bank maintaining stability - Governor

A reintroduction of a tax on hotels in Jordan will harm the industry, the country's trade association warned on Tuesday
March 27th, 2013 - 09:39 GMT

Jordan's hotel tax will harm industry - trade association

Qatar has called for a  $1 billion fund to help Palestinians in East Jerusalem
March 27th, 2013 - 09:07 GMT

Qatar calls for $1b East Jerusalem support fund

The IMF's Middle East and North Africa director has said subsidies are not the best way to help the poor
March 27th, 2013 - 08:34 GMT

Subsidies not a sustainable way of helping the poor - IMF

Israel is set to transfer taxes to Palestine following a decision to halt payments last year (Photo for illustrative purposes)
March 27th, 2013 - 07:18 GMT

Palestine to receive frozen taxes from Israel

A truck ferry route between Jordan and Lebanon launched this week after the trade route between Syria and Lebanon was closed
March 27th, 2013 - 06:34 GMT

Lebanon - Jordan ferry route launched as Syrian land route blocked

The emir of Qatar called on more economic support for 'Arab Spring' economies at the opening of the Arab league summit
March 27th, 2013 - 03:05 GMT

Emir of Qatar urges more support for 'Arab Spring' economies

Dubai Courts
March 26th, 2013 - 12:30 GMT

Dh30m ($8m) fraud lands former Deyaar CEO behind bars

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