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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 is planning a raft of measures to deal with a fuel crisis in the country
March 14th, 2013 - 01:36 GMT

Egypt plans measures to deal with fuel crisis

Qatar is planning more investment in the UK
March 14th, 2013 - 12:47 GMT

Qatar in talks with UK over investment

Yemen is to spend $45 million on a digital map of the capital city, Sana'a
March 14th, 2013 - 09:53 GMT

Digital mapping in Sana'a

Sparks are flying over a programme for SMEs in Jordan
March 14th, 2013 - 09:39 GMT

Sparks fly over Jordan's SME programme

The UAE's economy will grow at four per cent, according to the Minister for Economy said on Wednesday
March 14th, 2013 - 08:42 GMT

UAE economy to grow at four per cent - minister

US wheat may find its way to Iran through a third party exporter (Getty Photo)
March 14th, 2013 - 07:09 GMT

Iran seeks to shake off sanctions and import US wheat

The head of the EBRD will visit Jordan next week
March 14th, 2013 - 07:02 GMT

EU development bank due in Jordan next week

Egypt and India have agreed to boost mutual trade to $8 billion per year by 2015.
March 14th, 2013 - 03:10 GMT

Egypt and India to boost trade

Sanctions against Iran appear to be working as refineries in India look elsewhere for oil, a market analyst said
March 13th, 2013 - 01:56 GMT

Iran's oil customers feeling squeezed as sanctions take hold

 Denmark's Maersk – the world's largest container shipping company has chosen the Suez Canal over its Panamanian counterpart
March 13th, 2013 - 11:57 GMT

Maersk choose Suez over Panama

Iran has reportedly blocked so-called 'VPN' access to Google and a host of other popular websites
March 13th, 2013 - 11:26 GMT

Iran blocks VPN access to Gmail

Trade between Jordan and Syria has come to a standstill against the backdrop of escalating violence in southern Syria (Image Jordan Times)
March 13th, 2013 - 11:25 GMT

Violence in Syria chokes off imports from Jordan

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