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Shell company building
July 30th, 2026 - 09:20 GMT
P. Choiaqo

P. Choiaqo

Shell records more than double profits as war rages in the Middle East

ALBAWABA - British oil and gas company Shell has seen its profits more than double compared to the same period last year as oil prices surge amid Strait of Hormuz conflict between the U.S. and Iran. The company’s net profit hit $9.84 billion dollars in the second quarter of the year after Brent oil prices jumped from $60 a barrel in January to $114 in early May at the peak ...
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The Halal tourism sector has advanced following product investments in the UAE, the Maldives, Spain, Japan, the Philippines and Russia, and others.(AMEinfo)
February 2nd, 2016 - 09:44 GMT

Halal goes global: Tourism, food, lifestyle products are driving explosive growth

Al Bawaba
February 2nd, 2016 - 09:20 GMT

Coordinated cuts to oil output unlikely despite Venezuelan push

Annual passenger traffic at Dubai International Airport increased by 10.7 percent over last year. (Vision Dubai)
February 2nd, 2016 - 08:00 GMT

Dubai International retains title of world's busiest airport

 The state of the art centre will cover one million square feet and is expected to welcome nine million visitors when it opens. (www.dm.gov.ae)
February 2nd, 2016 - 07:30 GMT

Bookworms unite: Dubai plans the largest library in the Arab world

Al Said, the luxury yacht of Sultan Qaboos in the old port of Muttrah in Muscat. (Shutterstock/Philip Lange)
February 2nd, 2016 - 06:11 GMT

Iran to launch Islamic tourist cruise to Oman and India

Al Bawaba
February 1st, 2016 - 01:52 GMT

Russia passes on trash: who will accept Lebanon's waste exports?

Al Bawaba
February 1st, 2016 - 01:45 GMT

Bahrain's Banagas propels new $355M gas expansion

Al Bawaba
February 1st, 2016 - 01:38 GMT

Grain games: Egypt to open MENA's first agricultural commodities exchange

Saudi Telecom recently gained majority control of Viva. (Mubasher)
February 1st, 2016 - 01:04 GMT

Viva la STC: Saudi Telecom now controls more than half of Kuwait's Viva

Al Bawaba
February 1st, 2016 - 12:51 GMT

Korea's Ssangyong lands $1.6B in UAE construction contracts

Al Bawaba
February 1st, 2016 - 07:18 GMT

Unhealthy future? GCC home-care market sees massive growth in demand

Al Bawaba
February 1st, 2016 - 06:13 GMT

Conflict-zone avoidance proves a challenge for airlines

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