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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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Bahrain has signed an agreement with China that will facilitate tour operators to send large groups to Bahrain this year. (File photo)
January 31st, 2016 - 03:28 GMT

Brand Bahrain in global push to celebrate Manama, Gulf Capital of Tourism 2016

Items such as household appliances, food, plastics, and clothing will be affected by the new customs tax increase. (Wikimedia Commons)
January 31st, 2016 - 01:11 GMT

Egypt's tax on imports set to rise up to 40 percent

Al Bawaba
January 31st, 2016 - 08:34 GMT

Qatar's bourse joins UN stock exchange initiative

Al Bawaba
January 31st, 2016 - 06:46 GMT

Bahrain requires sizable fiscal adjustment: IMF

Al Bawaba
January 31st, 2016 - 06:12 GMT

Dubai invites bids for $27B green energy fund

Al Bawaba
January 28th, 2016 - 02:00 GMT

Middle East investors lured by European hotel trophy assets

Al Bawaba
January 28th, 2016 - 01:30 GMT

Saudi construction slowdown to shift trend towards renting

Al Bawaba
January 28th, 2016 - 01:00 GMT

Abu Dhabi's VPS Healthcare forms alliance with Children's Hospital of Philadelphia

Iran's Khodro Haima S7 was launched in 2015. (RealIran.org)
January 28th, 2016 - 12:00 GMT

Oman Investment Fund, Iran's Khodro sign joint venture for auto factory

Al Bawaba
January 28th, 2016 - 11:00 GMT

Saudi universities, AUB top new university rankings

Al Bawaba
January 28th, 2016 - 10:32 GMT

Dubai Islamic Bank breaks a billion dollars in profits

Syrian children in Zaatari refugee camp, Jordan. (AFP/File)
January 28th, 2016 - 10:00 GMT

Google to provide $5.3M worth of Chromebooks to NGOs working with refugees

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