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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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Al Bawaba
January 19th, 2016 - 02:30 GMT

World Economic Forum 2016 report: doom, gloom...and technology

Large-scale projects such as Port Sultan Qaboos Waterfront could open the market for foreign investors to gain a foothold in the Omani market. (Travel Muse)
January 19th, 2016 - 02:00 GMT

Oman's subsidy cuts have a silver lining

Al Bawaba
January 19th, 2016 - 01:00 GMT

A brand new resource battle? Giant aquifer found in Egypt

Al Bawaba
January 19th, 2016 - 12:00 GMT

Saudi mulls creation of economic cities near Jeddah, Riyadh airports

Al Bawaba
January 19th, 2016 - 11:21 GMT

Fast food, filipino style: Jollibee chain plans massive GCC expansion

Al Bawaba
January 19th, 2016 - 10:51 GMT

'Red tape is the biggest obstacle to Egypt's real estate industry': industry experts

Champs-Elysées, the main commercial hub of Zaatari refugee camp, Jordan. (UNHCR)
January 19th, 2016 - 09:55 GMT

EU proposes trade benefits for Jordan in exchange for allowing restricted refugee employment

Al Bawaba
January 19th, 2016 - 09:11 GMT

Human Rights Watch: 'West Bank settlement businesses benefit from human rights violations'

eLife TV customers in the UAE can enjoy the MENA exclusive of Outlander, MGM's Fargo and Disney's Frozen. (Starz)
January 19th, 2016 - 08:48 GMT

Etisalat's eLife TV launches partnership with Starz Play Arabia

Al Bawaba
January 19th, 2016 - 07:00 GMT

Sunny side up: MENA to seek $35B investment in 'green' energy

Al Bawaba
January 19th, 2016 - 06:00 GMT

Shell pulls out of Abu Dhabi natural gas development project

Al Bawaba
January 19th, 2016 - 05:29 GMT

The bigger fish: Misr Liban seeks to acquire another bank

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