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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 18th, 2016 - 02:30 GMT

Only fools rush in: Remaining sanctions, structural issues still hamper investment in Iran

Phase one of the development includes apartments, a 190,000sqm shopping complex and two luxury hotels. (Eagle Hills)
January 18th, 2016 - 02:00 GMT

Marassi Al Bahrain $3B mega development slated for completion in 2018

Al Bawaba
January 18th, 2016 - 01:30 GMT

A right MENA mess: urban waste to double in volume by 2025

Al Bawaba
January 18th, 2016 - 01:00 GMT

Saudi-Mexican ties strengthened with nine new cooperation agreements

Al Bawaba
January 18th, 2016 - 12:00 GMT

Egypt to receive $1.5B loan from China

Al Bawaba
January 18th, 2016 - 11:30 GMT

Etihad Rail to restructure and cull a third of workforce

Al Bawaba
January 18th, 2016 - 11:00 GMT

Lebanon: Financial cybercrimes doubled in 2015

Al Bawaba
January 18th, 2016 - 10:00 GMT

Tough year ahead: GCC contracts' value to plummet by 15 per cent

Al Bawaba
January 18th, 2016 - 09:00 GMT

Jordan unveils its $7.5B water management strategy

Al Bawaba
January 18th, 2016 - 08:00 GMT

Beachfront bailout: Saudi-Kuwaiti alliance set to buy Egyptian Red Sea resorts

Al Bawaba
January 18th, 2016 - 07:00 GMT

Israel reports signs of new potential offshore gas reserve

Al Bawaba
January 18th, 2016 - 06:00 GMT

Mubarak's stolen silver: Switzerland unable to return 'embezzled funds'

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