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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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Oman
January 13th, 2016 - 04:57 GMT

Building up to it: Construction in Oman may reach 10% of GDP by 2020

Al Bawaba
January 12th, 2016 - 02:00 GMT

Lebanon's ski season opens: high hopes on the slopes

Al Bawaba
January 12th, 2016 - 01:30 GMT

Turkish firms slated for 250 million Saudi homes deal

Al Bawaba
January 12th, 2016 - 01:00 GMT

Arabtec's $544.5M West Yas contract little consolation for embattled developer

Al Bawaba
January 12th, 2016 - 12:52 GMT

Cedrus Invest Bank eyes expansion in Lebanon

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

Egypt secures $1B Chinese loan for sanitation projects in Nile Delta

Al Bawaba
January 12th, 2016 - 11:00 GMT

More price hikes: Cost of Saudi dairy products on the moo-ve

Al Bawaba
January 12th, 2016 - 10:00 GMT

Egypt: battered tourism sector plunges Ministry of Antiquities into deeper debt

Both companies have reiterated their commitment to their investment in the regional Shaikan area. (Shutterstock)
January 12th, 2016 - 09:00 GMT

Hungary's MOL divest stake in Kurdish oil field

Al Bawaba
January 12th, 2016 - 08:09 GMT

Dubai residential property prices down in Q4

Al Bawaba
January 12th, 2016 - 07:00 GMT

UAE: Address Hotel fire fuels demand for home insurance

In addition to the EMG conflict, the gas export deal also faces hurdles within the Egyptian government. (File photo)
January 12th, 2016 - 05:45 GMT

Hot air hurdles: EMG denials put Israel gas exports to Egypt in question

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