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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
December 30th, 2015 - 06:56 GMT

Lebanon's economy will feel the GCC's pain

Al Bawaba
December 30th, 2015 - 05:59 GMT

A victory of sorts? Nile dam talks end with agreement on year-long technical study

Al Bawaba
December 29th, 2015 - 05:03 GMT

Jordan to issue regulations for VoIP services

Al Bawaba
December 29th, 2015 - 02:30 GMT

GCC equities drop following news of Saudi's budget deficit

Al Bawaba
December 29th, 2015 - 02:00 GMT

Despite tensions, Egypt and Russia to sign final Dabaa nuclear power plant contract

Al Bawaba
December 29th, 2015 - 01:00 GMT

Fuel up, subsidies to be slashed: Saudi braces for cost-cutting reforms

Part of the Arab Fund loan will be allocated to improve the infrastructure and tourist facilities around Petra. (File photo)
December 29th, 2015 - 12:00 GMT

Jordan gets $71M loan from Arab Fund for Petra, SMEs, weather forecasting infrastructure

The first batch of Saudi-funded French weapons arrived in Beirut in April. (AFP/Anwar Amro)
December 29th, 2015 - 11:00 GMT

Lebanon denies Saudi arms grant is stalled

Al Bawaba
December 29th, 2015 - 10:40 GMT

'Marathon' meetings between Shell-BG and Leviathan partners to finalize Israel gas export to Egypt

OPEC's last meeting in November ended without concrete plans to change the status quo. (File photo)
December 29th, 2015 - 10:00 GMT

Russia's playing the blame game over oil prices

Al Bawaba
December 29th, 2015 - 09:00 GMT

Cheap surfing: Bahrain's broadband costs down 85 percent in five years

Al Bawaba
December 29th, 2015 - 08:00 GMT

Egypt: short-lived relief for car buyers as rumored new tax to offset customs exemptions

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