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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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As of November, an estimated 100,000 tons of trash have accumulated in and around Beirut. (AFP/File)
December 28th, 2015 - 07:55 GMT

Lebanon's trash crisis: campaigners want the waste at home

Al Bawaba
December 28th, 2015 - 07:06 GMT

How has the GCC reacted to the US Fed rate hike?

Work and maintenance at that airport is necessary (Image:FIle/Photo)
December 27th, 2015 - 07:51 GMT

Saudi, Gulf nationals speed through at King Khaled International Airport

Mobile phone companies operating in South Sudan have increased charges
December 27th, 2015 - 07:42 GMT

South Sudan mobile carriers hung up on devalued currency

The economic activity is expected to improve over the next two years (Image: File/Photo)
December 27th, 2015 - 07:35 GMT

More than just oil: Kuwait's private sector expects 5 percent growth

The employer has no right to stop the worker from leaving the country
December 27th, 2015 - 07:22 GMT

Third time lucky? Qatar to have another go at labour law reforms in 2016

The projects are scheduled to be completed in 18-24 months (Image: file/photo)
December 27th, 2015 - 06:56 GMT

Jordan: A brighter 2016 with more solar energy projects on the horizon

Al Bawaba
December 27th, 2015 - 06:54 GMT

Private deposits with Oman banks up 8%

Al Bawaba
December 24th, 2015 - 02:51 GMT

Tunisian President calls for Saudi investments

Oman's corporate income tax would rise to 15 per cent. (File photo)
December 24th, 2015 - 01:03 GMT

Oman considers upping corporate income tax by 3 percent to face falling oil prices

Al Bawaba
December 24th, 2015 - 12:24 GMT

UAE, Masdar sign agreement for marine conservation, healthy aqua-farming ecosystem

Al Bawaba
December 23rd, 2015 - 11:27 GMT

Egypt's IDA approves 181 new industrial investment projects

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