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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 23rd, 2015 - 01:30 GMT

UN reiterates plea to Israel to compensate Lebanon for 2006 oil spill

Al Bawaba
December 23rd, 2015 - 01:00 GMT

Internet searches for Islamic financial products surge in MENA

Al Bawaba
December 23rd, 2015 - 11:47 GMT

Saudi bookstore joins boycott of Trump products

Al Bawaba
December 23rd, 2015 - 11:00 GMT

UN passes resolution supporting Palestinian sovereignty over natural resources

Al Bawaba
December 23rd, 2015 - 10:00 GMT

Cutting Oman's $8.3M deficit is a bitter pill to swallow

Al Bawaba
December 23rd, 2015 - 09:00 GMT

Ras Al Khaimah's public sector to go digital with Cisco Systems

A tourist passes through the security check at Sharm El Sheikh Airport. (AFP/File)
December 23rd, 2015 - 08:00 GMT

Egypt appoints UK-based Control Risks consultancy to assess airport security

Al Bawaba
December 23rd, 2015 - 07:00 GMT

As UAE mulls VAT, income expected to remain tax free

Al Bawaba
December 23rd, 2015 - 05:48 GMT

Lebanon: high times for hashish farmers, survival for Syrian refugees

Al Bawaba
December 23rd, 2015 - 04:27 GMT

Kuwait to loan Egypt $1.5B for Sinai development projects

Al Bawaba
December 22nd, 2015 - 11:18 GMT

Cross-border IPOs drop 53 per cent in 2015

Al Bawaba
December 22nd, 2015 - 11:05 GMT

LuLu Group opens first hypermarket in Egypt

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