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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 22nd, 2015 - 07:12 GMT

Dewa receives 21 RFQs for solar park project

Al Bawaba
December 22nd, 2015 - 02:00 GMT

Up to 30,000 illegal domestic helpers in Jordan are 'invisible': study

Al Bawaba
December 22nd, 2015 - 01:30 GMT

Qatar National Bank acquires Turkish Finansbank for $2.94B

Al Bawaba
December 22nd, 2015 - 12:52 GMT

By land, air, sea: over half a million Umrah pilgrims arrive for new season

Al Bawaba
December 22nd, 2015 - 11:30 GMT

Jordan: economic inclusion of refugees requires investment partnerships

Al Bawaba
December 22nd, 2015 - 10:30 GMT

Egypt's women-only buses: 'it's not about harassment'

To combat lower revenues from falling oil prices, the government has raised the debt ceiling to and issued bonds. (Shutterstock)
December 22nd, 2015 - 08:30 GMT

Bahrain budget cuts are 'just the beginning': finance minister

Al Bawaba
December 22nd, 2015 - 08:30 GMT

Al Marjan Island woos Chinese partners to create 'Ibiza of the Middle East'

The airline serves halal food, does not serve alcohol, and there are prayers prior to departure. (Twitter)
December 22nd, 2015 - 07:30 GMT

Introducing Rayani Air, Malaysia's first Sharia-compliant airline

The project will produce energy from carbon free resources, displacing 235,000 tons of carbon dioxide emissions annually. (Shutterstock)
December 22nd, 2015 - 07:08 GMT

MENA's largest wind farm opens in Jordan

Al Bawaba
December 21st, 2015 - 09:39 GMT

UAB, Aegean close $120M credit facility

Al Bawaba
December 21st, 2015 - 09:16 GMT

Devaluation of pound necessary to promote growth in Egypt: EFG Hermes

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