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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 20th, 2015 - 11:55 GMT

Egypt's optimistic: tourism revenue anticipated to grow ten percent in 2016

Al Bawaba
December 20th, 2015 - 11:32 GMT

Are budget prefabs the answer to Bahrain's housing crisis?

Al Bawaba
December 20th, 2015 - 10:10 GMT

Migrants comprise more than 35.6 percent of workforce in MENA: ILO

Al Habtoor once spoke in support of Trump as a 'breath of fresh air' among presidential candidates. (Twitter)
December 20th, 2015 - 08:19 GMT

Hit him where it hurts: Al Habtoor urges Arab investors to ditch Trump

Al Bawaba
December 20th, 2015 - 07:39 GMT

Gas pipeline talks back on as Israel and Turkey re-establish diplomatic relations

The Kimberley Process was established in 2003 to stop the trade in diamonds from conflict-strewn countries. (Twitter)
December 20th, 2015 - 07:06 GMT

UAE to chair the Kimberley Process, 'blood diamond' regulatory group

Al Bawaba
December 20th, 2015 - 06:26 GMT

Jets set: Qatar pushes through with Rafale fighter aircraft purchase

Al Bawaba
December 17th, 2015 - 01:58 GMT

Netanyahu circumvents lawmakers to push through controversial gas deal

Al Bawaba
December 17th, 2015 - 01:30 GMT

Emerging markets calm following US Fed rate hike

Al Bawaba
December 17th, 2015 - 10:59 GMT

WTO cuts first major deal on eliminating tariffs on IT products

Saudi King Salman bin Abdulaziz met with Egyptian President Abdel Fattah al-Sisi during his visit to Riyadh, on March 1, 2015. (AFP/File)
December 17th, 2015 - 09:31 GMT

Saudi Arabia pledges $8B in aid and investment to Egypt

Al Bawaba
December 17th, 2015 - 08:00 GMT

World Bank touts economic inclusion 'enterprise zones' for Syrian refugees in Jordan

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