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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 17th, 2015 - 07:00 GMT

Miserable Christmas for Beirut retailers as sales hit record low

Al Bawaba
December 17th, 2015 - 06:00 GMT

Baby out with the bathwater: did Kuwait Airways scrap NY-London route over Israeli discrimination case?

Al Bawaba
December 17th, 2015 - 05:09 GMT

Finance ministers of UN Security Council members meet to choke Daesh funding

Al Bawaba
December 16th, 2015 - 11:07 GMT

GCC implements new electronic system for customs duties

Al Bawaba
December 16th, 2015 - 10:20 GMT

Egyptian banks offer support to struggling tourism sector

Al Bawaba
December 16th, 2015 - 09:40 GMT

Tax rates, compliance demands in the Middle East among world's lowest as usual: report

Dubai was officially named the Expo 2020 location in November. (Al Bawaba/File)
December 16th, 2015 - 07:48 GMT

Expo 2020 team gets to work: Seventy-two contracts awarded by Expo 2020 Dubai committee

Al Bawaba
December 16th, 2015 - 02:00 GMT

Egypt: USAID grants $57M for higher education partnerships program

Al Bawaba
December 16th, 2015 - 01:01 GMT

'Visit Russia' office opens in UAE

Al Bawaba
December 16th, 2015 - 12:00 GMT

Oman to build MENA's first 'green' sebacic acid plant

Another Saudi consolate is expected to open in Erbil, according to reports. (Zawya)
December 16th, 2015 - 11:00 GMT

Saudi Arabia resumes diplomatic relations in Iraq after 25 years

Al Bawaba
December 16th, 2015 - 10:00 GMT

Cash-strapped Egypt gets a $500M loan from the African Development Bank

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