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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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Doha's spiral mosque, located in the Qatar Islamic Culture Center. (Shutterstock/monotoomono)
December 15th, 2015 - 05:18 GMT

State of the Arab World Economy report 2016: Diversify, tax, slash subsidies

Al Bawaba
December 14th, 2015 - 11:54 GMT

Iran looks to ban import of over 200 US-made goods

According to a United Nations report, 2,000 to 3,000 Daesh members are currently in Libya. (Al Bawaba/File)
December 14th, 2015 - 10:37 GMT

France warns of Daesh's growing mission for oil in Libya

Chinese President Xi Jinping (Al Bawaba/File)
December 14th, 2015 - 09:56 GMT

With $10B fund UAE, China look to strengthen economic partnership

The US is looking to freeze financial assets linked to Daesh, as well as blacklisting companies proven to have Daesh connections.   (AFP/File)
December 14th, 2015 - 03:08 GMT

Egypt joins forces with the US to combat Daesh funding

Al Bawaba
December 14th, 2015 - 01:06 GMT

Lebanon: Orascom denies telecoms tender withdrawal is politically motivated

Al Bawaba
December 14th, 2015 - 11:13 GMT

Dam talks: what are Egypt's options if negotiations fail?

Al Bawaba
December 14th, 2015 - 10:00 GMT

Lebanon has much to gain from climate deal, if money is spent properly

Al Bawaba
December 14th, 2015 - 09:05 GMT

Who loses out? Jordan introduces visa restrictions at Aqaba-Eilat crossing

Al Bawaba
December 14th, 2015 - 06:30 GMT

Gulf stocks take a tumble with oil at seven-year low

Al Bawaba
December 13th, 2015 - 10:50 GMT

Dubai Festival City Mall to wow customers with 'mega media' lights and water show

Al Bawaba
December 13th, 2015 - 09:58 GMT

ITIDA to support Egyptian startups with innovation centers, $20M fund

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