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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 9th, 2015 - 10:09 GMT

Saudi government to give 3,000 university scholarships to Syrians

Oman oil prices dropped to $36.44 on Tuesday. (Al Bawaba/File)
December 9th, 2015 - 09:45 GMT

IMF offers Oman recommendations to handle falling oil prices

Al Bawaba
December 9th, 2015 - 01:37 GMT

With exemptions, GCC VAT should cause minimal economic distortion: Deloitte

Al Bawaba
December 9th, 2015 - 01:00 GMT

Egypt suspends gas talks but Israeli firms still pursuing deals

Al Bawaba
December 9th, 2015 - 12:00 GMT

Despite anti-refugee rhetoric in the US, experts note economic contribution from Syrian immigrants

Al Bawaba
December 9th, 2015 - 11:10 GMT

Dubai's Landmark pulls Trump products off shelves

Al Bawaba
December 9th, 2015 - 10:00 GMT

Jordan denies imports of natural gas from Israel

Unlike Dubai, Abu Dhabi does not have locations where affordable housing can easily be developed. (File photo)
December 9th, 2015 - 08:40 GMT

Lack of affordable housing in Abu Dhabi remains an issue despite cooling market

Investcorp has acquired the Tower Plaza office complex in San Mateo, California, located between San Francisco and Palo Alto. (Swift RP)
December 9th, 2015 - 07:00 GMT

Bahrain's Investcorp moves further into US industrial real estate

Al Bawaba
December 9th, 2015 - 05:22 GMT

Bi-annual GCC summit kicks off in Riyadh amid tight security

Al Bawaba
December 8th, 2015 - 10:16 GMT

Dana Gas claims Kurdish government owes $11B for oil-field interference

Al Bawaba
December 8th, 2015 - 09:40 GMT

New Arab Knowledge Index hopes to benefit MENA education systems

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