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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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Oil is one of Daesh's primary sources of revenue. (Al Bawaba/File)
December 8th, 2015 - 06:47 GMT

Report: Taxation, oil among Daesh's main revenue sources

Al Bawaba
December 8th, 2015 - 06:00 GMT

3M: First MENA manufacturing plant to be built in KSA

Al Bawaba
December 8th, 2015 - 04:10 GMT

Time to hunker down: 20 percent of GCC companies plan salary and benefit freezes

Al Bawaba
December 8th, 2015 - 02:56 GMT

MENA to invest $670B in renewable energy over next 25 years

Al Bawaba
December 8th, 2015 - 11:55 GMT

Cairo's metro renovation gets a $109M boost from EBRD

Al Bawaba
December 8th, 2015 - 11:11 GMT

Saudi nationals dominate in only ten percent of private sector jobs

Al Bawaba
December 8th, 2015 - 09:48 GMT

Lebanon's telecoms giants await ministry decision on tender

Al Bawaba
December 8th, 2015 - 08:30 GMT

Russia's Metrojet owners want compensation from Egypt over Sinai crash

Al Bawaba
December 8th, 2015 - 07:30 GMT

A method to their madness? Oil prices sink after OPEC meeting

Al Bawaba
December 8th, 2015 - 07:06 GMT

MENA banks arrange $250M loan to Banque Misr

Lockheed Martin is one of the top arms manufacturers. (Al Bawaba/File)
December 7th, 2015 - 10:31 GMT

As MENA conflicts drive weapons demand, US manufacturers expand operations to keep up

Al Bawaba
December 7th, 2015 - 07:47 GMT

GCC meeting leads to progress toward VAT agreement

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