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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 7th, 2015 - 02:12 GMT

Egypt to sign $1.5B in loans from World Bank, African Development Bank

Al Bawaba
December 7th, 2015 - 11:49 GMT

Etihad-Virgin Australia alliance extended another five years

Al Bawaba
December 7th, 2015 - 11:31 GMT

Saudi families protest migrant workers' housing in residential neighborhoods

Oil, gas, banking and financial sectors havewitness a steady decline in hiring activity due to falling oil prices. (File photo)
December 7th, 2015 - 11:17 GMT

Caution is the name of the hiring game in the UAE

Al Bawaba
December 7th, 2015 - 11:04 GMT

Lebanon's annual waste management costs expected to rise to $1.5B by 2030: UN

Al Bawaba
December 7th, 2015 - 08:15 GMT

Egypt Gas to appeal against $1.7B compensation to Israel Electric over halted supplies

Al Bawaba
December 7th, 2015 - 07:00 GMT

Egypt's tobacco industry is smokin', despite tax hike

Al Bawaba
December 7th, 2015 - 06:30 GMT

Iran expects more output from Salman oil field, shared with UAE

Al Bawaba
December 7th, 2015 - 05:23 GMT

Qatar signs key contracts for migrant worker city

Al Bawaba
December 6th, 2015 - 06:22 GMT

Sukuk market forecasted to grow by 15 percent in 2016

Al Bawaba
December 6th, 2015 - 05:56 GMT

UAE e-commerce industry to reach $10B by 2018

Al Bawaba
December 6th, 2015 - 05:20 GMT

UAE has given over $47B in aid since independence

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