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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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Egypt plans to encourage the private sector to invest in clean energy technologies and make industrial facilities more energy-efficient. (Al Bawaba/File)
December 6th, 2015 - 05:01 GMT

Egypt to clean up industry with $2.3M deal for better energy-efficiency

Al Bawaba
December 6th, 2015 - 01:00 GMT

Eyeing opportunities to invest in Iran? Read this first

Al Bawaba
December 6th, 2015 - 12:00 GMT

Migrant worker issues in MENA overshadowed by European refugee crisis: report

Al Bawaba
December 6th, 2015 - 10:19 GMT

Egypt's newest parliamentarians have a head for business

Putin has accused Turkey of downing the Russia plane to protect their oil trade with Daesh. (AFP/File)
December 6th, 2015 - 09:59 GMT

Turkey to seek alternative energy suppliers as spat with Russia continues

Al Bawaba
December 6th, 2015 - 08:30 GMT

UAE remittance industry flourishes despite oil slump

Canada has a proportionally larger Muslim population than the US. (File photo)
December 6th, 2015 - 07:38 GMT

Canada poised to become regional hub for Islamic finance

Al Bawaba
December 6th, 2015 - 05:57 GMT

Emirates and Malaysia Airlines ink monumental codeshare deal

Al Bawaba
December 6th, 2015 - 05:00 GMT

Keep on pumpin': OPEC meeting ends with no change in output quotas

Al Bawaba
December 3rd, 2015 - 05:56 GMT

Gaseous clashes: EMG claims no knowledge of Dolphinus-Israel deal

Al Bawaba
December 3rd, 2015 - 05:16 GMT

UAE tire market rolling strong

Al Bawaba
December 3rd, 2015 - 04:59 GMT

GCC's a pretty great place to be an expat if money's on your mind

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