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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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The Central Bank of Egypt will hold an exceptional auction to help meet import needs. (Al Bawaba/File)
December 2nd, 2015 - 10:20 GMT

Central Bank of Egypt to add dollar liquidity

Al Bawaba
December 2nd, 2015 - 09:56 GMT

Infertile Saudi families spend billions on reproductive technologies

Al Bawaba
December 2nd, 2015 - 02:25 GMT

Qatar: FIFA construction forges ahead with $45B Lusail city development, megaprojects

Islamic Development Bank in KSA. (Shairco Interior Projects)
December 2nd, 2015 - 01:30 GMT

Islamic banking assets in QISMUT top $801B out of $920B worldwide

Despite amendments to the labor laws in Qatar, Amnesty is dissatisfied with the pace of reform. (Twitter)
December 2nd, 2015 - 11:39 GMT

Amnesty International turns up the heat over 'insignificant' Qatari labor reforms

Al Bawaba
December 2nd, 2015 - 11:26 GMT

Egypt Central Bank repays $547.2M in arrears owed to foreign investors

Al Bawaba
December 2nd, 2015 - 11:10 GMT

Emirates signs new travel documentation screening agreement with German Police

Under the new plan, the number of Jordanian day workers in Eilat will increase from 150 at present to 1500. (Pixabay)
December 2nd, 2015 - 10:12 GMT

Israel's plan to expand number of Jordanian day workers at Eilat hotels on course

Al Bawaba
December 2nd, 2015 - 10:00 GMT

Saudi Aramco goes local to cut costs

Al Bawaba
December 2nd, 2015 - 08:00 GMT

Brighten up: Egypt gets a $500M EBRD boost for solar energy

Al Bawaba
December 2nd, 2015 - 07:00 GMT

Will Oman's new mining laws lure investors?

The consortium will buy 13 per cent of City Football Group, a UAE-based company that owns Manchester City, New York City Football Club, and Melbourne City Football Club. (Al Bawaba/File)
December 1st, 2015 - 11:18 GMT

Chinese consortium to invest $400M in UAE-based owner of Manchester City FC

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