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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
November 30th, 2015 - 04:10 GMT

Saudi telecom regulator fines service providers $147M for violations

Al Bawaba
November 30th, 2015 - 12:00 GMT

Kingdom Holding secures $2.2B to complete world’s largest tower

Al Bawaba
November 30th, 2015 - 11:00 GMT

Gulf airlines eye stake in India's low-cost carrier SpiceJet

Al Bawaba
November 30th, 2015 - 10:01 GMT

Iraq: KRG to deliver natural gas to Turkey and Europe by 2017

Al Bawaba
November 30th, 2015 - 09:22 GMT

Qatar launches probe after floods expose 'flawed projects', imposes travel ban on contractors

Al Bawaba
November 30th, 2015 - 08:26 GMT

Egypt's new Red Sea wind power station is the largest in MENA

Al Bawaba
November 30th, 2015 - 07:43 GMT

As Israel suspends ties with EU in Palestinian peace talks, German BDS activists conduct settlement label inspections

New regulations regarding the provision of services and visa allocation have been put in place for Umrah season 1437. (File photo)
November 30th, 2015 - 06:54 GMT

Saudi Arabia: record number of Umrah pilgrims expected

Al Bawaba
November 30th, 2015 - 06:38 GMT

Jordanians protest UN agencies' G4S security contracts, firm serving Israel prisons

Oil-dependent Kuwait has suffered from the 17 months of declining oil prices. (Al Bawaba/File)
November 30th, 2015 - 12:55 GMT

Kuwait replaces oil minister amidst falling prices

Al Bawaba
November 29th, 2015 - 11:51 GMT

Cyber Monday madness hits the UAE

Al Bawaba
November 29th, 2015 - 11:13 GMT

Jumeirah plans to open in five Saudi cities

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