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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 25th, 2015 - 06:29 GMT

Egyptian-German trade relations on the rise

Al Bawaba
November 25th, 2015 - 01:45 GMT

Egypt plans Russian weapons purchase: Russian minister

The Binladin Group has been suspended from taking on new contracts following a crane accident at Mecca's Grand Mosque in September. (AFP/File)
November 25th, 2015 - 01:10 GMT

Saudi's Binladin Group to axe 15,000 jobs

Al Bawaba
November 25th, 2015 - 12:40 GMT

Israel, Egypt sign letter of intent for Leviathan natural gas export deal

Al Bawaba
November 25th, 2015 - 12:00 GMT

Turkey, Saudi Arabia suffered most cyberattacks in MENA this year

Al Bawaba
November 25th, 2015 - 11:25 GMT

Oil up after Saudi's comments, but will OPEC change their output strategy?

Al Bawaba
November 25th, 2015 - 10:55 GMT

Mecca's Grand Mosque Mataf expansion nears completion

Al Bawaba
November 25th, 2015 - 10:26 GMT

Stock markets react as Turkey downs Russian plane

Al Bawaba
November 25th, 2015 - 07:11 GMT

Egypt's infrastructure projects get a $1.5B boost from Kuwait fund

Al Bawaba
November 25th, 2015 - 06:42 GMT

Will the British Gas deal in Cyprus mean a lucky break for Lebanon?

Fakih IVF is looking to expand within the UAE and the GCC region. (Courtesy of Godubai.com)
November 24th, 2015 - 10:18 GMT

NMC Health Signs $189.5 Million Deal to Acquire Majority Shareholding of Fakih IVF Group

Al Bawaba
November 24th, 2015 - 09:52 GMT

Glowork wins social entrepreneurship award for female career-building platform

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