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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 22nd, 2015 - 08:04 GMT

With MENA Internet use booming, digital marketing is critical to SME success

Al Bawaba
November 22nd, 2015 - 12:32 GMT

Fun central: Dubai's booming leisure industry gearing up to welcome 45 million visitors by 2020

Al Bawaba
November 22nd, 2015 - 11:31 GMT

MENA must create 100 million jobs by 2020 to meet unemployment numbers

Al Bawaba
November 22nd, 2015 - 10:51 GMT

Lower oil prices could drain Saudi FX reserves by $18B per month: report

Al Bawaba
November 22nd, 2015 - 10:01 GMT

Oman’s credit rating downgraded to 'BBB+': S&P

Al Bawaba
November 22nd, 2015 - 08:48 GMT

Saudi Arabia's new land tax aims to break real estate investors' monopoly

Al Bawaba
November 22nd, 2015 - 06:35 GMT

EgyptAir bans transport of commodities on commercial flights: air cargo industry to suffer

Al Bawaba
November 22nd, 2015 - 06:03 GMT

And they're off, again: Renaissance Dam talks postponed amid strained Egyptian-Sudanese relations

Al Bawaba
November 22nd, 2015 - 05:48 GMT

German department store pulls Israeli settlement products off shelves

Al Bawaba
November 19th, 2015 - 10:30 GMT

Forbes chose the top 100 execs in MENA and 93 have regional HQ in the UAE

Al Bawaba
November 19th, 2015 - 09:57 GMT

Riyadh is reading in style! International architecture award crowns King Fahad National Library

Al Bawaba
November 19th, 2015 - 06:12 GMT

UAE may be favorite, but there's opportunity in markets throughout GCC

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