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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 9th, 2015 - 07:00 GMT

Subdued start to Dubai Airshow with no major orders announced

Al Bawaba
November 8th, 2015 - 09:14 GMT

Egypt to build 4,000 km of new roads in 2016

Al Bawaba
November 8th, 2015 - 08:58 GMT

How about that tasty Aussie meat! UAE imports $162M in food products from Australia each year

The InterContinental Riyadh (Al Bawaba/File)
November 8th, 2015 - 05:23 GMT

Saudi Arabia ranks among top countries for hotel development

Al Bawaba
November 8th, 2015 - 02:00 GMT

Customers and innovation are the victims of 'stifled competition': Etihad CEO

Al Bawaba
November 8th, 2015 - 01:00 GMT

Lebanon receives additional $26.8M EU grant

Al Bawaba
November 8th, 2015 - 12:00 GMT

Saudi's private schools risk subsidy cuts for failing Saudization criteria

Keeping levels of diligence high can keep regional banks competitive and accessible to international finance systems. (Shutterstock)
November 8th, 2015 - 10:00 GMT

MENA businesses expect higher spending to fight financial crime: EY

Al Bawaba
November 8th, 2015 - 08:00 GMT

Meager lift for GCC economy in 2016: Euler Hermes

Al Bawaba
November 8th, 2015 - 07:00 GMT

Bahrain lifts travel ban for indebted expats, in unprecedented amnesty

Al Bawaba
November 8th, 2015 - 06:00 GMT

Egypt's tourism ministry in crisis mode as it scrambles to save industry

The US accuses China-based Adel Mohammed Cherri and his company of procuring deadly equipment for Hezbollah. (Wikimedia Commons)
November 8th, 2015 - 05:00 GMT

Lebanese businessmen placed on US sanctions list for alleged Hezbollah links

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