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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 2nd, 2015 - 06:17 GMT

GE CEO promotes company's digital initiatives in Dubai

Al Bawaba
November 2nd, 2015 - 05:33 GMT

Saudi to raise water tariff by 50 percent

Lufthansa and Air France-KLM will avoid flying over Sinai until a cause of the crash is determined. (Al Bawaba/File)
November 2nd, 2015 - 05:13 GMT

Egypt's FM calls airlines avoiding Sinai 'irresponsible'

Some Lebanese military officials had not been paid in 45 days. (Al Bawaba/File)
November 2nd, 2015 - 04:56 GMT

Lebanon to pay overdue military salaries

Emaar Properties is a global property developer based in Dubai. (AFP/File)
November 2nd, 2015 - 04:43 GMT

Prosperous properties: Emaar sees 31 percent leap in Q3 profit

Al Bawaba
November 2nd, 2015 - 02:00 GMT

Egyptian billionaire Nassef Sawiris becomes Adidas’ largest investor

Al Bawaba
November 2nd, 2015 - 01:00 GMT

UK naval base construction begins in Bahrain

Al Bawaba
November 2nd, 2015 - 12:00 GMT

NCB Capital acquires majority stake in SRMG as Saudi's Prince Alwaleed divests his shares

Al Bawaba
November 2nd, 2015 - 11:00 GMT

GCC Islamic banking to grow despite economic uncertainty: Ernst & Young

Al Bawaba
November 2nd, 2015 - 10:30 GMT

Jordan plans $3M chemical plant in Mafraq with Swedish entrepreneur

Al Bawaba
November 2nd, 2015 - 09:00 GMT

Sense of humor fail? Egyptian TV union threatens MBC with lawsuit over satirical show

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

British-Saudi ties still strong despite withdrawal of £5.9M prisons contract: British FM

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