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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
October 27th, 2015 - 05:44 GMT

Jordan's fuel prices to remain unchanged in November

Al Bawaba
October 26th, 2015 - 08:44 GMT

Austal preps ship for $125M Oman Navy contract

A $4 billion expansion of the Suez Canal opened in August. (Al Bawaba/File)
October 26th, 2015 - 06:38 GMT

Suez Canal revenues fall by over $13M in September

Al Bawaba
October 26th, 2015 - 07:31 GMT

Nearly 900 Omanis lose jobs in two-month oil slump

Al Bawaba
October 26th, 2015 - 07:17 GMT

Low oil prices hit UAE oil sector as it slips 2-3 percent

The number of people who visited the Kingdom during the past year (2014) from GCC countries was 11.3 million visitors.
October 26th, 2015 - 06:45 GMT

Gulf tourists spent $6.09 billion in Saudi Arabia last year

Al Bawaba
October 26th, 2015 - 05:35 GMT

Saudia to take 19 aircraft out of service

Emirates NBD launched MePAY, a peer-to-peer payments platform. (Al Bawaba/File)
October 25th, 2015 - 08:53 GMT

UAE banks embrace cutting-edge technology to offer new mobile solutions

Al Bawaba
October 25th, 2015 - 08:07 GMT

Paying it safe: Middle East physical security market to reach $11B by 2020

Al Bawaba
October 25th, 2015 - 07:20 GMT

Egypt's Social Housing Program offers 34,491 new housing units

Emirates airlines carries more passengers than any other airline in the Middle East. (Al Bawaba/File)
October 25th, 2015 - 06:09 GMT

Emirates Group flies above Middle East competitors as region's largest airline

Al Bawaba
October 25th, 2015 - 05:49 GMT

Quality counts: MENA employers using retention to measure quality of hire

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