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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 25th, 2015 - 12:48 GMT

Mada founder and journalist arrested for allegedly harming 'Egypt's national security'

The Humanitarian Relief Foundation said it produces about 200,000 loaves of bread a day for Syrians. (AFP/File)
October 25th, 2015 - 10:23 GMT

Turkish aid agency campaigns for flour donations to Syria

Jordan's economy is expected to show down this year, cutting its growth rate from 3.1 percent to 2.5 percent. (AFP/File)
October 25th, 2015 - 10:01 GMT

Jordan’s 2016 budget expects a GDP growth of 3.7 percent

Al Bawaba
October 25th, 2015 - 08:33 GMT

Brotherhood businessman arrested after ‘plotting to smuggle foreign currency’ out of Egypt

Al Bawaba
October 25th, 2015 - 08:01 GMT

Airbnb takes off in the UAE as more visitors look for affordable stays

Al Bawaba
October 22nd, 2015 - 05:33 GMT

Smoking may kill, but it also boosts Egyptian tax revenue big time

Al Bawaba
October 22nd, 2015 - 05:20 GMT

Looking for a job? 90 percent of UAE companies are hiring

“Speeding up the work of the institutions, especially the parliament, is no longer a political luxury but it is a necessary step to be taken in a bid to preserve the image of the government in the eyes of citizens and the international community,” said Lebanon's Finance Minister Ali Hasan Khalil. (Al Bawaba/File)
October 22nd, 2015 - 04:33 GMT

Lebanon FM calls on parliament to expedite foreign loan approval

Al Bawaba
October 22nd, 2015 - 03:53 GMT

Knowledge Core Education, Prince Matab sign agreement to set up schools in Saudi

Al Bawaba
October 22nd, 2015 - 02:00 GMT

UAE businesses get VAT-ready

Al Bawaba
October 22nd, 2015 - 12:30 GMT

BP lands three new exploration blocks in Egypt's Mediterranean

The spread of conflict in the region has had effects on trade, tourism, security and investor confidence. (Enikonomia.gr)
October 22nd, 2015 - 09:42 GMT

Time to cut back: IMF warns MENA to streamline spending and broaden non-oil revenue

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