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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 22nd, 2015 - 08:49 GMT

Up and away: Air Arabia's new Jordanian hub plans new routes

Al Bawaba
October 21st, 2015 - 09:35 GMT

MENA governments, businesses increasingly targeted in cyber attacks

Al Bawaba
October 21st, 2015 - 08:57 GMT

Saudi summit to encourage and enhance venture capital

Al Bawaba
October 21st, 2015 - 08:18 GMT

Inflation lightens up a little in the UAE

Al Bawaba
October 21st, 2015 - 08:00 GMT

Egypt's central bank chief resigns, Tarek Amer selected as replacement

Al Bawaba
October 21st, 2015 - 02:57 GMT

Political tensions putting Lebanese hospitality sector at risk: industry leaders

Al Bawaba
October 21st, 2015 - 12:00 GMT

Qatar trumps Singapore as top asset-rich country per capita

Al Bawaba
October 21st, 2015 - 11:00 GMT

Tougher times ahead: Lebanon's Finance Minister warns public servants risk no December pay

Al Bawaba
October 21st, 2015 - 10:24 GMT

Abu Dhabi's international financial center opens

Al Bawaba
October 21st, 2015 - 07:42 GMT

Saudi Arabia: New fines for women's dress code violations spark debate

Al Bawaba
October 20th, 2015 - 10:14 GMT

Oman exports plunge by 32.6 percent

Kuwait is the only Gulf country predicted to add more than one percentage point in 2015 and 2016. (Al Bawaba/File)
October 20th, 2015 - 06:42 GMT

IMF: Gulf growth will decelerate to less than three percent in 2016

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