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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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The ships will replace older US-built combat ships. Image used for illustrative purposes. (Al Bawaba/File)
October 20th, 2015 - 05:31 GMT

US State approves $11.25B sale to Saudi navy

Al Bawaba
October 20th, 2015 - 05:14 GMT

Mazda, Galadari Automobiles find success in UAE auto market

Al Bawaba
October 20th, 2015 - 12:35 GMT

Tax reform or burning buffers? GCC approaches to the oil price slump

The $400M (LNG) project is expected to be operational by the first quarter of 2018. (Shutterstock)
October 20th, 2015 - 12:28 GMT

Bahrain plans $400M floating gas terminal

Al Bawaba
October 20th, 2015 - 10:36 GMT

Double devaluation for the Egyptian pound

Al Bawaba
October 20th, 2015 - 10:18 GMT

MENA board-rooms must go digital to compete: GITEX

Al Bawaba
October 20th, 2015 - 09:56 GMT

Abu Dhabi hosts World Halal Travel Summit

Al Bawaba
October 20th, 2015 - 07:55 GMT

Arab publishing industry lags behind: Shaikha Bodour

“Businessmen associations, such as the Chamber of Commerce, Association of Lebanese Industrialists and the Association of Lebanese banks, must be active in promoting sustainability,” said CSR Lebanon founder Khaled Kassar. (Al Bawaba/File)
October 19th, 2015 - 09:32 GMT

CSR Lebanon founder urges private sector to take on social responsibility initiatives

Al Bawaba
October 19th, 2015 - 08:37 GMT

Halalbooking plans $1B IPO in three years

 “I don’t think the problem is with expats driving. It’s a fact that people here don’t share cars, Omanis or expats. Most cars you see on the roads have one person or two. If you want to cut the traffic then have car pools where people can share car journeys (for free) or get a bus system in place," said one Facebook user. (Twitter)
October 19th, 2015 - 08:02 GMT

As Oman limits expat driving licenses, residents call for better public transportation

The scammers attempted a fraudulent money transfer between Saudi Aramco and India's Oil and Natural Gas Corporation. (Al Bawaba/File)
October 19th, 2015 - 07:16 GMT

Scammers fail to fool Saudi Aramco with fraud attempt

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