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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 14th, 2015 - 07:02 GMT

Yemen's Marib Governate to withhold oil revenues from Houthis

Dr. Siddiqi suggested a ban on smoking shisha in public sector buildings. (Al Bawaba/File)
October 14th, 2015 - 06:24 GMT

Experts call for a 'bad choices' tax on tobacco to improve MENA health

Kuwait plans to build a new refinery near the Saudi border. (Shutterstock)
October 14th, 2015 - 05:56 GMT

Kuwait signs $13.2B contracts for new oil refinery

Al Bawaba
October 14th, 2015 - 05:30 GMT

More workers than jobs in Egyptian agriculture

Al Bawaba
October 14th, 2015 - 02:00 GMT

Favorable outlook for GCC insurance industry with growth forecast at $62.1B by 2020

Al Bawaba
October 14th, 2015 - 01:00 GMT

Iraq: Petrofac lands multi-million dollar training contract with Shell

French Prime Minister Manuel Valls (L) and Saudi Defence Minister Mohammed bin Salman (R) arrive for a meeting in Riyadh on October 13, 2015. (AFP/ Kenzo Tribouillard)
October 14th, 2015 - 12:05 GMT

Saudi Arabia signs $11.4B in deals with France

Al Bawaba
October 14th, 2015 - 11:24 GMT

US chain 7-Eleven opens first store in Dubai, expansion planned

Al Bawaba
October 14th, 2015 - 08:41 GMT

GCC banks under pressure to improve digital services: report

Al Bawaba
October 13th, 2015 - 07:33 GMT

New Iraqi airline FlyBaghdad wants to land in Dubai, Europe

Fransabank Group President Adnan Kassar emphasized Lebanon's unique cultural and historical sites. He said he hopes the initiative will "attract the most important tourists in the world, the Chinese." (Al Bawaba/File)
October 13th, 2015 - 07:06 GMT

Lebanon says 'ahlan wa sahlan' to Chinese tourists

The loan will be used to improve the efficiency of Jordan's water and energy sectors. (Al Bawaba/File)
October 13th, 2015 - 06:46 GMT

World Bank grants Jordan $250M soft loan

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