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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
September 27th, 2015 - 06:08 GMT

Madinah awaits 600,000 pilgrims

Al Bawaba
September 27th, 2015 - 05:39 GMT

Why are Jewish merchants flocking to Morocco?

Al Bawaba
September 26th, 2015 - 01:21 GMT

Gulf Petrochem puts $80M into India, East Africa expansion plans

Al Bawaba
September 25th, 2015 - 09:00 GMT

After boycott controversy, Orange invests in Israeli startup

A study showed housing costs in Dubai are the fourth highest in the world, more than double the cost in Vienna. (Pexels)
September 24th, 2015 - 02:36 GMT

Dubai rents among highest in the world

Al Bawaba
September 24th, 2015 - 12:50 GMT

US to give Lebanese army another $59 million for border security

Al Bawaba
September 24th, 2015 - 04:00 GMT

Egypt to purchase French assault ships

Al Bawaba
September 23rd, 2015 - 10:47 GMT

OPINION: Can MENA’s oil economies beat the price turmoil?

Al Bawaba
September 23rd, 2015 - 10:31 GMT

Egypt to receive 50 helicopters from Russia

Al Bawaba
September 23rd, 2015 - 09:00 GMT

Quest for healthy hajis: unfit goods confiscated

Al Bawaba
September 23rd, 2015 - 08:01 GMT

UAE: Not worth the wait? Residents beat the Eid queues and head for illegal butchers

Al Bawaba
September 23rd, 2015 - 02:22 GMT

World Bank transfers $25 million to Palestinian Authority amid budget crisis

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