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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 21st, 2015 - 12:11 GMT

Saudi labor ministry cracks down on work visas during Hajj

Al Bawaba
September 20th, 2015 - 11:55 GMT

Duplicate listings costing UAE real estate industry $272 million

Al Bawaba
September 20th, 2015 - 05:09 GMT

New company to provide Lebanon's Tripoli with 24-hour electricity

Al Bawaba
September 20th, 2015 - 01:05 GMT

Telecom Egypt chairman resigns following cabinet reshuffle

Al Bawaba
September 20th, 2015 - 11:47 GMT

Middle East Airlines promises flights to transport Lebanese pilgrims to Mecca

Ironically, countries that are most threatened by a drop in birth rates such as Hungary are doing their best to keep migrants out. (AFP/File)
September 20th, 2015 - 10:38 GMT

Will migrant influx be a boon for European economies?

Al Bawaba
September 20th, 2015 - 09:49 GMT

Germany grants Jordan $33M soft loan for water resources management

Al Bawaba
September 20th, 2015 - 09:33 GMT

Fatboy alert: Harley Davidson expands in the UAE

Al Bawaba
September 20th, 2015 - 09:16 GMT

Icelandic capital backs down on full-scale Israel boycott

Al Bawaba
September 20th, 2015 - 08:47 GMT

Time for a revamp: 95 percent of Kuwait's private sector jobs filled by expats

An appeals court in the Saudi capital ruled the company responsible for a building collapse after not applying with approved standards. (AFP/Hassan Ammar)
September 17th, 2015 - 04:24 GMT

Saudi concrete company fined $133,000 for Riyadh building collapse

Al Bawaba
September 17th, 2015 - 04:10 GMT

Boeing: US action against Gulf airline carriers unlikely

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