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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 17th, 2015 - 04:00 GMT

Lebanese officials scramble to pay bills after ruling to cut their electricity off

The Arab Monetary Fund said Egypt's growth declined by 3 percent in the first quarter. (AFP/File)
September 17th, 2015 - 03:46 GMT

Egypt’s economic growth slows in 2015

Al Bawaba
September 17th, 2015 - 03:36 GMT

Deal with Turkish Airlines may jumpstart tourism to Jordan's Aqaba

Al Bawaba
September 17th, 2015 - 03:07 GMT

Microsoft opens first store in Iran: state news

Al Bawaba
September 17th, 2015 - 02:43 GMT

Palestinian Authority to provide 45,000 low-income families health insurance

Al Bawaba
September 17th, 2015 - 02:14 GMT

No Turkish delight for tourism as Turkey sees fall in foreign visitors

Al Bawaba
September 17th, 2015 - 01:54 GMT

Oil price plunge will cut cash flow by 20 percent: Moody's

Al Bawaba
September 17th, 2015 - 01:25 GMT

Egypt's media gag order on Mexican killings mocked by activists

Al Bawaba
September 17th, 2015 - 12:56 GMT

EU lifts sanctions on Iranian mining firm Iralco

Al Bawaba
September 17th, 2015 - 12:31 GMT

Order backlog may hamper MENA acquisitions at Dubai Airshow: Boeing

Israel’s cabinet approved a framework that will allow the stalled development of its large offshore natural gas fields to resume. (Shutterstock)
September 17th, 2015 - 11:34 GMT

Israel's offshore gas plans will not impact Lebanon: Energy expert

Al Bawaba
September 17th, 2015 - 04:42 GMT

Ten questions answered about Tatweer Misr's $1 billion investment in Egyptian housing

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