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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 10th, 2015 - 06:00 GMT

All aboard the pilgrimage express: $1.8B Mashaer Railway completed

Al Bawaba
September 9th, 2015 - 05:39 GMT

Egyptian steel tycoon Ahmed Ezz banned from entering parliamentary elections

Al Bawaba
September 9th, 2015 - 05:25 GMT

Tourism in Israel rebounds to numbers before Gaza war

Al Bawaba
September 9th, 2015 - 04:42 GMT

Firms fulfilling Saudi quotas to benefit from fast-track work visas

Halal meat available at a French Carrefour supermarket. (AFP/File)
September 9th, 2015 - 04:04 GMT

World prepares for $145B halal tourism market with conference in Istanbul

Eni's offshore oil terminal is seen off the Libyan coast. (AFP/File)
September 9th, 2015 - 02:38 GMT

Eni expects investment of $6-10 billion from Egyptian gas field

Al Bawaba
September 9th, 2015 - 02:21 GMT

Jordan mulls suing promoters claiming Petra as part of Israel

An official said the Emirates is moving toward a tax regime and may consider a Value Added Tax. (AFP/File)
September 9th, 2015 - 12:49 GMT

UAE considers tax regime as it moves law on corporate tax forward

Al Bawaba
September 9th, 2015 - 12:28 GMT

Bahrain's Gulf Air plans purchase of 50 Airbus planes

Egypt's petroleum minister said the country plans to pay another $400 million by the end of the year. (File photo)
September 9th, 2015 - 12:10 GMT

Egypt plans to cut debt owed to foreign oil firms to $2.5 billion

Al Bawaba
September 9th, 2015 - 11:46 GMT

Money flow into Lebanon shrinks by one-third this year

Al Bawaba
September 9th, 2015 - 10:30 GMT

Uncluttering the skies: UAE to re-organize crowded airspace

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