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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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A deal on exports between the KRG and Iraqi central government soured over payments. (File photo)
September 8th, 2015 - 05:02 GMT

Turkey's Halkbank to process KRG oil export payments

Al Bawaba
September 8th, 2015 - 04:55 GMT

Egypt’s Ministry of Agriculture embroiled in $1M corruption case

Egypt is the world's largest importer of wheat. (AFP/File)
September 7th, 2015 - 02:16 GMT

Egypt's agricultural minister resigns, is arrested

Saudi's budget deficit has hit a record $130B this year. (Shutterstock)
September 7th, 2015 - 02:05 GMT

Streamlining Saudi: Plans to cut back, issue bonds

Al Bawaba
September 7th, 2015 - 01:41 GMT

OSN gets a $400M injection

Al Bawaba
September 7th, 2015 - 01:15 GMT

Egypt looks to sukuk to help bridge $36B deficit

Al Bawaba
September 7th, 2015 - 11:07 GMT

$20B trade potential between Iran and Iraq

Al Bawaba
September 7th, 2015 - 10:00 GMT

Gulf stocks bearish on US interest rate rise

Al Bawaba
September 7th, 2015 - 09:09 GMT

Dubai moves towards becoming a regional medical hub

Al Bawaba
September 7th, 2015 - 08:00 GMT

Telecoms firm Etisalat opens trading to foreign, institutional buyers on September 15

The Union Coordination Committee announced a strike to coincide with the September 9 protest, but it is unclear how many organizations will participate. (Zee News India)
September 7th, 2015 - 07:00 GMT

Lebanese unions mull participation in September 9 mass protest

Al Bawaba
September 7th, 2015 - 06:00 GMT

Jordan wants a bigger piece of the Chinese investment pie

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