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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
August 30th, 2015 - 02:00 GMT

Qatar issues tender for first stage of GCC rail project development

Public expenditure on the Aqaba development program between is expected to cost $162.6 million. (File photo)
August 30th, 2015 - 01:00 GMT

Jordan expected to spend over $160 million on Aqaba development projects

Credit growth is expected to remain largely unchanged for 2015, according to Standard & Poor's analysts. (File photo)
August 30th, 2015 - 01:00 GMT

Oil price slump hits Islamic financial services

Al Bawaba
August 30th, 2015 - 12:44 GMT

Fire at Saudi Aramco complex claims 11 lives, injures over 200

Al Bawaba
August 30th, 2015 - 12:00 GMT

Partners in crime? Boeing, Saudi companies create joint venture to repair helicopters

Al Bawaba
August 30th, 2015 - 11:31 GMT

Ports firm DP World reports 22 percent jump in profits

Al Bawaba
August 30th, 2015 - 11:00 GMT

Jordan goes green with electric cars expected to hit the streets in two years

A report found EgyptAir had accumulated billions in losses in the past three years. (AFP/File)
August 30th, 2015 - 10:32 GMT

EgyptAir chairman sacked over ‘mismanagement’

Arab unemployment is due to cultural and social factors, as well as economic ones. (File photo)
August 30th, 2015 - 10:23 GMT

Why are 94,340 skilled Arabs unemployed by choice?

Al Bawaba
August 30th, 2015 - 08:30 GMT

US industrial union votes to support BDS

Al Bawaba
August 30th, 2015 - 05:49 GMT

Jordan’s exporters hope for imminent Iraqi border opening

Enhanced due diligence has been a feature of modern regional banking, especially in combating terrorism financing. (Saida Online)
August 30th, 2015 - 04:00 GMT

Bank compliance: It costs to do it right

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