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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 27th, 2015 - 05:19 GMT

Kurdish militants funded by drug trafficking: Turkish official

Al Bawaba
August 27th, 2015 - 05:03 GMT

US court allows Iran bank to be sued by families of 'terror' victims for $17 million

Al Bawaba
August 27th, 2015 - 04:25 GMT

Hezbollah boycott didn’t stop Lebanon’s Cabinet from approving public sector wages

Al Bawaba
August 27th, 2015 - 03:47 GMT

Russia to establish industrial zone for Suez Canal in Egypt

Al Bawaba
August 27th, 2015 - 02:40 GMT

Palestinian Authority denies claims of plans to build $13 million presidential palace

Egypt had previously banned the rice export years ago and said the good needed to be saved for local consumption. (AFP/File)
August 27th, 2015 - 01:45 GMT

Egypt is banning rice exports starting in September

Al Bawaba
August 27th, 2015 - 01:33 GMT

Palestinians fear job layoffs as UNRWA continues to face financial crisis

Al Bawaba
August 27th, 2015 - 12:25 GMT

Kurds to support oil companies in Iraq with regular payments

Al Bawaba
August 27th, 2015 - 11:41 GMT

The Maldives look to Gulf tourists as euro depreciates

Al Bawaba
August 27th, 2015 - 11:27 GMT

The rise and fall of Emirati fuel prices: UAE to cut petrol prices in September

Al Bawaba
August 27th, 2015 - 10:30 GMT

Qatar Airways backs down over controversial labor practices

Al Bawaba
August 27th, 2015 - 10:00 GMT

Tightening the purse strings: Saudi Arabia mulls 10 percent budget cuts

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