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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 website was launched head of the National Businesswomen's Forum to help gain more awareness on the event. (AFP/File)
August 23rd, 2015 - 06:40 GMT

Saudi website launched to help more participation in businesswomen's forum

Al Bawaba
August 22nd, 2015 - 07:00 GMT

Jordan's social security fund wins Qatari lawsuit, owes firm no money

The first commercial ship in Yemen in four months arrived Friday. (Wikimedia)
August 21st, 2015 - 01:05 GMT

First commercial ship since March arrives in Yemen's Aden

Al Bawaba
August 20th, 2015 - 10:20 GMT

Saudi Arabia launches 12 ‘educational’ TV channels

Al Bawaba
August 20th, 2015 - 10:01 GMT

UAE’s Etihad Airways creates more flexible airfares

Al Bawaba
August 20th, 2015 - 09:50 GMT

Lebanon’s new air cargo facility to closely inspect goods for health standards

Al Bawaba
August 20th, 2015 - 09:50 GMT

Lebanon consumer confidence still low

Al Bawaba
August 20th, 2015 - 06:35 GMT

Empty pockets in Jordan as residents’ debt rises

The agreement would allow Egypt to get Saudi oil products and pay the kingdom back within a year. (AFP/Hassan Ammar)
August 20th, 2015 - 05:10 GMT

Egypt signs $1.4 billion oil deal with Saudi Aramco

Al Bawaba
August 20th, 2015 - 03:26 GMT

US engineering company Parsons wins contract for Expo 2020 Dubai

Al Bawaba
August 20th, 2015 - 02:05 GMT

Israeli troops demand access to businesses’ private surveillance footage in West Bank

Al Bawaba
August 20th, 2015 - 12:36 GMT

Egyptian stock market drops to the lowest point in 19 months

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