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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 16th, 2015 - 07:12 GMT

UAE: Food follows fuel price hikes

Al Bawaba
August 16th, 2015 - 05:32 GMT

Arab Bank reaches US settlement in Hamas-links case

Al Bawaba
August 15th, 2015 - 07:00 GMT

Lebanon approves $21 million support for sea exports

Al Bawaba
August 14th, 2015 - 07:00 GMT

Suez Canal will have limited positive effects on Egypt: Moody’s

Al Bawaba
August 13th, 2015 - 06:55 GMT

From Dubai to Panama: Emirates to operate the world’s longest commercial flight

Al Bawaba
August 13th, 2015 - 06:50 GMT

Samsung releases Galaxy S6 Edge+

Al Bawaba
August 13th, 2015 - 06:39 GMT

First MENA woman enters LinkedIn’s Global Influencer Program

A survey conducted by the Pew Research Center found the majority of Lebanese consider the current economic situation "very bad." (AFP/File)
August 13th, 2015 - 06:19 GMT

Pew survey says most Lebanese consider country’s economic situation ‘very bad’

Al Bawaba
August 13th, 2015 - 06:02 GMT

Turkish lira falls to a historic low against the US dollar

Al Bawaba
August 13th, 2015 - 05:58 GMT

Egypt prepares to expand buffer zone with Gaza

Al Bawaba
August 13th, 2015 - 09:53 GMT

Jordanian officials promise IMF to lower public debt to ‘70 percent of GDP’ in five years

Al Bawaba
August 13th, 2015 - 09:41 GMT

Iranian carpets to see a boost in US markets again after sanctions removed

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