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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 9th, 2015 - 05:30 GMT

Jordan's $40M Workforce Development Projects to support vocational and technical training

Al Bawaba
August 9th, 2015 - 04:30 GMT

High remittances helping Lebanon to weather financial crisis

Al Bawaba
August 9th, 2015 - 04:00 GMT

Is Islamic finance the key to developing Africa's infrastructure?

Al Bawaba
August 9th, 2015 - 01:48 GMT

Yemen's Aden gets first commercial flight since airstrikes began

Egypt has the second-largest number of millionaires living in the country. (Flickr)
August 6th, 2015 - 10:24 GMT

This Arab country has the second-largest number of millionaires in Africa

Lebanon's finance minister said there will be no extra budgetary spending until it's legalized. (AFP/File)
August 6th, 2015 - 10:08 GMT

Lebanon’s budget spending is at a freeze until Cabinet approves extra money

Jordan needs a growth rate of about 6 percent to absorb new employment trends, the International Monetary Fund said. (AFP/File)
August 6th, 2015 - 10:01 GMT

IMF: Jordan needs reform to adjust to the labor force

Al Bawaba
August 6th, 2015 - 09:18 GMT

Operations in West Bank pay off: Nestle in Palestine earns international certification

A US Treasury Department official said Wednesday the country would need to meet the conditions in the agreement first. (AFP/File)
August 6th, 2015 - 09:01 GMT

Removing Iran sanctions will take six to nine months: US Treasury

Al Bawaba
August 6th, 2015 - 08:53 GMT

Lebanon threatens to shut down unlicensed water companies within two weeks

Al Bawaba
August 6th, 2015 - 08:43 GMT

Suez Canal inauguration kickstarts new way to trade in Egypt

Al Bawaba
August 6th, 2015 - 10:24 GMT

Air power: Oman completes first stage of wind farm project

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