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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 4th, 2015 - 08:30 GMT

BW Gas secures bid for Egypt’s floating LNG terminal

Al Bawaba
August 4th, 2015 - 08:10 GMT

Egypt’s stock market loses $360 million on Monday

French and Lebanese Defense Ministers at the handover ceremony of the first batch of $3B French arms delivery, financed with a Saudi grant. (AFP/File)
August 4th, 2015 - 08:01 GMT

Lebanon: Visit by Italian minister sparks rumours of military equipment delivery

Beirut is still grappling with a waste crisis that is threatening the health of its residents. (AFP/File)
August 3rd, 2015 - 06:40 GMT

Beirut's trash crisis sparks interest in sustainable practices

Al Bawaba
August 3rd, 2015 - 01:48 GMT

UN schools at risk of closing, but Jordan’s public schools says there’s no room for refugees

Al Bawaba
August 3rd, 2015 - 12:39 GMT

Thirty Saudis graduate from Harvard University's leadership program

Al Bawaba
August 3rd, 2015 - 11:39 GMT

Six things you should know about Egypt's Suez Canal

Al Bawaba
August 3rd, 2015 - 11:13 GMT

Southern Lebanese are hot under the collar over water cuts

Al Bawaba
August 3rd, 2015 - 10:51 GMT

Saudi women complain of exploitation in cosmetics sales

In spite of the fifth largest natural gas reserves in the world, Saudi Arabia does not produce sufficient gas for power generation and for its vast petrochemical industry. (Shutterstock)
August 3rd, 2015 - 09:27 GMT

Feelin' the burn in Saudi: Domestic energy consumption is highest in MENA

Al Bawaba
August 3rd, 2015 - 08:34 GMT

MENA private equity value surges 118 percent in 2014

Al Bawaba
August 3rd, 2015 - 07:20 GMT

UAE lifts fuel subsidies, prices expected to rise 24 percent

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