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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 2nd, 2015 - 08:02 GMT

Jordan goes green with plans for solar-powered electric car charging stations

Al Bawaba
August 1st, 2015 - 12:11 GMT

OPEC frets as oil prices remain unstable

The US has given the World Food Program $65 million for Middle Eastern countries struggling to support Syrian refugees. (AFP/File)
August 1st, 2015 - 11:48 GMT

US $65 million aid package to help refugee crisis in Lebanon, Jordan

Al Bawaba
August 1st, 2015 - 09:56 GMT

Abu Dhabi Airport sees record number of passengers in July

Al Bawaba
August 1st, 2015 - 09:14 GMT

Kurdish oil in Iraq continues despite escalated conflict

Al Bawaba
July 31st, 2015 - 06:30 GMT

Egypt raises electricity prices for households with high usage

Al Bawaba
July 30th, 2015 - 10:50 GMT

Consumer prices in UAE to stay consistent despite fuel deregulation

Small businesses have been severely hit by the pile-up as fewer customers enter the establishments. (AFP/File)
July 30th, 2015 - 10:27 GMT

Lebanese restaurants suffer as garbage crisis continues

Al Bawaba
July 30th, 2015 - 08:17 GMT

Iran’s automaker Khodro to sign a deal with Mercedes ‘soon’

Al Bawaba
July 30th, 2015 - 05:34 GMT

Lebanon hopes to enroll more Syrians in public schools as UN relief funds run dry

The country would raise tourism revenues to $26 billion with double the visitors. (AFP/File)
July 29th, 2015 - 08:46 GMT

Egypt aims to double tourism economy in five years

Al Bawaba
July 29th, 2015 - 08:36 GMT

Daily electricity in Gaza expected to nearly double in two days

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