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BUSINESS

BUSINESS latest

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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Meta demanded to waive ban on Arabic term "Shaheed" by oversight board
March 26th, 2024 - 03:05 GMT

Meta demanded to waive ban on Arabic term "Shaheed" by oversight board

Trump makes it to World's 500 Richest after Truth Social doubles his net worth
March 26th, 2024 - 10:39 GMT

Trump makes it to World's 500 Richest after Truth Social doubles his net worth

Emirates Islamic marks 20 years of progress as a leading financial institution in the UAE
March 26th, 2024 - 09:21 GMT

Emirates Islamic marks 20 years of progress as a leading financial institution in the UAE

Boeing’s CEO steps down with management restructuring as it battles safety disaster
March 26th, 2024 - 09:15 GMT

Boeing's CEO steps down with management restructuring as it battles safety disaster

Hilton Announces the Opening of Canopy by Hilton Seychelles
March 26th, 2024 - 09:13 GMT

Hilton Announces the Opening of Canopy by Hilton Seychelles

Dutco and Ellington Properties commence construction of AED 1.2 billion development, One River Point
March 26th, 2024 - 08:34 GMT

Dutco and Ellington Properties commence construction of AED 1.2 billion development, One River Point

ADNIC shareholders approve cash dividends of 45% at the Annual General Meeting
March 26th, 2024 - 08:23 GMT

ADNIC shareholders approve cash dividends of 45% at the Annual General Meeting

Mubadala invests in Avanse Financial Services to make more  academic dreams a reality in India
March 26th, 2024 - 08:21 GMT

Mubadala invests in Avanse Financial Services to make more academic dreams a reality in India

Zoom and Avaya announce new strategic partnership to deliver enhanced collaboration experiences
March 26th, 2024 - 08:18 GMT

Zoom and Avaya announce new strategic partnership to deliver enhanced collaboration experiences

Dubai Customs Clinches Elite Award in 2024 Dubai Government Excellence (DGE) program
March 26th, 2024 - 08:12 GMT

Dubai Customs Clinches Elite Award in 2024 Dubai Government Excellence (DGE) program

GU-Q Highlights Student Research on the Indian Ocean
March 26th, 2024 - 08:01 GMT

GU-Q Highlights Student Research on the Indian Ocean

Carnegie Mellon Qatar graduating seniors join the alumni network
March 26th, 2024 - 07:55 GMT

Carnegie Mellon Qatar graduating seniors join the alumni network

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