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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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UAE Unveils World’s Largest Mosaic from Recyclables
January 9th, 2020 - 10:00 GMT

UAE Unveils World’s Largest Mosaic from Recyclables

UAE Invests $272 Billion in Airport Infrastructure Development Projects
January 9th, 2020 - 09:59 GMT

UAE Invests $272 Billion in Airport Infrastructure Development Projects

UAE: Abu Dhabi Hotels Host 4.7 Million Guests in Q4 2019
January 9th, 2020 - 09:59 GMT

UAE: Abu Dhabi Hotels Host 4.7 Million Guests in Q4 2019

Report: UAE Among Top 10 Most Important Sources of FDI
January 9th, 2020 - 09:59 GMT

Report: UAE Among Top 10 Most Important Sources of FDI

Oil Prices Plummet Amid Concerns Over US-Iran Tensions
January 9th, 2020 - 09:56 GMT

Oil Prices Plummet Amid Concerns Over US-Iran Tensions

Russia, Turkey Inaugurate TurkStream Pipeline
January 9th, 2020 - 08:54 GMT

Russia, Turkey Inaugurate TurkStream Pipeline

UAE Unveils First National Brand
January 9th, 2020 - 08:20 GMT

UAE Unveils First National Brand

Samsung, TR Ink $3.7 Billion Refinery Deal in Algeria
January 9th, 2020 - 08:07 GMT

Samsung, TR Ink $3.7 Billion Refinery Deal in Algeria

World Bank Slashes MENA Growth Forecast Due to Geopolitical Tensions
January 9th, 2020 - 07:40 GMT

World Bank Slashes MENA Growth Forecast Due to Geopolitical Tensions

Indian Airlines to Take Appropriate Precautionary Measures After Iran Attacks
January 9th, 2020 - 07:30 GMT

Indian Airlines to Take Appropriate Precautionary Measures After Iran Attacks

UAE: No Risk to Oil Supply Despite US-Iran Tensions
January 9th, 2020 - 07:21 GMT

UAE: No Risk to Oil Supply Despite US-Iran Tensions

Boeing Recommends 737 MAX Simulator Training for All MAX Pilots
January 8th, 2020 - 12:30 GMT

Boeing Recommends 737 MAX Simulator Training for All MAX Pilots

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