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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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Oman: Budget Deficit Falls 19.4 Percent in the First 9 Months of 2019
December 1st, 2019 - 09:30 GMT

Oman: Budget Deficit Falls 19.4 Percent in the First 9 Months of 2019

$2.6 Trillion Islamic Finance Industry to See Surge in Demand From Youngsters
December 1st, 2019 - 09:00 GMT

$2.6 Trillion Islamic Finance Industry to See Surge in Demand From Youngsters

GCC Hospitality on Track to Reach $32.5 Billion by 2022
December 1st, 2019 - 08:30 GMT

GCC Hospitality on Track to Reach $32.5 Billion by 2022

UAE: 50 Percent Tax on Sugary Drinks, 100 Percent Tax on Tobacco Products from Today
December 1st, 2019 - 08:00 GMT

UAE: 50 Percent Tax on Sugary Drinks, 100 Percent Tax on Tobacco Products Starting from Today

French-Lebanese Engineer Appointed as Renault-Nissan-Mitsubishi Secretary General
December 1st, 2019 - 07:30 GMT

French-Lebanese Engineer Appointed as Renault-Nissan-Mitsubishi Secretary General

Saudi Aramco’s IPO Covered by 173 Percent Before Deadline
December 1st, 2019 - 06:40 GMT

Saudi Aramco’s IPO Covered by 173 Percent Before Deadline

OPEC Oil Output Falls Before Vienna Meeting
November 30th, 2019 - 05:00 GMT

OPEC Oil Output Falls Before Vienna Meeting

Twitter Puts on Hold Plan to Delete Inactive Accounts to Work on Memorial Feature
November 28th, 2019 - 01:30 GMT

Twitter Puts on Hold Plan to Delete Inactive Accounts to Work on Memorial Feature

Trade Optimism Lifts Stocks in Global Markets
November 28th, 2019 - 01:00 GMT

Trade Optimism Lifts Stocks in Global Markets

US: Economy Grew Faster in Q3, but Economists Are Still Concerned
November 28th, 2019 - 12:30 GMT

US: Economy Grew Faster in Q3, but Economists Are Still Concerned

Bahrain: Value of Imports Slips to $1.12 Billion in October
November 28th, 2019 - 12:00 GMT

Bahrain: Value of Imports Slips to $1.12 Billion in October

GCC: Oil, Gas Sector Contribute 80 Percent to Project Market Growth
November 28th, 2019 - 11:30 GMT

GCC: Oil, Gas Sector Contribute 80 Percent to Project Market Growth

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