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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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Iran, Syria to Boost Trade Exchange Volume by $1 Billion in Next 2 Years
November 13th, 2019 - 09:11 GMT

Iran, Syria to Boost Trade Exchange Volume by $1 Billion in Next 2 Years

Turkey: Fitch Upgrades Outlooks of 20 Banks
November 13th, 2019 - 09:01 GMT

Turkey: Fitch Upgrades Outlooks of 20 Banks

Dubai-China Trade Hits $37.8 Billion in 2018
November 13th, 2019 - 08:38 GMT

Dubai-China Trade Hits $37.8 Billion in 2018

Facebook to Roll Out Facebook Pay
November 13th, 2019 - 08:11 GMT

Facebook to Roll Out New Payment Service

Dubai: Property Prices Projected to Drop 11.3 Percent
November 13th, 2019 - 07:58 GMT

Dubai: Property Prices Projected to Drop 11.3 Percent

Egypt Sovereign Wealth Fund to Raise Authorized Capital to up to $62.15 Billion
November 13th, 2019 - 07:51 GMT

Egypt Sovereign Wealth Fund to Raise Authorized Capital to up to $62.15 Billion

Saudi Arabia: Companies Listed on Stock Exchange Generate Profits Worth $17.2 Billion in 9 Months
November 13th, 2019 - 07:03 GMT

Saudi Arabia: Companies Listed on Stock Exchange Generate Profits Worth $17.2 Billion in 9 Months

Report: GCC Hospitality Sector to Hit $32.5 Billion by 2022
November 12th, 2019 - 12:19 GMT

Report: GCC Hospitality Sector to Hit $32.5 Billion by 2022

Check Out Facebook's New Feature
November 12th, 2019 - 11:54 GMT

Check Out Facebook's New Feature

Boeing: Middle East Commercial Airline Market Worth to Exceed $1.5 Trillion Over Next 20 Years
November 12th, 2019 - 11:05 GMT

Boeing: Middle East Commercial Airline Market Worth to Exceed $1.5 Trillion Over Next 20 Years

Over $11 Million Villa Sold in Dubai to a Moroccan
November 12th, 2019 - 09:51 GMT

Over $11 Million Villa Sold in Dubai to a Moroccan

UK Avoids Slipping Into Recession With 0.3 Percent Economic Growth in Q3
November 12th, 2019 - 09:46 GMT

UK Avoids Slipping Into Recession With 0.3 Percent Economic Growth in Q3

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