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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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Saudi Aramco Offers 0.5 Percent of Its Shares to Private Investors
November 10th, 2019 - 08:30 GMT

Saudi Aramco Offers 0.5 Percent of Its Shares to Private Investors

Dubai Welcomes 64.5 Million Passenger in 9 Month
November 10th, 2019 - 08:00 GMT

Dubai Welcomes 64.5 Million Passenger in 9 Month

Egypt: Inflation Rate Lowest in Nearly a Decade
November 10th, 2019 - 07:30 GMT

Egypt: Inflation Rate Lowest in Nearly a Decade

Iraq’s Oil Production, Exports Remain Stable Amid Protests
November 10th, 2019 - 07:00 GMT

Iraq’s Oil Production, Exports Remain Stable Amid Protests

Middle East AI Industry to reach $320 Billion by 2030
November 10th, 2019 - 12:30 GMT

Middle East AI Industry to reach $320 Billion by 2030

World Bank Approves $300 Million Loan to Support Morocco’s Municipalities
November 9th, 2019 - 04:00 GMT

World Bank Approves $300 Million Loan to Support Morocco’s Municipalities

Indian Companies Create 854,000 Jobs in the Emirates Till Date
November 9th, 2019 - 03:00 GMT

Indian Companies Create 854,000 Jobs in the Emirates Till Date

Lebanon: Banks Impose New Measures, Intensify Fears From Financial Crisis
November 9th, 2019 - 02:00 GMT

Lebanon: Banks Impose New Measures, Intensify Fears From Financial Crisis

Billionaires’ Wealth Falls 4.3 Percent for the First Time Since 2015
November 9th, 2019 - 01:23 GMT

Billionaires’ Wealth Falls 4.3 Percent for the First Time Since 2015

UAE a Strong Player in GCC Debt Market in 2019
November 7th, 2019 - 02:00 GMT

UAE a Strong Player in GCC Debt Market in 2019

Public Sector Credit Demand to Boost UAE Lending in 2019
November 7th, 2019 - 01:30 GMT

Public Sector Credit Demand to Boost UAE Lending in 2019

Kuwait, China Sign Crude Oil Supply Agreements
November 7th, 2019 - 01:00 GMT

Kuwait, China Sign Crude Oil Supply Agreements

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