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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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Lebanon: Traders Struggle As Banks Impose Credit Controls
November 6th, 2019 - 07:15 GMT

Lebanon: Traders Struggle As Banks Impose Credit Controls

Turkey Helps Pakistan Escape Huge Penalty
November 5th, 2019 - 08:00 GMT

Turkey Helps Pakistan Escape Huge Penalty

Jewellery Demand in Middle East Falls 12 Percent Due to Soaring Gold Prices
November 5th, 2019 - 01:30 GMT

Jewellery Demand in Middle East Falls 12 Percent Due to Soaring Gold Prices

Facebook Separates Company from Social Network with New Logo
November 5th, 2019 - 01:00 GMT

Facebook Separates Company from Social Network with New Logo

Twitter Blocks Accounts Linked to Hamas, Hezbollah
November 5th, 2019 - 12:30 GMT

Twitter Blocks Accounts Linked to Hamas, Hezbollah

Boeing Successfully Completes Abort System Test for Newest Astronaut Capsule
November 5th, 2019 - 12:00 GMT

Boeing Successfully Completes Abort System Test for Newest Astronaut Capsule

Apple Allocates $2.5 Billion to Support California Housing Crisis
November 5th, 2019 - 11:30 GMT

Apple Allocates $2.5 Billion to Support California Housing Crisis

Mothercare Puts over 2,000 Jobs at Risk in UK
November 5th, 2019 - 11:00 GMT

Mothercare Puts over 2,000 Jobs at Risk in UK

Kazakhstan Eyes Turkish Investors
November 5th, 2019 - 10:00 GMT

Kazakhstan Eyes Turkish Investors

Saudi Arabia: How Can Citizens, Residents Benefit from Saudi Aramco IPO
November 5th, 2019 - 09:30 GMT

Saudi Arabia: How Can Citizens, Residents Benefit from Saudi Aramco IPO

UAE Spends $334 Billion on Sustainable Development Within 2 Years
November 5th, 2019 - 09:00 GMT

UAE Spends $334 Billion on Sustainable Development Within 2 Years

Iran: National Currency Regains 21 Percent of Its Value
November 5th, 2019 - 08:30 GMT

Iran: National Currency Regains 21 Percent of Its Value

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