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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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They also covered the oil markets.
October 29th, 2019 - 07:30 GMT

Saudi Arabia, US Discuss Oil Market Stability

Oil and gas output stood at 140 mtoe, down from 143 mtoe in January-September 2018.
October 29th, 2019 - 07:00 GMT

Algerian Oil, Gas Export Volumes Drop 9 Percent in First 9 Months

Millennium Taiba Hotel Madinah.
October 28th, 2019 - 11:24 GMT

Saudi Arabia: Hotel Sector Eyes Profits from New Tourist Visa Program

Model S Tesla.
October 28th, 2019 - 10:32 GMT

Driver Dies After Being Trapped Inside Burning Tesla

Infosys shares tanked nearly 17 per cent to mark their worst intraday fall in over six years.
October 28th, 2019 - 10:22 GMT

Infosys Shares Crashes over Allegations of 'Unethical Practices'

Sabic bought its stake in Clariant in January 2018.
October 28th, 2019 - 09:54 GMT

Sabic Reports 86 Percent Drop in Q3 Net Profit

The IMF had earlier revised down growth forecast for 2019 to 1.6 per cent from its previous forecast of 2.8 per cent.
October 28th, 2019 - 09:45 GMT

IMF: UAE GDP Projected to Grow at 2.5 Percent Due to Non-Oil Sector

Riyadh, Saudi Arabia.
October 28th, 2019 - 09:36 GMT

Saudi Arabia: Over 47,000 Tourist Visas Issued in One Month

The company has received harsh criticism from the FAA on Friday for only recently alerting the agency to concerns about the plane expressed by two of its employees during the jet’s 2016 certification process.
October 28th, 2019 - 09:28 GMT

Boeing: Significant Progress Made on 737 MAX Return

The Google Street View fashion show will be available on Google Street View, and all models are styled using the latest trends available to purchase from City Centre malls across the UAE.
October 28th, 2019 - 08:38 GMT

Dubai Malls Launch Fashion Show on Google Street View

An Air China flight to Bangkok was the first international flight to leave on Sunday.
October 28th, 2019 - 08:38 GMT

Beijing's New Airport Commences International Flights

Egypt and Kuwait also inked a framework agreement to finance the second phase of the Sinai development programme at a value of $1 billion up to 2022.
October 28th, 2019 - 08:37 GMT

Kuwait Group Ink $85 Million Deal With Egypt to Fund Tunnel Road

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