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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’s membership in EAEU can also help facilitate country’s interactions with the World Trade Organization (WTO).
October 28th, 2019 - 07:52 GMT

Iran: EAEU Membership Can Increase Rial's Credibility

The commercial exchange volume between Qatar and Jordan grew by 18 per cent in 2018 to 1.3 billion Qatari riyals, compared with 1.1 billion Qatari riyals in 2017.
October 28th, 2019 - 07:43 GMT

Qatar, Jordan Explore Means to Enhance Bilateral Trade

The last time the Fed reduced rates three times, while the economy was growing, was in 1998.
October 28th, 2019 - 07:30 GMT

US Mulls Cutting Interest Rate for the Third Time

According to the Dubai Chamber of Commerce and Industry, bilateral UAE-Brazil trade last year was $2.7 billion.
October 28th, 2019 - 07:21 GMT

UAE, Brazil Ink Deals to Strengthen Bilateral Trade Ties

The US and China have imposed billions in tariffs on each other's goods, badly hurting financial markets and causing concern that the conflict will force world economy into recession.
October 28th, 2019 - 07:01 GMT

US-China Trade Deal to Boost Global Stock Markets

The government expects funding through the current financing program with the International Monetary Fund
October 27th, 2019 - 02:00 GMT

Tunisia Determined to Repay Its $4 Billion Debts by 2020

The deal ensures the continuity of trade flows unhindered between the two countries
October 27th, 2019 - 01:30 GMT

Morocco, UK Sign Agreement to Maintain Post-Brexit Trade Flow

Russia intends to continue rendering all necessary aid and support for the normalisation of the situation
October 27th, 2019 - 01:00 GMT

Russia Keen on Strengthening Economic Cooperation With Sudan

There are 42 Qatari-Austrian companies working in various sectors
October 27th, 2019 - 12:30 GMT

Qatar, Austria Trade Volume Soars to QR786 Million in 2018

in addition to the existing productive factories, Modon has 6,190 industrial service and logistical contracts.
October 27th, 2019 - 12:00 GMT

435,000 Employees Work in Over 3,400 Factories in Saudi Arabia

There will be pockets of technology where big corporates will be interested
October 27th, 2019 - 11:30 GMT

Why Dubai’s Technology Startups Remain Targets for Multinational Giants

Technology up-gradation was not on the list for almost 51 percent of consumers in Q2 2019 chiefly due to budget constraints.
October 27th, 2019 - 10:30 GMT

Consumer Confidence Index in Dubai Witnesses a Marginal Decline in Q2

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