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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 Arabia has raised $3.3 billion in its first bond sale in that currency and $7.5 billion in conventional bonds in January.
October 24th, 2019 - 06:45 GMT

Saudi Debt Issuance Drops 17 Percent in October

The new budget includes new measures that push investment especially reducing the marginal price of the tax on companies
October 24th, 2019 - 06:30 GMT

Morocco to Lower Its Fiscal Deficit to 3.5 Percent

British outward investment is making an important contribution in various economic sectors in the sultanate.
October 23rd, 2019 - 01:00 GMT

Oman,UK Trade Soars to $3.7 Billion in 2018

The occupancy levels in the Middle East increased 2.4% to 62.2%
October 23rd, 2019 - 12:00 GMT

Middle East Hotels Show Mixed Performance for Q3 2019

Bilateral interaction between people and government officials will be accelerated.
October 23rd, 2019 - 11:00 GMT

US Economic War Has Not Stopped Economic Growth of Iran

Qatar-Turkey bilateral trade stood at $2.3bn in 2018; by the end of the year
October 23rd, 2019 - 10:30 GMT

Qatar-Turkey Investment Ties Expected to Grow

Around 3,000 apartments and villas have come in multiple areas in Qatar in the first quarter of this year
October 23rd, 2019 - 10:00 GMT

Qatar's Real Estate Transactions Increase 20 Percent in Q1 2019

The 2019 growth rate falls within the government's annual goal of between 6 and 6.5 per cent
October 23rd, 2019 - 09:30 GMT

China’s Economy Increase 6 Percent, Slowest Growth Since 1992

Turkey saw an annual hike of 9.26% in consumer prices in September
October 23rd, 2019 - 09:00 GMT

Economists: Turkey’s Central Bank to Cut Interest Rates

Unemployment rate is “way larger” than the provided jobs
October 23rd, 2019 - 08:30 GMT

Jordan’s Government Close to Achieving Job-Creation Goal for 2019

In May 2019, Dubai Free Zone Council had announced plans to launch of "One Free Zone Passport"
October 23rd, 2019 - 08:00 GMT

Dubai Considers Doubling Rental Contracts In Free Zones to 50 Years

The researchers identified trending destinations based on the highest total internal tourism revenues in their regions.
October 23rd, 2019 - 07:30 GMT

Global Tourism Revenue to Hit $5.9 Trillion in 2019

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