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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 and the UAE lead in infrastructure spending in the region.
October 22nd, 2019 - 07:00 GMT

GCC Require $1.6 Trillion for Infrastructure Upgrade

Egypt became self-sufficient in natural gas in late 2018
October 22nd, 2019 - 06:30 GMT

Egypt Exports 172.8 Billion Cubic Feet of LNG from Idku in 2018/19

when the final deal about this zone is reached, the two countries will start discussing the resumption of oil production.
October 22nd, 2019 - 06:00 GMT

Kuwait, Saudi Arabia Agree to Resume Neutral Oil Production Zone

Poverty and unemployment rates have reached nearly 75 percent in 2019.
October 21st, 2019 - 10:43 GMT

Poverty Rate in Gaza Strip Highest in the World

In 2018-19, India's exports to the US stood at $52.4 billion, while imports were $35.5 billion.
October 21st, 2019 - 10:35 GMT

India-US Trade Negotiations Going in 'Full Speed'

The Saudi market rose 2 per cent, extending gains for a third straight session with all banking stocks higher.
October 21st, 2019 - 10:27 GMT

Saudi Stock Market Soars While Other GCC Markets Plummet

The announcement was made by FATF President Xiangmin Liu who expressed satisfaction over the steps taken by Pakistan.
October 21st, 2019 - 09:54 GMT

Pakistan Aims to Get Country out of the Anti-Money Laundering Body's Grey List

The first pre-order phase was supposed to run from October 6 to 16 - but units were sold out after just three days. The second batch started on October 17.
October 21st, 2019 - 09:36 GMT

Samsung Galaxy Fold Second Pre-Order Phase Sells out Again; Third Wave on October 23

This issue does not affect iPod touch or any iPad models that have Wi-Fi only. It also doesn't affect iOS devices newer than those listed above.
October 21st, 2019 - 09:24 GMT

Apple Issues iOS Update Warning for Users Using These Devices

Samsung Galaxy Note10 series will be available for sale with benefits of up to Rs12,000.
October 21st, 2019 - 08:52 GMT

Samsung India Announces Offers on Galaxy Note10, S10 Series

Nineteen real-estate companies, four jewelry firms, five money exchange companies and four insurance firms were compelled to comply with the relevant laws.
October 21st, 2019 - 08:08 GMT

Kuwait Takes Action against Companies Linked to Money Laundering, Funding Terrorism

More than a quarter of the Lebanese population lives below the poverty line, according to the World Bank.
October 21st, 2019 - 08:08 GMT

Lebanon Banks Remain Closed on Monday

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