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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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Tourist guide Hiba al-Aaidy said that this was the first all-female group to visit the region.
October 21st, 2019 - 08:07 GMT

NEOM Hosts First Female Tourist Group from Saudi Arabia

Xiaomi’s share price has fallen steadily this past year as China’s smartphone market grows more competitive.
October 21st, 2019 - 07:37 GMT

Huawei's Rival in China Plans to Launch More Than 10 5G Phones in 2020

The RBI has banned the use of cryptocurrencies in India.
October 21st, 2019 - 07:23 GMT

India: Every Country Should be Cautious Before Rushing into Cryptocurrencies

The new factory will give Elon Musk's Tesla access to China which is incidentally the world's largest car market.
October 21st, 2019 - 07:14 GMT

Tesla to Start Manufacturing Cars In China

In line with central banks’ mandates, monetary policy should ensure that inflation remains on track toward, or stabilises around targets, and that inflation expectations remain anchored.
October 21st, 2019 - 06:50 GMT

IMFC: Global Economy Projected to Grow by 3 Percent This Year

Expo 2020 will bring the world together, including more than 200 international participants and millions of people, in a spirit of celebration, collaboration and optimism for the future.
October 21st, 2019 - 06:27 GMT

UAE Celebrates One-Year Countdown to Expo 2020 Dubai

The local prices of gasoline are subject to change due to changes in export prices from the Kingdom to international markets.
October 20th, 2019 - 01:00 GMT

Saudi Aramco Updates Gasoline Prices for 4th Quarter of 2019

The latest economic growth figure was the lowest since China began reporting data by quarters in 1993.
October 20th, 2019 - 12:30 GMT

China’s Economic Growth Sinks to Six Percent in Q3 2019

Libra Association has tried to ward off a blockade by saying it will address the concerns posed by government officials.
October 20th, 2019 - 12:00 GMT

European Governments Move to Block Facebook’s Digital Currency

There are several Italian companies operating in the Qatari market in various sectors
October 20th, 2019 - 11:00 GMT

Qatar, Italy Trade Volume Hit 16 Percent to €2.8 Billion in 2018

The government has cut subsidies, raised fees and is pushing economic diversification and inward investment
October 20th, 2019 - 10:00 GMT

Bahrain Is on Track to Eliminate Its Deficit by 2022

Iran-UK chamber had rented an office in London for years and had two or three staffers.
October 20th, 2019 - 09:30 GMT

Iran, UK Capable of Expanding Cooperation in Trade Field

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