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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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This restructuring plan must be agreed upon by both the bankrupt party and their creditors
October 20th, 2019 - 09:00 GMT

Under the New Law, Bankrupt Firms in Oman Need to Repay Their Creditors

All countries from Eurasia support China's project, so does Turkey.
October 20th, 2019 - 08:30 GMT

Turkey Is Working to Exceed $20 Billion Trade Volume With China

Jordan’s ranking went up eight ranks in the distortive effect of taxes and subsidies
October 20th, 2019 - 08:00 GMT

Jordan Advances 6 Ranks in the Domestic Competition Indicator 2019

IMF Executive Board announced the completion of the second review of the country’s economy
October 20th, 2019 - 07:30 GMT

IMF: Relations With Jordan Is “Very Deep”, Reform Agenda Is Progressing

Dubai's sovereign debt reached $32 billion in September 2019.
October 20th, 2019 - 07:00 GMT

Dubai Expo 2020 Projects Will Be Totaling Dh30 Billion by 2021

Energy expert Dr. Ahmed Hassan acknowledged the huge gap between the country's electricity production and consumption
October 20th, 2019 - 06:30 GMT

Sudan to Generate Electricity From Renewables

The announcement was made as thousands of demonstrators poured into Lebanon’s streets on Saturday for a third day of anti-government protests.
October 20th, 2019 - 06:00 GMT

Lebanon: Final Budget Agreed with No New Taxes

The government expected Morocco’s economy to grow 3.7 percent in 2020
October 19th, 2019 - 03:00 GMT

Morocco’s Government Approves 2020 Draft Budget

The IMF slashed China's growth forecast to 6.1 percent for this year and 5.8 percent for 2020
October 19th, 2019 - 01:35 GMT

IMF: Asian Nations Face Heightening Risks to Their Economic Outlooks

After Saudi Arabia, the UAE and Qatar are projected to hold prominent market shares in terms of both volume and value
October 19th, 2019 - 01:09 GMT

Saudi Arabia Leads the Growth of the Industrial Gas Market in the GCC

Nadella received a $1 million base salary jump and an increase in stocks.
October 17th, 2019 - 11:33 GMT

Microsoft CEO Earns $42.9 Million in Total Compensation for Fiscal Year

Bank Muscat came in the top five companies owned by Omani women investors in terms of securities at OMR14.9 million.
October 17th, 2019 - 10:49 GMT

Oman Is Home for 33,000 Women Investors In Vital Sectors

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