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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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A more detailed view by asset type reveals that not all asset types enjoyed inflows in H1 2019.
October 2nd, 2019 - 12:30 GMT

GCC Funds Witness Net Inflows of $2.5 Billion in H1 2019

Moody’s said significant tightening in external financing conditions
October 2nd, 2019 - 12:00 GMT

Moody’s Keeps Lebanon’s Rating but Warns of Downgrade

After the attack on the Saudi oil facilities, the Russian oil production was relatively high.
October 2nd, 2019 - 11:30 GMT

Oil Price to Remain Steady on Middle East Tension, Global Downturn

The number of Saudi tourists visiting the country dropped by more than 28 percent in August
October 2nd, 2019 - 10:30 GMT

Turkey Records Sharp Drop in Tourists From Saudi Arabia

The figures rekindled fears for worldwide growth.
October 2nd, 2019 - 10:00 GMT

Global Stocks Take Steep Downward Turn On US Manufacturing Data

The IMF will spare no efforts in helping members, including the Central Bank of Iran
October 2nd, 2019 - 09:30 GMT

Iran’s Central Bank Calls for Fair Share in IMF Decision-Making Process

The U.S. and China, are currently in a difficult situation as regards to trade
October 2nd, 2019 - 09:00 GMT

Merkel Calls US and China to Make Compromise in Trade Talks

Labour productivity must be increased.
October 2nd, 2019 - 08:30 GMT

Jordan’s Public Sector Employees Enjoy Higher Wage Increases

Private health spending in the GCC will pick up the pace to meet rising demand over this period
October 2nd, 2019 - 08:00 GMT

GCC Spending on Healthcare Will Rise to $30.5 Billion by 2021

Imports accounted for Dh14.87 billion of Dubai-US trade in Q1 2019.
October 2nd, 2019 - 07:30 GMT

US Ranks Third Biggest Trading Partner for Dubai

Total number of residential mortgage loans provided to individuals by the end of 2018 amounted to about 50.4 thousand contracts.
October 2nd, 2019 - 07:10 GMT

Mortgage Loans Provided by Saudi Banks Triple in August

Sisi's tweets came after a tense weekend in Egypt in which police mounted a huge show of force in Cairo
October 2nd, 2019 - 06:30 GMT

Egypt Return Nearly 2 Million People to Its Food Subsidy Program

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