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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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Weakening confidence could erode consumer spending, which has been a primary engine of the US economy, which would weaken GDP growth.
September 25th, 2019 - 12:00 GMT

Survey: US-China Trade War Disrupt US Consumer Confidence

The enduring challenge for China, however, is how to wean the country off its debt drip without intensifying an economic slowdown
September 25th, 2019 - 11:30 GMT

Why Is a Slowing China Economy a Global Concern?

Only firms with a higher or equal number of Saudi employees versus expats were eligible under the scheme.
September 25th, 2019 - 11:00 GMT

Saudi Arabia Waives Fees on Expats in Industrial Sector

Ghosn and Nissan subordinates took steps to conceal from public disclosure a substantial portion of Ghosn’s compensation
September 25th, 2019 - 10:30 GMT

Ex-Nissan Chief Ghosn Charged in US with Hiding $140 Million from Investors

The government stepped up efforts to improve job prospects for Bahrainis earlier this year.
September 25th, 2019 - 10:00 GMT

Over 1,000 Vacancies Available in Bahrain

Dubai Land Department will prepare a register for jointly-owned real estate properties.
September 25th, 2019 - 09:00 GMT

New Real Estate Joint Ownership Law Issued in Dubai

Saudi Arabia's oil production was down by 5.7 million barrels per day (mbpd) due to drone attacks
September 25th, 2019 - 08:30 GMT

Oil Prices Down As Saudi Arabia Is Expected to Restore Full Production by Next Week

Many countries in the world are interested in cooperating and collaborating with Iran in relevant field
September 25th, 2019 - 08:00 GMT

CBI: Foreign Countries Interested in Establishing Banking Ties With Iran Despite US Sanctions

Tourism is a vital sector of Tunisia’s economy and a key source of foreign exchange earnings.
September 25th, 2019 - 07:30 GMT

Thomas Cook Collapse Affects Around 45 Hotels in Tunisia

The UAE can buy the food produced by the project at a cheaper price while Indian farmers will get a comparatively better price for their crops.
September 25th, 2019 - 07:00 GMT

UAE Entities to Invest up to $7 Billion in India Food Sector

SMEs account for about 94 per cent of all companies operating in the UAE
September 25th, 2019 - 06:30 GMT

Numbers of SMEs Soar 30 Percent in UAE

Al Bait Sharjah.
September 24th, 2019 - 12:18 GMT

Plastic-Free Hotel Makes a Breakthrough in UAE's Tourism Sector

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