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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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The deficit before external grants totalled JD890.5 million, while it was JD795.9 million in 2018’s January-July period.
September 22nd, 2019 - 09:30 GMT

Jordan’s Public Debt Hits JD29.5 Billion End of July

The new categories are "small”, “medium” and “large”.
September 22nd, 2019 - 09:00 GMT

Global Aircraft Numbers to Increase 4.3 Percent Annually

The minister highlighted to this end the calm witnessed in Egypt, which encourages investors.
September 22nd, 2019 - 08:00 GMT

Egypt Achieves Highest Level in Gas Production

DIW 2019 edition comes at a time when the UAE's and Dubai's investment environment is witnessing many positive developments.
September 22nd, 2019 - 07:30 GMT

Foreign Direct Investment Flows Into Dubai Continue to Grow Remarkably

It is highly likely that the currency can top the level of 1.26 against the dollar.
September 22nd, 2019 - 07:00 GMT

Brexit Uncertainty Pounds to Continue in the Near Future

Iraq was counting greatly on the role of Chinese companies in the reconstruction of the country’s infrastructure.
September 22nd, 2019 - 06:30 GMT

Iraq Calls Major Chinese and International Companies to Invest in the Country

This causes the loss of the value of these funds and their positive return on Yemen.
September 22nd, 2019 - 06:00 GMT

Donors Must Transfer Funds Through Central Bank of Yemen

There are currently more than 2,500 students from Indonesia studying in Hadhramout
September 21st, 2019 - 12:00 GMT

Indonesia, Yemen Look for Investment Opportunities in Hadhramout

The sector's contribution to the country's GDP is set to increase to 8 per cent.
September 21st, 2019 - 10:00 GMT

UAE Logistics Sector’s Gross Output Hit $60 Billion

Egypt's US-imports reached $3.46 billion in 2019 in comparison to $3.09 billion in the same period in 2018.
September 21st, 2019 - 06:40 GMT

Trade Exchange Between Egypt, US Hits $5.3 Billion in 7 Months

If the economy does turn down, then a more extensive sequence of rate cuts could be appropriate
September 19th, 2019 - 12:30 GMT

US Federal Reserve Cut Interest Rates Again

Saudi Arabia and the IMF have been working continuously to improve official statistics
September 19th, 2019 - 12:00 GMT

IMF: Saudi Arabia Subscribes to Special Data Dissemination Standard

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