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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 team is responsible for launching joint housing initiatives, performing studies and presenting proposals to the council’s executive committee.
August 29th, 2019 - 10:17 GMT

UAE, Saudi Form Working Team to Reinforce Partnership in Housing Sector Cooperation

Tourism arrivals from Russia have flourished after Oman Air.
August 29th, 2019 - 10:16 GMT

Oman Eyes Russia as an Important Tourism Market

Total FDI into India from 2014-15 to 2018-19 has been $286 billion.
August 29th, 2019 - 10:03 GMT

India Allows 100 Percent FDI in Coal Mining, Related Activities

Saudi Arabia attracted more than $4.5 billion in foreign equity inflows in May and $2 billion in the first three weeks of August.
August 29th, 2019 - 09:50 GMT

Saudi Arabia Attracts $18 Billion in Foreign Equity Inflows

The introduction of value added tax (VAT) in the Kingdom at the start of 2018 lifted the annual inflation rate to 2.5 percent from minus 0.9 percent the previous year
August 29th, 2019 - 09:34 GMT

Savings' Tax: Potential Measure to Spur Growth in Saudi Arabia

Saudi exports increased 40 percent in 2018 compared to 2017.
August 29th, 2019 - 07:49 GMT

Saudi's EXIM Bank to Be Launched Within Months

The country remains mired in an economic crisis that has bred discontent especially among young people.
August 29th, 2019 - 07:44 GMT

US to Support Tunisia's Democratic Transition With $335 Million in Financial Aid

The project developments in Linesight’s own GCC pipeline are currently worth in excess of $10 billion, with average annual revenue growth of over six per cent.
August 29th, 2019 - 07:31 GMT

Saudi Arabia Tops GCC With Over 5,000 Projects Worth $1.6 Trillion

Emirati businesswomen topped the list of investors during the first seven months of this year, followed by Indians, Filipinos, Pakistanis, Chinese, Egyptians, Bangladeshis, British, French and Jordanians.
August 29th, 2019 - 07:12 GMT

Over 5,000 Business Licences Issued to Businesswomen in Dubai

Asia Pacific solar energy storage market is anticipated to exceed 40 per cent by 2025.
August 29th, 2019 - 06:42 GMT

Solar Energy Storage Market to Grow Over 35 Percent by 2025

Zero + Maria Cornejo is recognized as an eco-friendly designer brand.
August 28th, 2019 - 11:46 GMT

Hyundai to Host Upcycling Fashion Event in New York

The year-on-year export and import figures also show decline in July 2019.
August 28th, 2019 - 11:45 GMT

Qatar's Trade Surplus Drops 5.3 Percent in July

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