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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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Iran and China are among major countries hit by the US cruel sanctions.
August 18th, 2019 - 11:51 GMT

Iran, China to Reinforce Cooperation on Technology Sector

Plenty of young entrepreneurs end up with funding, and there are several ways to be taken seriously by investors.
August 18th, 2019 - 11:50 GMT

How Can You Be Taken Seriously as a Young Entrepreneur?

Tourism has managed to recover with about 8 million visitors arriving in the country
August 18th, 2019 - 10:00 GMT

Tunisia Welcomes Over 5 Million Tourists in 2019

Iranian government authorized crypto mining as an industrial activity
August 18th, 2019 - 09:00 GMT

CBI Announces Trading Crypto Illegal in Iran

Prices of Iranian oil was $60.88 per barrel in June
August 18th, 2019 - 08:30 GMT

Iranian Oil Prices Rise in July As the Output of OPEC Drops

Some 4 million travelers were recorded at Lebanon’s only functioning airport during the first half of 2019
August 18th, 2019 - 08:00 GMT

Beirut Airport Records Number of Passengers Depart in One Day

Relations have been growing and we believe there is still more room, especially in fields of trade and tourism
August 18th, 2019 - 07:30 GMT

Thai, Jordanian Relations Focus to Boost Cooperation Between the Two Countries

The commercial sector remained the top choice of new investors as it comprised 52 per cent of total licences issued in the January-June period.
August 18th, 2019 - 07:00 GMT

Dubai Proves Its Resilience Despite a Slowdown in Global Markets

Coming in strong as Dubai’s second largest feeder market once again
August 18th, 2019 - 06:00 GMT

Dubai Welcomes 8.36 Million International Overnight Visitors in H1

The demand for OPEC crude will average 29.41 million bpd next year.
August 18th, 2019 - 05:29 GMT

OPEC Delivers a Downbeat Oil Outlook for the Rest of 2019

The Australian airline had hoped for first deliveries of the planes in 2022
August 17th, 2019 - 04:00 GMT

Boeing Delays Ultra-Long Range 777X Program

The Central Bank’s move came in response to the US Federal Reserve rate cut on July 31.
August 17th, 2019 - 02:45 GMT

Jordan’s Move to Lower the Interest Rate Will Bring Slight Improvements to Economic Activity

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