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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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Imports fell to$22.14 billion compared to$23.14 billion, down 4.3 percent
August 15th, 2019 - 06:00 GMT

Algeria’s Trade Deficit Reaches $3.18 Billion During the H1 of 2019

Of the roughly $370 million required for the year, roughly $96 million had been donated to the organisation as of July 30
August 15th, 2019 - 05:30 GMT

UNHCR's Jordan Operations Are Only 27 Percent Funded for Its Annual Needs

Members of Iran’s local cryptocurrency and blockchain ecosystem are convinced that they can still bring international donors on board.
August 14th, 2019 - 12:00 GMT

Cryptocurrency Campaign Aims to Help Iran’s Flood Victims

UAE's market is one of the world's most dynamic markets worldwide
August 14th, 2019 - 11:30 GMT

GCC’s Economic Growth to Reach 3.2 Percent in 2020

The new projects are an endeavour to reach a sustainable water sector that will develop and preserve the water resources
August 14th, 2019 - 10:45 GMT

Saudi Arabia Launches Water Projects Worth Over $825 Million in Makkah

The debt of the Moroccan government has become 61.63 percent of bonds over ten years
August 14th, 2019 - 10:21 GMT

Morocco’s Internal Debt Reaches $59.3 Billion in July

Germany exported mainly machinery, chemical products, and cars and car parts to Iran.
August 14th, 2019 - 09:34 GMT

German Exports to Iran Fell by Half in the First Six Months of 2019

Operation and Maintenance (O&M) represented 60 per cent of the total contracts in Q2 2019
August 14th, 2019 - 08:51 GMT

Global Oil and Gas Industry’s Contract Hit $42 Billion in Q2 2019

The petroleum sector aims at encouraging global companies to pump new investments in the fields of research and exploration
August 14th, 2019 - 08:30 GMT

Egypt Targets Increasing the Daily Production of Crude Oil

Aston Martin
August 14th, 2019 - 08:18 GMT

Making History: The Aston Martin DB4 GT Zagato Continuation Programme Is Handcrafting Excellence

British Royal Marines seized the oil tanker on July 4 off the coast of the British Mediterranean territory of Gibraltar
August 14th, 2019 - 07:54 GMT

Britain Might Free Iranian-Operated Oil Tanker Grace 1 Soon

When it comes to risks, the top three concerns among Asian investors are a global trade war (47 per cent)
August 14th, 2019 - 06:52 GMT

Businessmen and Investors More Optimistic on UAE’s Economy

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