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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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Ghosn is accused of under-reporting millions of dollars in income at Nissan and of of using company funds for personal expenses -- charges he denies.
July 21st, 2019 - 10:00 GMT

Ghosn Sues Nissan and Mitsubishi for “Improper Termination”

Simplified visa issue conditions in the Far East came into force on August 1, 2018
July 21st, 2019 - 09:30 GMT

Russia Introduces E- Visa for Foreigners Visiting St. Petersburg

An Air India passenger plane takes off from Sardar Vallabhbhai Patel International Airport in Ahmedabad.
July 21st, 2019 - 09:00 GMT

Air India Freezes Large-Scale Promotion, Appointments

Five countries: India, Saudi Arabia, the US, Iraq and Palestine accounted for more than half of the value of the exports. 
July 21st, 2019 - 08:30 GMT

Jordan's Industry Exports Soar 12.66% in First Half of 2019

The Saudi government is tasked to repay the money for keeping the ship without any reasons for about 80 days.
July 21st, 2019 - 08:00 GMT

Saudi Arabia Releases Iranian ‘Happiness’

Iran has seen its crude oil refining capacity increase.
July 21st, 2019 - 07:30 GMT

Iran’s Crude Oil Refining Capacity Grows by 38.8 Percent Since 2017

A number of factors has been hindering privatization trend in the country
July 21st, 2019 - 07:00 GMT

300 Companies in Iran Deleted From Privatization Plan List for Current Year

Jordan and Morocco see eye-to-eye on the Palestinian issue and support the right of the Palestinian people to statehood on the pre-1967 borders with East Jerusalem as a capital.
July 21st, 2019 - 06:30 GMT

Jordan, Morocco Reaffirm Strategic Ties Between the Two Countries

The residential properties ranked first in terms of sales transactions, constituting 69.7 per cent of the total transactions recorded.
July 21st, 2019 - 06:05 GMT

Sharjah Real Estate Transactions Hit $4 Billion in First Half of 2019

Morocco could post a growth rate of 4.5 percent in 2024 from 3 percent in 2018 if it continues on the path of reform and inclusive growth.
July 20th, 2019 - 03:00 GMT

IMF Calls on Morocco to Move Towards a Greater Exchange Rate Flexibility

According to the IMF, reforms to the capital markets, legal framework, business environment, and small- and medium-sized enterprises sector are ongoing too
July 20th, 2019 - 12:00 GMT

IMF Praise Saudi Economic Reforms

Amman’s aspirations for China to open its doors for Jordanian agricultural produce — mainly Jordanian dates, which the premier said are considered “the best worldwide”
July 20th, 2019 - 07:59 GMT

Jordan, China to Enhance Economic, Trade and Investment Cooperation

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