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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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Currently over 10 million expats work and live in Saudi Arabia.
June 23rd, 2019 - 12:00 GMT

Saudi Arabia Launches New Residency Scheme for Expats

The issue of our Palestinian people is a nationalistic issue
June 23rd, 2019 - 11:30 GMT

Palestinians Dismiss Economic Part of Middle East 'Peace Plan'

Leading airlines around the world are rerouting some of their flight paths to avoid Iranian airspace
June 23rd, 2019 - 11:00 GMT

Airlines to Stay Away From Iranian Airspace Due to Ongoing US-Iran Tensions

All of the entities will be effectively barred from obtaining US technology after the government determined they were "acting contrary to the national security or foreign policy interests of the United States."
June 23rd, 2019 - 10:30 GMT

US Blacklists 5 Chinese Tech Firms Over National Security Concerns

It was gold’s turn to take centre stage on Friday, with the commodity reaching $1,412.08 an ounce, the highest level since September 2013
June 23rd, 2019 - 10:00 GMT

Gold Prices Soar Amid the Rise in US-Iran Tensions

A 737 MAX passenger jet crashed five months earlier on October 29, 2018.
June 23rd, 2019 - 09:30 GMT

Over 400 Pilots Sue Boeing Over 737 MAX's Flaws Cover-Up

Within 10 years, the plan aims to double Palestine's Gross Domestic Product (GPD) by calling for $27 billion dollars in projects in the West Bank and Gaza.
June 23rd, 2019 - 09:00 GMT

US Reveals Economic Section of Middle East Peace Plan

The Middle East sees its consumption grow by over 2% per year until 2024
June 23rd, 2019 - 08:30 GMT

The Consumption of Global Gas to Increase 1.6 Percent Annually

Germany is Iran’s biggest trading partner in the European Union.
June 23rd, 2019 - 08:00 GMT

German Companies Continue Trading with Iran Despite US Sanctions

Uber argues that these features are popular with drivers because they often put more money in their pockets.
June 23rd, 2019 - 07:30 GMT

Uber Tests out New Features in Drivers' App That Cater Their Needs

The smartphone when unfolded, measures in at 8-inches while the Galaxy Fold's display is 7.3-inches.
June 23rd, 2019 - 07:00 GMT

Huawei to Launch Foldable ‘Mate X’ in September

Trading volume increased by 90.1 percent to reach 225.1 million shares
June 23rd, 2019 - 06:30 GMT

Qatar Stock Exchange Gains Nearly QR13 Billion Amid Heavy Trading Volume

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