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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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Khan believes that going forward, regulatory and transparency will play a very important in the development of this sector.
June 23rd, 2019 - 04:59 GMT

The Reasons Behind Cryptocurrencies' Uncertain Future

A number of agreements and memoranda of understandings (MoUs) were signed on the sidelines of the Jordan-Singapore Business Forum by private-sector representatives from the two sides.
June 22nd, 2019 - 03:00 GMT

Jordan, Singapore Ink New Agreements to Boost Economic Cooperation

Apple is asking customers to stop using affected 15-inch MacBook Pro units
June 22nd, 2019 - 12:00 GMT

Apple Recalls MacBook Pros Over Fire Risk

Facebook has clearly started a new chapter on digital currencies
June 22nd, 2019 - 08:00 GMT

Facebook Virtual Currency Confronts Real-World Resistance

The number of families visiting the UAE is expected to increase if the visa fee on children is waived.
June 22nd, 2019 - 06:00 GMT

Visa Waiver for Children Under 18 to Boost Tourism in UAE

There is no doubt that a severe disruption to the transit of oil through this vulnerable route would be extremely serious
June 22nd, 2019 - 05:00 GMT

Crude Prices Up Due to Fears of US Attack on Iran

The Ministry of Tourism has recently developed a plan to support all hotels, resorts, amusement parks and restaurants
June 20th, 2019 - 01:00 GMT

Tunisia Approves Security Plan to Boost Tourism

OPEC committee sees global oil inventories shrinking by almost 500,000 barrels a day if the group keeps restraining supplies.
June 20th, 2019 - 12:30 GMT

OPEC+ Meeting to Be Held on July 1-2 in Vienna

The consumer goods category has dropped considerably in this year's study
June 20th, 2019 - 11:00 GMT

These Are UAE's 10 Most Intimate Brands in the Consumer Goods Industry

The Ministry of Labor announced the employment of 64,000 Saudis through a number of agreements with public and private entities
June 20th, 2019 - 10:30 GMT

Saudi Reforms Provide Jobs to 64,000 Nationals in Q1 2019

China could also be importing Iranian oil
June 20th, 2019 - 10:00 GMT

China Continues Buying Liquefied Petroleum Gas From Iran Despite US Sanctions

The sector's short-term loans -- debt that must be paid in the next 12 months -- decreased by $3.6 billion to $11.8 billion during the same period.
June 20th, 2019 - 09:30 GMT

Turkey's Private Sector External Debt Decreases in April

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