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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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Russia’s trade representative office in Tehran also expressed its readiness to help Iranian traders and businesspersons in relevant issues
June 17th, 2019 - 12:00 GMT

Russia to Issue Visa to Iranian Industrialists, Economic Activists

The 2015 nuclear accord caps the level of purity to which Iran can enrich uranium at 3.67 percent.
June 17th, 2019 - 11:48 GMT

Iran to Surpass the Uranium Stockpile Limit Set Under the Nuclear Deal

Apple's year-over-year unit sales have dropped by 22.73%, while Samsung has lost 6.82%.
June 17th, 2019 - 11:30 GMT

Apple Loses to Huawei in Europe

In addition to banning expats in 35 job categories, the second proposal tabled yesterday would also raise the minimum wage of Bahrainis to at least BD550
June 17th, 2019 - 11:00 GMT

Bahrain Mulls Banning Expat Recruitment in 35 Professions

The privatization drive is part of Vision 2030
June 17th, 2019 - 10:30 GMT

Saudi Arabia to Finalize Privatization Deals Worth $533 Million

Global economic risks remain skewed to the downside.
June 17th, 2019 - 09:56 GMT

Report: Global Output Expansion to Decline to 3.4 Percent in 2020

Erdogan noted that Turkey, Greece and the UK are the guarantor countries of Cyprus, and those countries are speaking as the guarantors.
June 17th, 2019 - 09:30 GMT

Turkey Exempts Exporters From Exchange Tax When Buying Foreign Currency

The two countries maintain close ties in hydrocarbons trade and work jointly on peaceful nuclear power projects in Iran.
June 17th, 2019 - 09:00 GMT

Russia, Iran Bilateral Trade Exceeds $1.7 Billion in 2018

Jordan’s tourism revenue during the first quarter of the year increased by 6.1 per cent to $1.746 billion
June 17th, 2019 - 08:30 GMT

45 Percent of Jordan's Tourists in May Are From Europe

 The plan includes the expansion of the terminal building and increasing the airport’s capacity to 20 million passengers by 2025.
June 17th, 2019 - 08:00 GMT

Sharjah Issues Tenders for $408 Million Airport Expansion Project

The ultimate scope and duration, and therefore the impact, of any bans are not yet certain.
June 17th, 2019 - 07:00 GMT

S&P: Bans on Huawei Ban to Affect Tech More Than Telecom

Travel and tourism registered the second-strongest overall improvement in business conditions on record (59.5) despite a slight fall in jobs
June 17th, 2019 - 06:30 GMT

Trade, Travel Stimulate the Business Boom in Dubai

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