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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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The government had, a few months ago, announced a major initiative to increase the hiring of new Bahraini graduates.
June 16th, 2019 - 07:12 GMT

Bahrain Mulls Imposing BD20,000 Fine on Firms 'Not Prioritising Hiring Nationals'

An Iranian navy boat tries to stop the fire of an oil tanker after it was attacked in the Gulf of Oman.
June 16th, 2019 - 06:56 GMT

UK to Send 100 Royal Marines to Strait of Hormuz to Protect British Ships

The report showed that the growth rate of investment flows in Bahrain reached 6%.
June 15th, 2019 - 05:00 GMT

2.73 Percent Growth in Bahrain’s Economy In First Quarter of 2019

The average house price in May was Dh2.5 million
June 15th, 2019 - 03:00 GMT

14.5 Percent Drop in Dubai's House Prices in May

In the last five working days, the rupee has lost Rs7.70 against the dollar and it is expected to remain under pressure in the coming weeks
June 15th, 2019 - 06:10 GMT

Pakistani Rupee Hits All-Time Low Against US Dollar

There are 1 billion cellular IoT connections globally, a figure that is expected to rise to 4.1 billion by the end of 2024
June 14th, 2019 - 09:00 GMT

5G Coverage to Reach 45 Percent of the World’s Population by 2024

Brent crude futures were up $1.71, or 2.85 percent, at $61.68 a barrel by 0908 GMT, having risen as much as 4.45 percent to $62.64.
June 14th, 2019 - 07:30 GMT

Oil Prices Rise Following the Tanker Attack in Gulf of Oman

Its applications to trademark the OS show Huawei wants to use “Hongmeng” for gadgets ranging from smartphones, portable computers to robots and car televisions.
June 13th, 2019 - 12:30 GMT

Huawei Applies to Trademark Mobile OS in an Attempt to Defeat US Ban

An Iranian worker at Iran Khodro factory in 2018.
June 13th, 2019 - 12:00 GMT

Iran Auto, Defense Industries Mull Tie-Up to Overcome Sanctions

The US Treasury Wednesday unveiled the sanctions against the company and two of its associates claiming they had ties with Iran's Islamic Revolutionary Guard Corps.
June 13th, 2019 - 11:30 GMT

US Unveils Sanctions Against Iraqi Company Over Ties With Iran

Named Chandrayaan-2, the craft is made up of an orbiter, a lander and a rover developed by the Indian Space Research Organisation (ISRO).
June 13th, 2019 - 11:00 GMT

India Reveals Spacecraft for Next Month's Moon-Landing Mission

The new wells aim to ultimately contribute to Jordan’s total energy mix.
June 13th, 2019 - 10:30 GMT

Jordan to Drill Three New Gas Wells

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