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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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Cairo needs to increase investment in the sector and activate the role of the Supreme Council for Traffic Safety
June 9th, 2019 - 12:00 GMT

Egypt to Start Privatization of Public Transport Sector

Doha insists that it has emerged stronger than ever from its crisis.
June 9th, 2019 - 11:30 GMT

Qatar Is Entering Third Year of the Blockade and No Lessons Learnt

A little over a year ago, the Education Ministry introduced an initiative called Future Gate to promote digital learning and “change the whole setting” in schools.
June 9th, 2019 - 10:30 GMT

Digital Transformation of Education Sector Vital for Saudi Arabia’s Vision 2030

The International Monetary Fund warned last week that the trade conflict would cut global growth next year.
June 9th, 2019 - 09:30 GMT

G20 Finance: ’Intensified ‘ Trade Row but No Desire for Resolution

Iran confirmed attending the upcoming OPEC meeting in Vienna later in June.
June 9th, 2019 - 09:00 GMT

Iran: No Intentions to Leave OPEC

Trump's tariff threat has placed him at odds with not only the U.S.'s southern neighbor
June 9th, 2019 - 08:30 GMT

Trump: Mexico Will Have a ‘Good Chance’ of Reaching an Agreement

Huawei shipped more than 100,000 5G base stations, ranking top in the world
June 9th, 2019 - 08:00 GMT

Huawei Obtains 46 Commercial 5G Contracts In 30 Countries

Growth in receipts was fuelled by strong demand for international travel in the context of a robust global economy.
June 9th, 2019 - 07:30 GMT

4 Percent Increase in Exports From International Tourism

The real estate transactions over the past five-month period included completed and ongoing deals.
June 9th, 2019 - 07:00 GMT

The Value of Real Estate Transactions in Dubai Rose to Over Dh34 Billion

Global gas demand is expected to grow
June 9th, 2019 - 06:30 GMT

IEA: Global Gas Demand to Grow at 1.6 Percent Yearly Until 2024

Brent and WTI crude prices rose to $63.29 and $53.99 per barrel respectively.
June 9th, 2019 - 06:00 GMT

Oil Prices Continue to Fall As Volatile Market Described Worst Since the Financial Crisis

The pact ends this month and the group meets in coming weeks to decide their next move
June 8th, 2019 - 03:00 GMT

Opec Close to Deal on Oil Output Cut Extension

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