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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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Tourism statistics for the quarter showed a remarkable increase in the use of the Kingdom’s ports of entry.
June 4th, 2019 - 06:00 GMT

Bahrain to Open 22 Hotels in the Next 4 Years

Dubai, is composed of some of the most innovative luxury holiday homes, 13 theme hotels and the Floating Seahorse villas
June 3rd, 2019 - 01:00 GMT

You Can Now Get Your EU Passport When You Invest in the 'Heart of Europe'

Bahrain has issued a new edict allowing foreign companies to own 100 per cent of oil and gas drilling activities in the kingdom. 
June 3rd, 2019 - 12:30 GMT

Bahrain Grants Full Foreign Ownership in Oil, Gas Drilling

Abu Dhabi's fiscal position is underpinned by significant oil production volumes and impacted by oil price movements
June 3rd, 2019 - 12:00 GMT

Report: Abu Dhabi's GDP to Grow 2.5 Percent over 2019-2022

Turkey's benchmark stock index started the week down 0.28%
June 3rd, 2019 - 11:30 GMT

Turkey Commences the Week with a Slight Decrease in Stock Market

many proposals for softer forms of Brexit have already been made and all failed to achieve a parliamentary majority.
June 3rd, 2019 - 11:00 GMT

Report Reveals the Effects of Brexit's Uncertainty on UK's Economy

The Wall Street Journal cited US security officials as saying that undersea cables built by Huawei could be vulnerable to espionage by the Chinese state.
June 3rd, 2019 - 10:30 GMT

Huawei to Sell Its Undersea Cable Business

The issues lasted for more than an hour before Google claimed to have located the issue and said it had been fixed.
June 3rd, 2019 - 08:30 GMT

Google Cloud Rains Issues on the Entire Internet

Of the funding requirements, $702.9 million was allocated for refugees.
June 3rd, 2019 - 08:00 GMT

Jordan Receives 4.6 Percent from Funding Required for Aid Program

The basic problems of Pakistan are productivity growth and lower tax income.
June 3rd, 2019 - 07:30 GMT

Has the IMF Been Prescribing the Wrong Medicine for Pakistan?

Population growth was flat in 2018 due to a government exercise to clear old and inactive employment visas from population statistics.
June 3rd, 2019 - 07:00 GMT

Report: Bahrain’s GDP Growth to Reach 2.4 Percent Over 3 Years

Turkey's exports to Iran reached a record high of $9.9 billion, but in 2017 it fell sharply to $3.3 billion.
June 3rd, 2019 - 06:30 GMT

Iran, Turkey to Come over US Sanctions by Establishing a Joint Bank

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