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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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Tunisia's prediction to host 9 million tourists in 2019
May 7th, 2019 - 07:23 GMT

Tunisia Welcomes Over 2.2 Million Tourists so Far in 2019

In 2018, GCC Islamic banks expanded slower than conventional peers for the first time in five years
May 7th, 2019 - 07:00 GMT

S&P: GCC Islamic Banks to Show Resilience in 2019,2020

Blocking an online website is a process that is usually done based on reports from users or by a team of moderators working at the service-providing companies
May 7th, 2019 - 05:53 GMT

Over 200 Websites Blocked in UAE

Some 13.3 million bags, down 0.9 per cent, passed through Dubai International's 175 km long baggage system during the first quarter of the year. 
May 6th, 2019 - 11:57 GMT

Dubai Airport Welcomes Over 22 Million Passengers in Q1 2019

The UAE and Saudi Arabia have jointly reviewed the latest prospects of co-operation in the field of infrastructure development.
May 6th, 2019 - 11:35 GMT

UAE, Saudi Arabia Work on Major Infrastructure Projects

Twitter must not be a tool with some Arab dictatorships!
May 6th, 2019 - 11:13 GMT

On World Press Freedom Day, Twitter Suspends an Arab Newspaper

The medical bills, accumulated by Libyans at 30 different private Jordanian hospitals, were to be paid back in three phases this year, per an agreement signed in November 2018.
May 6th, 2019 - 09:50 GMT

Libya Fails to Pay $350 Million Debt to Private Hospitals in Jordan

Most of the foreign direct investment Egypt attracts goes towards its energy sector. 
May 6th, 2019 - 09:26 GMT

World's Largest Solar Installation in Egypt to Be Fully Operational This Year

According to ISFU, there were several challenges to overcome to see this initiative passed through.
May 6th, 2019 - 09:05 GMT

Oman to Allow 100 Percent Property Ownership for Expats

Jordan and the IMF signed the 36-month programme in 2016.
May 6th, 2019 - 07:19 GMT

Jordan Discusses New Development Programme With IMF

The soft loan is likely to be approved by the World Bank’s board meeting in June.
May 6th, 2019 - 07:08 GMT

Jordan, World Bank to Discuss Details of $1 Billion Loan

Around 40 Greek companies held talks with 100 Qatari firms, exploring the prospects for cooperation in commerce and investments.
May 6th, 2019 - 06:54 GMT

Qatar-Greece Bilateral Trade Volume Reaches $80 Million in 2018

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