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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 minister had previously said that it would include austerity measures and reductions in spending in a bid to ease the budget deficit.
May 2nd, 2019 - 09:38 GMT

Lebanese Retired Public Workers Protest Salary Cuts

Qatar is witnessing an all-round renaissance and development, especially in the economic, developmental and social fields.
May 2nd, 2019 - 08:47 GMT

On Labour Day, Qatar Declares Its Commitment to Protect Workers’ Rights

exports from Qatar to Sweden were worth US$ 258m in 2018 and US$ 181 million in 2017
May 2nd, 2019 - 08:29 GMT

Sweden: Blockade a Blessing in Disguise for Qatar

People can pay their dues from salary e-cards, credit cards, debit accounts, and pension cards or buy rechargeable cards to conduct their transactions
May 2nd, 2019 - 07:31 GMT

Egypt Launches First Government E-Payment Channel

Aramex’s Q1 2019 Revenues grew by 4% to AED1,234 million
May 2nd, 2019 - 07:16 GMT

Aramex Net Profit Exceeds $29 Million in Q1 2019

Entrepreneurs and their families will be provided with a five-year renewable residency visa.
May 2nd, 2019 - 07:03 GMT

UAE Launches 5-Year Entrepreneur Visa

Iranian Foreign Minister Mohamed Javad Zarif.
May 2nd, 2019 - 06:19 GMT

Iran Against the GCC Pressure on Qatar

Ministry of Tourism (MoT) along with other stakeholders is working to make Oman one of the top sports and adventure destinations in the world.
May 1st, 2019 - 09:00 GMT

Oman Aims to Become Top Sports, Adventure Destination

Omani banks have recorded a healthy increase in margins.
May 1st, 2019 - 09:00 GMT

Report: Banking Sector in Oman Shows Healthy Growth

Currently, the vast majority of countries across Europe require a prior visa for Bahrainis.
May 1st, 2019 - 09:00 GMT

Bahrain Requests Easier Schengen Visa Rules

Almost 18 million Iranians had Samsung phones as of February 2018.
May 1st, 2019 - 09:14 GMT

Samsung, LG to Remain in the Iranian Market Despite US Pressure

The Gaza fishermen's union said the limit was then set at 15 nautical miles in the south near the Egyptian border.
May 1st, 2019 - 08:47 GMT

Fishermen in Gaza to Face More Challenges After the Reduction of Fishing Zone

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