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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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Adnoc has opened its first fuel stations in Dubai and Saudi Arabia.
April 28th, 2019 - 12:18 GMT

Report: Adnoc Most Valuable Brand in the Middle East

A $3B fine will mean a $34.5 penalty per affected user and $1.26 per its 2.38 billion monthly active users - pocket change for FB.
April 28th, 2019 - 11:17 GMT

What Does a $3 Billion Fine Mean to Facebook?

US President Donald Trump.
April 28th, 2019 - 09:49 GMT

Trump: Japan to Invest $40 Billion in US Car Factories

The Spectrum of the Seas crossed the canal from north to south during its maiden voyage.
April 28th, 2019 - 09:40 GMT

World's Largest Passenger Ship Pays $964,000 to Cross Egypt's Suez Canal

The breakdown of data showed that 3.3 million tonnes of imported Brazilian products worth $240.37 million went to Oman.
April 28th, 2019 - 09:34 GMT

Brazil’s Exports to Arab Region Exceed $3 Billion in Q1 2019

Tickets will go on sale for the general public in April 2020.
April 28th, 2019 - 09:26 GMT

Interested in Attending Expo 2020 Dubai? Here's All the Info You Need

UAE and Saudi Arabia collectively accounted for 79 per cent of the announced transactions during first quarter 2019.
April 28th, 2019 - 08:09 GMT

Report: Saudi Arabia Leads GCC Merger & Acquisition Transactions

Oman scooped four regional awards at 2019 MEED Projects Awards.
April 28th, 2019 - 07:59 GMT

Oman Awarded in the Region for Its High Quality Projects

The end of the exemptions sparked fears of supply shortages, pushing oil prices to near six-month highs.
April 28th, 2019 - 07:17 GMT

Putin: Russia Won't Immediately Raise Oil Output After Iran Waivers End

During Sheikh Mohammed's visit to Beijing, major deals were signed and investments including the launch of 60 million square feet station at the new Silk Road in Dubai for Expo 2020.
April 28th, 2019 - 07:08 GMT

UAE-China Bilateral Trade to Soar to $70 Billion

Mubadala Investment Company will support the fund with the endeavour to leverage Mubadala’s networks locally and around the world.
April 28th, 2019 - 06:31 GMT

Abu Dhabi Global Market to Receive $1 Billion Investment Fund

The UAE will highlight the country's achievements and innovation in agriculture at the exhibition, which will run in Yanqing District, Beijing, from April 29 to October 7.
April 28th, 2019 - 06:13 GMT

All You Need to Know About UAE's Participation in Beijing Expo 2019

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