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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 UAE gross bank assets, including the bankers’ acceptances, hit $786 billion in March.
April 25th, 2019 - 10:13 GMT

UAE Gross Bank Assets Down to $786 Billion in March

Trump tweeted earlier on Tuesday that he would have more followers if Twitter wasn't playing their political games.
April 25th, 2019 - 10:01 GMT

Trump Meets Twitter CEO After Accusing the Company of 'Playing Political Games'

Ghosn has denied all four charges against him.
April 25th, 2019 - 08:56 GMT

Ghosn Set out of Detention After Posting $4.5 Million Bail

Turkey's e-commerce volume surged 42% year-on-year in 2018.
April 25th, 2019 - 07:47 GMT

Turkey's E-commerce Reaches Nearly $16 billion in 2018

In the end the pressure (America) is putting out is on the people.
April 25th, 2019 - 07:12 GMT

Iranians Brace for More Pain as US Oil Sanctions Close In

In the end the pressure (America) is putting out is on the people.
April 25th, 2019 - 07:12 GMT

Iranians Prepared for Harder Times Amid US Abolition of Waivers

85 percent of the funds to finance the project are now available.
April 25th, 2019 - 06:52 GMT

World’s Tallest Residential Tower to Be Constructed in Bahrain

Facebook has had several high-profile privacy lapses in the past couple of years.
April 25th, 2019 - 06:38 GMT

Facebook Expects Up to $5 Billion Fine Over Privacy Violation

Reform of the financial infrastructure of the property market is regarded as crucial to Saudi Arabia’s Vision 2030 reform plans.
April 25th, 2019 - 06:15 GMT

Saudi Arabia Reaps Profits from Real Estate Reforms

Better public services and sustainability lift UAE's ranking.
April 25th, 2019 - 06:10 GMT

UAE Rated as Most Stable Arab Nation in 2019

Voltamp is one of the leading companies specialised in energy solutions in the Sultanate as well as those of the entire Gulf region.
April 25th, 2019 - 06:01 GMT

New Technology to Reduce Power Loss by 30 Percent in Oman

The index lists iPhone, an Apple brand, as the second ranked brand.
April 24th, 2019 - 09:42 GMT

Saudis Choose Apple as the Best Place to Work For

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