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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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Arab Banking Conference highlights economic diversification.
April 24th, 2019 - 09:27 GMT

Arab Banking Conference Sheds Lights on Importance of Economic Diversification

According to available data, it does not indicate that Lebanon is on the verge of bankruptcy.
April 24th, 2019 - 09:19 GMT

Salameh Assures the Public that Lebanon is not Headed for Bankruptcy

The Sultanate’s rental market had a better first quarter of 2019.
April 24th, 2019 - 09:05 GMT

Why Rental Prices Keep Falling in Oman

Investments in Bahrain's real estate sector is safe and rewarding.
April 24th, 2019 - 08:58 GMT

Bahrain's Economy Relies on Real Estate, Construction Sectors

Expo 2020 Dubai will be the first World Expo in the Middle East, Africa and South Asia (MEASA) region.
April 24th, 2019 - 08:42 GMT

Expo 2020 to Transform Dubai Exhibition Centre Into Global Events Hub

The Ministry will showcase a new model for next generation government operations to the world.
April 24th, 2019 - 08:27 GMT

UAE Reaches Another Milestone by Launching World’s First Ministry of Possibilities

The residential sector saw a shift from sales to rentals with significant rental increases recorded on the back of limited supply of rental property in Greater Cairo.
April 24th, 2019 - 08:15 GMT

Report: Cairo's Real Estate Sector Performs Positively in Q1 2019

The government sector will continue to hire job seekers, while insinuating that the issue of replacing foreigner employees by Omani nationals in the public sector will be studied urgently.
April 24th, 2019 - 06:43 GMT

Oman Blames Low Oil Prices on Freezing Projects, Job Promotions

The Kingdom's sector is experiencing positive market indications with the increase of investments in infrastructure.
April 24th, 2019 - 06:33 GMT

Bahrain: A New Promising Regional Business Hub

The U.S. expect Saudi Arabia to play the oil-rich puppet which is ready to offset the losses from Iranian oil.
April 24th, 2019 - 05:46 GMT

What Role Would Saudi Arabia Play in the Iran Sanctions Scenario?

ECBM clarified in a report that cement exports in February recorded $8 million.
April 23rd, 2019 - 10:11 GMT

Egypt’s Exports of Cement Drop to $19 Million

The United States is looking to sign a new agreement with Iran that covers its nuclear and missile programs.
April 23rd, 2019 - 09:27 GMT

US to Sign New Nuclear, Missile Programs Agreements With Iran

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