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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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Often new cryptocurrency exchanges are located in obscure places where regulation is not mature.
April 18th, 2019 - 10:19 GMT

Here's What to Expect When You List Your Token on a Rogue Cryptocurrency Exchange

UAE economy has survived the slowdown witnessed in 2015-2016.
April 18th, 2019 - 10:06 GMT

UAE’s Nominal GDP to Grow 4.7 Percent in 2019: IMF

Ettienne Reinecke, Chief Technology Officer, Dimension Data
April 18th, 2019 - 10:27 GMT

Dimension Data and Cisco Announce Co-Innovation Partnership

Roads were reportedly blocked in the Lebanese capital as part of the protest.
April 18th, 2019 - 10:09 GMT

Public Sector Employees Go on Strike in Lebanon, Protesting Possible Wage Cuts

During the meeting, the two sides expressed their opposition to the US sanctions and US terrorism designation of Iran’s IRGC.
April 18th, 2019 - 10:03 GMT

Iran to Strengthen Economic Ties With Turkey

The trade deficit tumbled 3.4 percent to $49.4 billion in February.
April 18th, 2019 - 08:37 GMT

US Trade Deficit Hits 8-Month Low Amid China's Imports Plunge

Saudi Arabia reopened a consulate in Baghdad which had been closed for 30 years. 
April 18th, 2019 - 08:00 GMT

Saudi Arabia, Iraq Sign 13 Agreements Covering Vital Fields

Iraqi media had, for months, alleged that addiction to playing PUBG had caused marital disputes and even divorces.
April 18th, 2019 - 08:00 GMT

Iraq Bans PUBG, Fortnite for Promoting Violence

Lebanese truly believe that is a basic right of every tax-paying citizen to have a functioning government in place.
April 18th, 2019 - 07:41 GMT

Consumer Confidence Remains Low in Lebanon Despite Government Formation

Residential units in investment areas will now be registered under Abu Dhabi's freehold law.
April 18th, 2019 - 07:30 GMT

Real Estate Law Reform Allows Expats to Own Freehold Property in Abu Dhabi

In 2018, tourism revenue surpassed the $5 billion mark, signifying an 8 per cent increase from 2017’s $4.6 billion.
April 18th, 2019 - 07:27 GMT

Jordan's Tourism Revenue Hits $1.3 Billion in Q1 2019

Saudi Vision 2030 is ramping up the Kingdom’s tourism infrastructure – for both more domestic tourism by Saudi nationals and international visitors.
April 18th, 2019 - 07:09 GMT

Saudi Arabia Focuses on Smart Facilities to Fuel Tourism Sector

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