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BUSINESS

BUSINESS latest

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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During the event
July 10th, 2019 - 09:13 GMT

Her Excellency Sheikha Hind Participates in United Nations Discussion on Driving Sustainable Development Through Quality Education

According to the latest World Bank MENA Economic Update report, the foundations for a complete digital transformation in the GGC region already exist.
July 10th, 2019 - 09:11 GMT

5G's Impact on the Digital Economy in GCC

Jeep Grand Cherokee Trackhawk Baikal
July 10th, 2019 - 09:03 GMT

Jeep® Grand Cherokee Trackhawk Sets SUV Speed Record On the Ice of Lake Baikal

The new Splash store at Al Wahda Mall
July 10th, 2019 - 08:26 GMT

Splash Opens New Store at Al Wahda Mall

Saudi banks’ keenness to provide POS terminals for gas stations, other shops, and commercial and service establishments.
July 10th, 2019 - 08:07 GMT

Gas Stations to Provide E-Payment Service in Saudi Arabia

Apple store at The Dubai Mall.
July 10th, 2019 - 07:58 GMT

Apple to Launch Customized Arabic App Store in September

IMF called for energy sector reforms to eliminate quasi-fiscal losses and encourage investment, including by depoliticising gas and power tariff setting.
July 10th, 2019 - 07:46 GMT

IMF Approves Disbursal of First Tranche of $1 Billion Loan to Pakistan

Of the 34 awarded contracts, around 50 per cent went to high-caliber Saudi firms that have proven their ability to handle complex projects.
July 10th, 2019 - 07:33 GMT

Saudi Aramco Awards $18 Billion Contracts to Boost Production Capacity

ShipTech 2019 Advisory panel
July 10th, 2019 - 07:32 GMT

New Advisory Panel Named for Seatrade ShipTech Middle East 2019

Khalid Al Zarouni, Senior Vice President & Registrar of Companies at DIFC Authority
July 10th, 2019 - 07:24 GMT

Dubai International Financial Centre Continues to Prioritise Ease of Doing Business with Introduction of New Licencing Categories & Fees

CSIS's report points out that the counterfeit application even offers bogus SIM unlocking for $19.99.
July 10th, 2019 - 07:19 GMT

Google Suspends Samsung App Over Violating Policies

Since Cleveland Clinic began the clinical trial, the team has completed five uterus transplants; three transplants were successful and two resulted in hysterectomies.
July 10th, 2019 - 07:03 GMT

Cleveland Clinic First in North America to Deliver Baby From Deceased-Donor Uterine Transplant

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