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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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The lender announced the job losses on Sunday as part of a restructuring plan that will ultimately cost $8.31 billion.
July 8th, 2019 - 08:29 GMT

Deutsche Bank Starts 18,000 Global Job Cuts by Eliminating Teams in Asia-Pacific

Bahri
July 8th, 2019 - 08:28 GMT

Bahri Launches ‘iSupplier’ Platform to Streamline Procurement

Saeed Mohammed Al Tayer with a high-level delegation from the Brunei Ministry of Energy, Manpower, and Industry, MEMI.
July 8th, 2019 - 08:14 GMT

Dubai Explores Cooperation Opportunities With Brunei

Omar Tahboub, General Manager, Bayt.com
July 8th, 2019 - 08:07 GMT

8 in 10 Jordan Professionals Want to Start Their Own Business, Finds Bayt.com and YouGov

Shams Al Doseri.
July 8th, 2019 - 08:00 GMT

Gulf Air Appoints Its First Bahraini Female Country Manager

Jamal Abdulla Lootah, the President and Co-Founder of the Middle East Facility Management Association
July 8th, 2019 - 07:43 GMT

Middle East Facility Management Association President Named Among World’s Most Powerful Arabs

In terms of geographic locations where sales activity was the most dynamic, Al Reem Island topped the list with transactions worth more than Dh4.371 billion.
July 8th, 2019 - 07:30 GMT

Abu Dhabi's H1 Real Estate Transactions Generate $8.4 Billion

Ericsson estimates that 5G subscriptions are expected to reach 1.9 billion in 2024 – 400 million more than earlier forecasts.
July 8th, 2019 - 07:18 GMT

Ekholm: Time Has Proven Ericsson to Be a Trusted Partner in China

The SureLab SL-D800 commercial photo production printer
July 8th, 2019 - 07:09 GMT

Epson Announces a Compact, Commercial Photo Printer That Supports a Wide Range of Formats

Kuwait Airport.
July 8th, 2019 - 07:00 GMT

Kuwait Testing Facial Recognition Technology in Its Airport

Aston Martin Lagonda is continuing its expansion into Saudi Arabia
July 8th, 2019 - 06:55 GMT

Aston Martin Boosts High-Profile Presence in the Kingdom With Launch of Third National Location in Khobar

The on-site hotel that caters to the Abu Dhabi National Exhibition Centre’s business tourism needs was the first Hyatt property in the emirate.
July 8th, 2019 - 06:38 GMT

Andaz Capital Gate Abu Dhabi Among 15 Best New Hotels in Middle East

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