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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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Ducab opens new staff accommodation AC
July 7th, 2019 - 09:12 GMT

Ducab Invests in Employee Wellbeing With Launch of New Residential Complex

Ahmad Bin Shafar, CEO of Empower.
July 7th, 2019 - 09:09 GMT

Empower Successfully Renewed ISO27001:2013 Certificate

Iran set up and registered a counterpart to INSTEX called Special Trade and Financing Instrument between Iran and Europe (STFI) to pave the way for bilateral trade. 
July 7th, 2019 - 09:02 GMT

INSTEX Halted Due to EU Procrastination in Bank's Introduction to Iran

That is the equivalent of all Japanese exports grinding to a halt for two years.
July 7th, 2019 - 08:40 GMT

US-China Trade War Could Cost the World Nearly $1.5 Trillion in Lost Trade

Continental glasses free 3D effect-Lightfield display allows 3D depth perception
July 7th, 2019 - 08:39 GMT

Safe, Clean, Intelligently Connected: Continental Brings IAA Trend Technologies Into Production

Abu Dhabi National Insurance Company
July 7th, 2019 - 08:35 GMT

ADNIC Launches WhatsApp Business Services

Ahmed Fawzi Kanoo, Director at YBA Kanoo Group in center with YBA Kanoo’s IT team
July 7th, 2019 - 08:30 GMT

YBA Kanoo Achieves ISO for Information Security Management Systems

Saudi Arabia's Energy Minister Khaled al-Falih arrives at the headquarters of the Organization of the Petroleum Exporting Countries (OPEC) for meeting on July 01, 2019 in Vienna, Austria.
July 7th, 2019 - 08:28 GMT

Saudi Increased Oil Supply Failed to Offset Iran, Venezuela Losses in June

Omar Tahboub, General Manager, Bayt.com
July 7th, 2019 - 08:18 GMT

7 in 10 UAE Professionals Want to Start their Own Business, Finds Bayt.com and YouGov

The sharp outflows of foreign funding sparked by the June 2017 outbreak of the GCC crisis have gradually reversed over 2018.
July 7th, 2019 - 08:08 GMT

Qatari Banks’ Outlook Stable Despite Blockade

The top 10 per cent of workers in the world receive 48.9 per cent of total global pay and the bottom 50 per cent earn just 6.4 per cent.
July 7th, 2019 - 07:44 GMT

Over 35 Percent of Jordan’s Labour Income Goes to 10 Percent of Workers

Helmut Bracun, GM of Classifieds for dubizzle
July 7th, 2019 - 07:30 GMT

21% Increase in Mobile Traffic on Dubizzle Classifieds During Ramadan

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