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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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On a monthly basis, Saudi transfers increased by 22.7 percent.
July 2nd, 2019 - 08:00 GMT

Remittances of Expats in Saudi Arabia Drop by 21.6 Percent in May

SANS Training session
July 2nd, 2019 - 07:36 GMT

SANS Institute to Enhance Critical and Strategic Cybersecurity Skills in Saudi Arabia

During the event
July 2nd, 2019 - 07:30 GMT

Amazon’s PAYFORT Enters Partnership with Government of Ajman to Provide Payment Facilities via AjmanPay

Arab countries declined in the investment attractiveness index for 2019.
July 2nd, 2019 - 07:30 GMT

Qatar's Foreign Direct Investment Drops 322 Percent

The solar panel initiative will also be integrated into Al-Futtaim’s new lifestyle shopping destination in Jebel Ali
July 2nd, 2019 - 07:16 GMT

Dubai Festival City Mall Contributing to UAE’s Green Economy Goals

Consumers are more likely to increase use of digital channels if banks increase security
July 2nd, 2019 - 07:10 GMT

Digitization the Only Way for Banking Sector… It Won’t Threaten Jobs

During the event
July 2nd, 2019 - 07:07 GMT

Ericsson’s 5G Leadership in Europe Awarded at World 5G Summit

DAMAC Akoya Handover
July 2nd, 2019 - 06:47 GMT

DAMAC Welcomes the First Residents of AKOYA

During the event
July 2nd, 2019 - 06:38 GMT

IDB Holds Workshop at ZonesCorp to Raise Awareness on Labour Health and Safety Regulations in Industrial Facilities

Canada came out on top, with 58 per cent of respondents saying they would consider a move to the country.
July 2nd, 2019 - 06:30 GMT

Survey: Canada Top Relocation Destination for UAE Residents

Huawei is giving consumers a premium experience and the freedom of going completely wireless.
July 2nd, 2019 - 06:22 GMT

Huawei Launches Its Latest Wireless Earphones HUAWEI FreeLace in Saudi Arabia Featuring HUAWEI HiPair That Supports Easy Pairing and Fast Charging

Total expenditure stood at SR217 billion ($57 billion), an increase of eight percent compared to the same period last year.
July 2nd, 2019 - 06:00 GMT

Saudi Economy Grows 1.66 Percent in 2019

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