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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 “no-backdoor” agreement on paper seems like a lucrative option and an attempt to convince the government of one of the biggest markets in the world to allow Huawei in.
July 1st, 2019 - 06:53 GMT

Will India Accept Huawei's 'No-Backdoor' Offer?

Representative from Dubai Chamber Azerbaijan's office.
July 1st, 2019 - 06:33 GMT

Dubai,Ukraine Non-Oil Trade Soars to $571 Million in 2018

As part of its enhancing its legal and regulatory framework, the DIFC Authority recently enacted new insolvency and employment laws.
July 1st, 2019 - 06:22 GMT

Dubai Introduces Flexible Regulatory Regime for Certain Firms

The UAE levied 5 per cent VAT on selected goods and services from January 1, 2018, in order to boost revenues and diversify economy away from hydrocarbon dependence.
July 1st, 2019 - 06:14 GMT

Dubai Receives 42 Percent of UAE's Total VAT Revenue

 Some economists have urged West Africa to hold on to national currencies.
July 1st, 2019 - 06:04 GMT

15 African Nations Adopt ECO as Single Currency

ADX continuously seeks to launch new initiatives aimed at diversifying investment products available to its stakeholders.
June 30th, 2019 - 11:16 GMT

Abu Dhabi Securities Exchange Reduces Its Trading Commission Fees by 50 Percent up to 90 Percent

Feras bin Abdullah Al Sheikh, Director of Consumer Sales at Ooredoo
June 30th, 2019 - 11:10 GMT

Ooredoo Adds New 4G Passport Partners From Around the World

The massive snow play park will maintain an inside temperature of -2C, with a snow depth of 500mm.
June 30th, 2019 - 11:02 GMT

World's Largest Snow Park to Open in Abu Dhabi

The officials said 2,657,979 expatriates were arrested for violating the system of residency, 525,532 for violating labor regulations and 225,180 for breaching border security.
June 30th, 2019 - 10:53 GMT

Over 3 Million Illegal Expats Arrested in Saudi Arabia

During the event
June 30th, 2019 - 10:41 GMT

GEMS Education Schools Are First in the UAE to Be Awarded High Performance Learning World Class School Status

The virus is named OSX/Linker.
June 30th, 2019 - 10:31 GMT

Israeli-Made Virus Infects Apple's Macs

Park Hyatt Abu Dhabi Hotel and Villas.j
June 30th, 2019 - 10:28 GMT

Fitness Meets Luxury With Park Hyatt Abu Dhabi Hotel and Villas’ Summer Special Day Pass

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