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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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Manheim, PA - October 1, 2016: People enthusiastically wave Make America Great Again Signs at a Donald Trump campaign rally.
June 27th, 2019 - 09:23 GMT

Will Trumponomics Make America Great Again?

Talal Abu-Ghazaleh
June 27th, 2019 - 09:14 GMT

Lebanon’s Ministry of Education Acknowledges “Talal Ibn Adibeh” Story as a Cultural Resource

Representatives from Balqaa Applied University and Huawei Jordan pose for a photo during a signing ceremony in Shenzhen, China. (PETRA)
June 27th, 2019 - 09:10 GMT

Huawei to Launch ICT Academy in Jordan

The rupee has been consistently falling due to widening trade deficit, dwindling foreign exchange reserves and free-float exchange rate mechanism agreed with the IMF.
June 27th, 2019 - 08:59 GMT

Pakistani Rupee Hits Another Life-Time Low Against US Dollar

Peter Firstbrook, VP Analyst, Gartner
June 27th, 2019 - 08:56 GMT

Gartner Top 7 Security and Risk Trends for 2019

According to Mercer, the ranking of other Gulf cities also moved up due to the pegging of their currencies to the greenback but actual cost of living went down some of those cities.
June 27th, 2019 - 08:52 GMT

Abu Dhabi, Dubai Among Top 30 Cities in New Cost of Living Index

The film project marks director Yahya Mourad's debut feature film. The award offers marketing and distribution services across the Arab world to the winning film project.
June 27th, 2019 - 08:42 GMT

MAD Solutions Grants Its Distribution Award to Director Yahya Mourad's Film Project Celebrating Life and Madness

Overall loans to deposit ratio (LDR) increased to 88.3 per cent with eight of top nine banks in the LDR "green zone" of between 80 and 100 per cent.
June 27th, 2019 - 07:48 GMT

Non-Performing Loans Fall in UAE After New Central Bank Methodology

During the event
June 27th, 2019 - 07:43 GMT

Sheikh Hazza Bin Zayed, in the Presence of Sheikh Mansour and Sheikh Hamid, Inaugurates One of the World’s Largest Offshore Oil Platforms Manufactured by NPCC for ADNOC

Cabana at Address Dubai Mall
June 27th, 2019 - 07:39 GMT

Address Dubai Mall Introduces New Spa, Pool and F&B Experiences for the Summer

The Umm Lulu Gas Treatment Platform (ULGTP), weighing 32,000 metric tonnes (MT), is one of five platforms fully manufactured by the NPCC at its fabrication yard in Musaffah, Abu Dhabi.
June 27th, 2019 - 07:39 GMT

UAE Completes World’s Largest Offshore Platforms

During the event
June 27th, 2019 - 07:22 GMT

Millennium Airport Hotel Dubai Wins a Silver Medal at Hozpitality Group’s Middle East Chef Excellence Awards 2019

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