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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 company bags five Best of Show awards at Interop Tokyo 2019
June 24th, 2019 - 06:16 GMT

Huawei Wins "Best 5G Core Network Technology" Award and Ranks Among BrandZ’s Most Valuable Global Brands

With some $30 million in grants, the plan calls for the creation of a modern database to register land ownership.
June 24th, 2019 - 06:10 GMT

US Unveils $50 Billion Investment in Palestinian Infrastructure, Education

Robert Prigge - Jumio - President
June 24th, 2019 - 06:04 GMT

Bank ABC Becomes First Bank in the Middle East to Employ Biometric-Based Digital KYC Functionality

Saudi Crown Prince Mohammed bin Salman recently said in an interview that Aramco's IPO plan is on track for 2020-21
June 24th, 2019 - 06:00 GMT

10 Companies to Go Public in GCC With Over $7 Billion Fund Raising in the Offing

Burgan Bank also offers a Quarterly Draw with more chances to win higher rewards, offering the chance to one lucky customer to win KD 125,000 every three months.
June 24th, 2019 - 05:40 GMT

Burgan Bank Announces Names of the Daily Lucky Winners of Yawmi Account Draw

Al Masaood Group
June 24th, 2019 - 05:28 GMT

Al Masaood Automobiles Announces Infiniti Mega Sale

Consumers in Oman did not expect some products to be listed as taxable, such as some sports drinks.
June 23rd, 2019 - 01:00 GMT

Oman Warns Companies From Overcharging 'Sinful' Products

The Saudis represented about 24.4 percent of the job holders.
June 23rd, 2019 - 12:30 GMT

Expats Still Control Over 75 Percent of Jobs in Saudi Arabia Despite Saudization Efforts

Currently over 10 million expats work and live in Saudi Arabia.
June 23rd, 2019 - 12:00 GMT

Saudi Arabia Launches New Residency Scheme for Expats

Huawei P30 pro
June 23rd, 2019 - 11:37 GMT

Huawei Increases Its Standing in Brandz Rankings of the World’s Most Valuable Brands

The issue of our Palestinian people is a nationalistic issue
June 23rd, 2019 - 11:30 GMT

Palestinians Dismiss Economic Part of Middle East 'Peace Plan'

Your Can For a Tree initiative led by Emirates Environmental Group (EEG) aims to instil the benefits of recycling
June 23rd, 2019 - 11:27 GMT

Al Bustan Centre & Residence participates in the Can Collection Drive

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