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Money Matters

Money Matters 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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Al Bawaba
March 9th, 2015 - 11:25 GMT

Multiple meanings amidst unwritten rules: what the rising dollars means for GCC currencies

“There are strong signs of moving beyond the days of the financial crisis, albeit with a more cautious and perhaps more regional investment approach.
March 8th, 2015 - 07:25 GMT

Optimistic or delusional? GCC’s rich confident about local economies despite oil price fall

The Big Spenders Index tracks the 10 locations most likely to see strong growth in big-ticket spending by ultra-wealthy residents or visitors.
March 5th, 2015 - 09:13 GMT

Could've done better: GCC dominates global luxury spending index

Al Bawaba
March 4th, 2015 - 06:57 GMT

Forbes reveals the top 5 richest men in the UAE

Al Bawaba
March 4th, 2015 - 01:17 GMT

Blame Russia, not Jordan: ranking of Jordanian billionaire, Manasir, falls sharply on Forbes

Al Bawaba
March 3rd, 2015 - 09:19 GMT

No beginner's luck? Be business savvy before joining forex markets, experts advise newcomers

And it still doesn’t end there, because there’s another 10 percent VAT the customer has to pay when he buys the car – the $30,000 car now costs you a whopping $55,000.
March 2nd, 2015 - 08:36 GMT

A very disgruntled Lebanese explains why cars are so 'freakin' expensive in his country

Al Bawaba
March 1st, 2015 - 08:12 GMT

Luxury vs. prudency: how to be judicious about choosing a credit card

Al Bawaba
February 26th, 2015 - 09:13 GMT

Prepare your boxes: where have rents fallen in Dubai?

Bahrain and Saudi Arabia registered an increase of 2.6 per cent, followed by Kuwait with an increase of 2.57 per cent, Oman by 0.22 per cent, the UAE by 1.33 per cent.
February 25th, 2015 - 10:25 GMT

The UAE takes the lead, with everything: GCC records inflation rates of more than 3% in 2014

Al Bawaba
February 25th, 2015 - 05:57 GMT

Nothings lasts forever: Dubai rents dropping on oversupply

Al Bawaba
February 24th, 2015 - 09:10 GMT

To relocate or not to relocate: making the right decision based on cost of living

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