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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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Google
May 2nd, 2024 - 12:03 GMT

Google reduces workforce by 200, moves jobs to Mexico and India

ISLAMIC DEVELOPMENT BANK AND KSRELIEF JOIN FORCES TO SUPPORT REFUGEES WORLDWIDE
May 2nd, 2024 - 11:32 GMT

ISLAMIC DEVELOPMENT BANK AND KSRELIEF JOIN FORCES TO SUPPORT REFUGEES WORLDWIDE

Agility Subsidiary, Agility Global, Begins Trading on Abu Dhabi Securities Exchange
May 2nd, 2024 - 11:27 GMT

Agility Subsidiary, Agility Global, Begins Trading on Abu Dhabi Securities Exchange

MBRF highlights wide array of knowledge programs at Abu Dhabi International Book Fair
May 2nd, 2024 - 11:19 GMT

MBRF highlights wide array of knowledge programs at Abu Dhabi International Book Fair

Emirates NBD organises community awareness event focusing on safe banking practices for labourers
May 2nd, 2024 - 11:17 GMT

Emirates NBD organises community awareness event focusing on safe banking practices for labourers

Saudi banks
May 2nd, 2024 - 09:09 GMT

Saudi banks’ funding profile changes on rising mortgage demand

PureHealth
May 2nd, 2024 - 08:57 GMT

PureHealth ears triple digit net profit growth to AED491 million in Q1

AI platforms
May 2nd, 2024 - 08:35 GMT

Around 76% of companies are re-evaluating AI platforms

Saudi Arabia
May 2nd, 2024 - 08:18 GMT

Saudi Arabia and China discuss collaboration in urban development

green economy
May 2nd, 2024 - 08:10 GMT

EU pledges €7.4bn to back Egypt’s green economy plans

Middle East
May 2nd, 2024 - 07:48 GMT

Oil prices fall amid Middle East hopes for cease-fire

Bitcoin
May 2nd, 2024 - 07:45 GMT

Bitcoin drops below $57,000 after 2 months

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