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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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IMF Highlights Vital Sectors That Require Investments To Combat Pandemic
October 7th, 2020 - 09:30 GMT

IMF Highlights Vital Sectors That Require Investments To Combat Pandemic

Report: GCC E-Commerce Sector to Hit $50 Billion by 2025
October 7th, 2020 - 09:00 GMT

Report: GCC E-Commerce Sector to Hit $50 Billion by 2025

Moody's Projects Increase of M&A in GCC's Banking Sector
October 7th, 2020 - 08:30 GMT

Moody's Projects Increase of M&A in GCC's Banking Sector

New Business Jets Worth $235 Billion To Be Delivered in the Coming 10 Years
October 7th, 2020 - 08:00 GMT

New Business Jets Worth $235 Billion To Be Delivered in the Coming 10 Years

IATA: Airlines Losing $300,000 per Minute Due to COVID-19
October 7th, 2020 - 07:30 GMT

IATA: Airlines Losing $300,000 per Minute Due to COVID-19

UAE to Invest $73 Million In AI Sector This Year
October 7th, 2020 - 07:00 GMT

UAE to Invest $73 Million In AI Sector This Year

STC Ranked As Most Valuable Brand in Saudi Arabia, UAE
October 7th, 2020 - 06:30 GMT

STC Ranked As Most Valuable Brand in Saudi Arabia, UAE

Saudi Arabia's Economy Shrinks by 7 Percent in Q2 2020
October 7th, 2020 - 06:00 GMT

Saudi Arabia's Economy Shrinks by 7 Percent in Q2 2020

A Growing Industry: 5 of the Middle East's Biggest Fintech Startups
October 6th, 2020 - 02:30 GMT

A Growing Industry: 5 of the Middle East's Biggest Fintech Startups

US: House's Antitrust Report Implies The Break-Up of Big Tech Firms
October 6th, 2020 - 02:00 GMT

US: House's Antitrust Report Implies The Break-Up of Big Tech Firms

Toyota Partners with Panasonic to Build Lithium-Ion Batteries for Hybrid Vehicles
October 6th, 2020 - 01:30 GMT

Toyota Partners with Panasonic to Build Lithium-Ion Batteries for Hybrid Vehicles

Japan to Conduct Stress Tests on Banks to Evaluate Pandemic's Effects On Capital
October 6th, 2020 - 01:00 GMT

Japan to Conduct Stress Tests on Banks to Evaluate Pandemic's Effects On Capital

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