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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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ADCB reports record half-year net profit of  Dh3.811 bn, up 25%, and Q2 net profit  of AED 1.932 bn, up 23%
July 21st, 2023 - 08:19 GMT

ADCB reports record half-year net profit of Dh3.811 bn, up 25%, and Q2 net profit of AED 1.932 bn, up 23%

Top 5 crypto events to Attend in 2023
July 20th, 2023 - 07:03 GMT

Top 5 crypto events to Attend in 2023

Top 10 crypto books every investor should read
July 20th, 2023 - 05:50 GMT

Top 10 crypto books every investor should read

China will respond if US escalates ‘Silicon Curtain’ ban
July 20th, 2023 - 12:01 GMT

China will respond if US escalates ‘Silicon Curtain’ ban

China is selling US dollars to bolster Yuan
July 20th, 2023 - 11:43 GMT

China is selling US dollars to bolster Yuan

Oil prices steady on lower US, China demand
July 20th, 2023 - 11:33 GMT

Oil prices steady on lower US, China demand

Egypt-UAE loan deal to finance wheat purchases
July 20th, 2023 - 11:05 GMT

Egypt-UAE loan deal to finance wheat purchases

Dubai Chamber of Digital Economy hosts ‘Design Thinking Hackathon’ to empower next generation of Emirati app developers
July 20th, 2023 - 10:40 GMT

Dubai Chamber of Digital Economy hosts ‘Design Thinking Hackathon’ to empower next generation of Emirati app developers

UAE 2030 targets to double GDP growth
July 20th, 2023 - 10:31 GMT

UAE 2030 targets to double GDP growth

UNIDO and Huawei launch the Global alliance on artificial intelligence for industry and manufacturing at World AI Conference in Shanghai
July 20th, 2023 - 10:30 GMT

UNIDO and Huawei launch the Global alliance on artificial intelligence for industry and manufacturing at World AI Conference in Shanghai

Ooredoo Announces the Winners of its 100 Seconds Contest
July 20th, 2023 - 10:04 GMT

Ooredoo Announces the Winners of its 100 Seconds Contest

Azizi Developments’ Grand is 70% sold out within just weeks of its launch
July 20th, 2023 - 09:45 GMT

Azizi Developments’ Grand is 70% sold out within just weeks of its launch

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