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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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Al Bawaba
May 28th, 2014 - 04:25 GMT

Emirates Grand Hotel appoints new sales managers

Qatar's emir has instructed all companies listed on the country's stock exchange to raise their limit for foreign ownership to 49 percent in a move that could attract more liquidity to the buoyant bourse.
May 27th, 2014 - 10:26 GMT

Welcoming liquidity: Qatar firms ordered to raise foreign ownership cap to 49%

After all, China is the big hope for growth in LNG demand, with some forecasts calling for a tripling of its imports to more than 60 million tonnes per annum by 2020.
May 27th, 2014 - 10:04 GMT

Is the Chinese-Russian historic, $400 billion deal about to change the gas market forever?

Passenger traffic through Dubai’s main airport, one of the world’s busiest, rose 13.7 per cent from a year earlier to 6.16 million people in April, the airport operator said on Tuesday.
May 27th, 2014 - 09:39 GMT

They keep coming: Dubai airport traffic up 13.7% in April alone

David Haigh, who until March was deputy chief executive of Dubai-based GFH Capital, a unit of Bahrain’s Gulf Finance House, has been referred to Dubai’s public prosecutor for trial.
May 27th, 2014 - 09:26 GMT

Ex-leeds official accused of embezzling $6.75 million in Dubai

Al Bawaba
May 27th, 2014 - 11:45 GMT

Emirates reinforces commitment to Austria with one-off A380 service

Al Bawaba
May 27th, 2014 - 11:37 GMT

Dubai Chamber achieves LEED Platinum

Al Bawaba
May 27th, 2014 - 10:54 GMT

New Lincoln MKZ is automobile magazine’s ‘Best Luxurious American Mid-Size’ Sedan

Al Bawaba
May 27th, 2014 - 09:56 GMT

Dubai Investments targets strong growth in Gulf, showcases innovations at 15th GCC Joint Expo

Al Bawaba
May 27th, 2014 - 09:42 GMT

RAK Properties organizes emirate’s first ever food festival

Al Bawaba
May 27th, 2014 - 09:24 GMT

Emirates Islamic reinforces commitment to Emiratisation with successful completion of Al Mustaqbal programme

Al Bawaba
May 27th, 2014 - 09:14 GMT

MasterCard and Bank of Punjab bring financial inclusion to Pakistan

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