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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 21st, 2014 - 08:40 GMT

Jordan Ahli Bank participates in the 15th Pharmaceuticals Syndicate Exhibition and Conference

Al Bawaba
May 21st, 2014 - 08:20 GMT

SAMENA Telecommunications Council’s participates at the ITU Regional Forum on Digital Terrestrial Television Broadcasting Services in the Arab Region

Al Bawaba
May 21st, 2014 - 07:24 GMT

Standard Chartered introduces 3.49% rate for mortgage balance transfer with no processing

Al Bawaba
May 21st, 2014 - 06:59 GMT

NBAD appoints Head of Investment Group in Switzerland

Al Bawaba
May 21st, 2014 - 06:09 GMT

Etihad Airways opens new premium lounge in Sydney

Al Bawaba
May 21st, 2014 - 04:57 GMT

Qatar Green Building Council Seminar attracts over 50 experts to discuss solutions to Qatar’s Water Scarcity challenges

Over the years, Sudan has accumulated approximately $44 billion worth of debt.
May 21st, 2014 - 03:55 GMT

No success here: Sudanese seccession leaves behind shattered economy

In September 2013, the World Bank removed Iran from its list of deadbeat borrowers, saying the Islamic Republic had paid outstanding loan amounts.
May 21st, 2014 - 03:55 GMT

Another burnt bridge to mend: Iran pursuing World Bank loan

The Arab Social Media Outlook 2014 suggested that 71 million people used social media in the region last year out of a total 135 million internet users.
May 21st, 2014 - 02:55 GMT

Social media reigns as main source of news in the Arab World

Subsidies also rose more than fourfold, from $4.1 billion to $18 billion during the same period, an annual growth rate of 23 percent, Hamada said.
May 21st, 2014 - 02:55 GMT

Kuwait's finance minister says budget deficit is inevitable

Al Bawaba
May 21st, 2014 - 02:02 GMT

Normalcy, against all odds: new program helping Syrian tradesmen get back to work in Homs

Al Bawaba
May 21st, 2014 - 01:42 GMT

Forget Israel, forget the Brotherhood: Egypt's army has a tougher, more formidable enemy to fight

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