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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 19th, 2014 - 04:52 GMT

Jordan Ahli Bank signs agreement with Save the Children Jordan to support “Combating Anemia Campaign”

Al Bawaba
May 19th, 2014 - 04:25 GMT

Dubai Customs completes fishermen harbours project in Jumeirah and Umm Suqeim

Al Bawaba
May 19th, 2014 - 02:55 GMT

Who's facing a crisis here? Egypt imports 60,000 tons of wheat from Ukraine

Out of a total market worth $128.46 billion, the medical, residential and hospitality sectors will count for over half of the market.
May 19th, 2014 - 02:55 GMT

An inside look into why GCC construction projects are almost doubling this yaer

Al Bawaba
May 19th, 2014 - 02:55 GMT

Top Omani official jailed for alleged $1 million bribery

Iran has tried to bring more foreign companies into its energy sector since securing sanctions relief from a November interim agreement to temporarily curb its nuclear activities.
May 19th, 2014 - 02:55 GMT

What's in it for who? Swedish and Russian firms to help Iran dig for oil in the Caspian sea

Horizon currently has 210 trainees enrolled in its aviation training programmes and has been providing training for Etihad Airways’ cadet pilots for the last seven years.
May 19th, 2014 - 02:55 GMT

Etihad airlines establishes 'Flight Academy' for Emiratis only

Thomas advised companies to explain their nationalisation goals to new hires, telling expats how they should imbue their skills within an organisation’s structure before they move on.
May 19th, 2014 - 02:55 GMT

An induced identity crisis?GCC expats expected to play part in labour market nationalisation

By the end of the current fiscal year the amount spent on subsidies will reach approximately EGP 135bn ($19 billion).
May 18th, 2014 - 11:53 GMT

Egypt puts a price tag on this year's energy subsidies

Al Bawaba
May 18th, 2014 - 11:40 GMT

Ethiopia committed to "genuine negotiations" with Egypt over dam debacle

With regard to imports, China is the top trading partner of Dubai dealing in trade worth Dh130 billion ($35 billion), he added.
May 18th, 2014 - 11:26 GMT

From high to higher: Dubai China trade grows 18%, stands at $36 billion

Then Dubai won the Expo 2020 for the UAE last October and the anticipation and actual win spurred local enthusiasms, although the total economic impact will be marginal.
May 18th, 2014 - 11:20 GMT

Is the Expo 2020 euphoria about to expose weaknesses in Dubai's Financial Market?

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