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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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Mr. Majed Essa Al Ajeel, Chairman of Burgan Bank Group
May 12th, 2014 - 05:04 GMT

Burgan Bank Group announces first quarter 2014 earnings

Al Bawaba
May 12th, 2014 - 04:53 GMT

Turkish Airlines adds Boston, USA, as the 249th network destination

Al Bawaba
May 12th, 2014 - 04:25 GMT

Noteworthy surge of international trademarks recorded with Dubai Customs

The statement said that real estate property owned by 92% of Egyptians is not registered and is estimated to be worth EGP 1tn, and that 70% of its ownership is concentrated among low-income earners.
May 12th, 2014 - 03:55 GMT

Egypt's informal sector and economic growth: true potentials?

Al Bawaba
May 12th, 2014 - 03:55 GMT

In the face of exploding rents, how much do UAE companies provide in housing allowances?

Al Bawaba
May 12th, 2014 - 03:55 GMT

The perfect gift: Saudi Arabia to offer Egypt $3 billion worth of oil this summer

Kuwait began importing LNG in 2009 and signed deals with Shell and Swiss-based trader Vitol to supply it from April to October, the period of peak power demand, for the last four years.
May 12th, 2014 - 03:55 GMT

What oil? Kuwait signs $12 billion LNG deal with Shell

Al Bawaba
May 12th, 2014 - 02:55 GMT

Anger in the workplace: the equivalent of emotional intelligence?

The interim government’s stimulus plan, which was said to span between six to nine months starting from late August 2013, amounts to EGP 29.6bn and aimed at generating 3% economic growth over the fiscal year 2013/2014.
May 12th, 2014 - 02:55 GMT

Ready to be stimulated: Egypt's first stimulus package projects 'almost done'

Al Bawaba
May 12th, 2014 - 02:55 GMT

A tad too demanding? Egypt's government expecting private sector to deliver 67% of economic activity

Eight of KSE’s sectors ended last week in the red zone, three recorded increases, whereas the Health Care sector’s index closed with no change from the week before
May 12th, 2014 - 02:55 GMT

Kuwait bourse slips for third week in a row

Qatar’s bourse has officially reported that the combined first-quarter net profit of all but two companies amounted to QR11.1 billion, up 8.6 per cent year on year.
May 11th, 2014 - 07:25 GMT

Dubai bourse 'miles ahead' its Gulf counterparts

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