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Shell company building

July 30th, 2026 - 09:20 GMT

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 ...

Al Bawaba

May 7th, 2014 - 05:24 GMT

Mina Rashid wins its 13th World Travel Award

Al Bawaba

May 7th, 2014 - 05:04 GMT

Khalaf Al Habtoor discusses current projects with Frits van Paasschen, President & CEO, Starwood Hotels & Resorts Worldwide

Mr. Khalil Saqer, Director of Corporate Communication Department, Dubai Customs

May 7th, 2014 - 04:25 GMT

Dubai Customs boosts its government partnership efforts in Q1 of 2014

Last week, official data showed a worsening trade deficit had further eroded Tunisia's foreign currency reserves, which had fallen to just 93 days of import cover.

May 7th, 2014 - 03:55 GMT

Did Algeria just step in to help save the Tunisian economy?

Kuwait has boasted a budget surplus in each of the past 14 fiscal years, helping its sovereign wealth fund to increase to over $400 billion.

May 7th, 2014 - 03:55 GMT

Tough love: the IMF has a few things to say to Kuwait

Jasser said he targeted annual economic growth of five percent in the country’s next five year development plan for the years 2015-2019.

May 7th, 2014 - 02:55 GMT

Spending their way out of trouble? Welfare spending and Saudi Arabia's pursuit of an economic 'qualitative shift'

The Suez Canal is the fastest shipping route between Europe and Asia and brings around $5 billion a year.

May 7th, 2014 - 02:55 GMT

High bids, higher stakes: Winner of massive Suez Canal tender to be announced next month

IEC said in response, "IEC is using every means at its disposal to collect the debt from the Palestinian Authority."

May 7th, 2014 - 02:55 GMT

Weren't they doing that anyway? Israel Electric threatens to cut off electricity to Palestinians over $435 million dispute

Another market that has become important to flydubai’s network is Russia and last year flydubai doubled its network to eight points.

May 7th, 2014 - 02:55 GMT

Flydubai extends its reach to unexpected destinations

Al Bawaba

May 7th, 2014 - 02:02 GMT

Amman, keeping things class-y: Abdali Boulevard to open for business on June 11

Jordan may have struck gold in securing much-needed energy resources as it starts the commercial exploitation of its oil shale reserves

May 7th, 2014 - 12:43 GMT

Forget the US, forget Saudi Arabia: Could Jordan's development of oil shale be the true game changer here?

Customers can choose primarily between Zain, the Iraqi arm of the Kuwaiti operator of the same name, Asiacell, which is majority-owned by Qatar Telecom, and Korek.

May 7th, 2014 - 12:19 GMT

So 2008: with others already using 4G, 3G networks will just make it to Iraq