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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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Sharjah International Airport's spike in traffic is largely due to the renovations at Dubai International Airport (File Archive/Shutterstock)
May 4th, 2014 - 08:17 GMT

Sharjah airport preparing for spike in summer flights

Qatar's property market may be booming overall, but leasing activity has remained limited with rental rates remaining flat during the first quarter of 2014 (File Archive)
May 4th, 2014 - 08:04 GMT

More than just "quarter" earnings: Why Doha's property market is booming

The official confirmed that the Dh6,000 increase in the minimum salary requirement was implemented in Dubai more than a week ago
May 4th, 2014 - 08:03 GMT

How many can you host now? Minimum salary limit increased for sponsoring immediate family in Dubai

As part of the new deal, customers will receive a free 4G LTE router or MiFi device (File Archive)
May 4th, 2014 - 07:50 GMT

Announcing Zain's new ultra-fast 4G package deals

Al Bawaba
May 4th, 2014 - 07:39 GMT

Sheraton Amman Al Nabil hotel welcomes New Executive Chef

Iran has the second largest natural gas reserves after Russia (File Archive)
May 4th, 2014 - 07:39 GMT

An unlikely partnership? Iran may be the next big supplier of energy to the EU

ASUS
May 4th, 2014 - 07:30 GMT

ASUS introduces three Intel Z97-based Maximus VII Gaming motherboards

Omanis spend about $110 million in shopping alone in the UAE on a yearly basis (File Archive)
May 4th, 2014 - 07:30 GMT

Price squeeze: Omanis' spending in UAE may be hurting economy at home

Lebanon has lost millions in profits within its tourism sector due to regional turmoil and domestic security issues (File Archive)
May 4th, 2014 - 06:57 GMT

Beirut launches new initiative to boost Lebanese tourism sector

Al Bawaba
May 4th, 2014 - 06:39 GMT

Hamdan bin Mohammed Center for Cultural Revival honors Emarat for its vital participation in supporting its activities

Al Bawaba
May 4th, 2014 - 06:13 GMT

VISA affluent study reveals 50% of UAE travelers will spend

Al Bawaba
May 4th, 2014 - 06:07 GMT

NBK honors Ibrahim Dabdoub

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