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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
April 30th, 2014 - 05:16 GMT

DED and Dubai Courts launch electronic Memorandum of Association in line with ‘Dubai Smart Government’

Al Bawaba
April 30th, 2014 - 05:03 GMT

Al Hilal GCC Equity Fund wins ‘2014 Best Islamic Fund’ at Banker Middle East Product Awards UAE

His Excellency Ahmed Mahboob Musabih, Director of Dubai Customs
April 30th, 2014 - 04:25 GMT

Dubai Customs to participate at WCO IT Conference & Exhibition in Australia

Al Bawaba
April 30th, 2014 - 04:13 GMT

What an honour: Middle East defense spending to hit $920 billion by 2020, and GCC calls it 'diversification'

Dr Al Anshasi added while oil has fuelled much of the UAE’s social and economic development in the last half-century, it is important to ensure that other areas of economic activity are also given every chance to succeed.
April 30th, 2014 - 04:02 GMT

Construction workers included? UAE aiming to become world's top 10 in GDP per capita

The U.S. president had suspended military aid to Egypt following the ouster of the Muslim Brotherhood-affiliated President Mohammed Mursi. A
April 29th, 2014 - 08:40 GMT

US military aid to Egypt: a trap?

Al Bawaba
April 29th, 2014 - 08:31 GMT

Where will the ME stand? One third of world's CEO's projected to be women by 2040

Despite the current problems, a farm-out agreement between the partners in Leviathan and Woodside may still be signed, possibly within days.
April 29th, 2014 - 08:13 GMT

Time for Turkey and Egypt to search for plan B? Israel's Leviathan gas project 'on hold'

The US shale oil revolution (driven by technology and the private sector, not White House dictate) is a game-changer in global energy markets
April 29th, 2014 - 08:05 GMT

With four new mega trends in 2014, are we about to witness a new world energy order?

Al Bawaba
April 29th, 2014 - 01:54 GMT

Pass the feta cheese! Saudi hosts Greek food festival

Al Bawaba
April 29th, 2014 - 01:04 GMT

Almost half of the UAE use GITEX shopper to buy IT products

Al Bawaba
April 29th, 2014 - 11:48 GMT

Every little helps: UAE retailer Choithrams to announce partnership with UK's biggest supermarket chain

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