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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 27th, 2014 - 07:06 GMT

Al Bustan Centre and Residence focuses on making its position stronger at Arabian Travel Market

Airport International Group
April 27th, 2014 - 06:00 GMT

QAIA registers consistent passenger and aircraft traffic growth for March 2014

Al Bawaba
April 27th, 2014 - 05:34 GMT

Qatar Academy Sidra strives to become an International Baccalaureate World School

Al Hilal Bank
April 27th, 2014 - 05:24 GMT

Al Hilal Bank launches Global Balanced Fund for investors seeking investment opportunities in global equities & sukuk

Al Bawaba
April 27th, 2014 - 05:16 GMT

Dubai Customs’ Suggestion System wins local and international recognition in 2013

Al Bawaba
April 27th, 2014 - 05:07 GMT

Emirates NBD only Middle East bank to win in product category at The Asian Banker Awards

Al Bawaba
April 27th, 2014 - 04:51 GMT

Etihad Airways President and CEO James Hogan inducted into British Travel and Hospitality Industry Hall of Fame

“In the long term though, the region needs to focus on developing local skills, to ensure that their economies can extract maximum gains from these proposed investments.”
April 27th, 2014 - 02:55 GMT

With the era of 'easy oil' coming to an end, is solar energy the only option left for the ME?

“The size of the Lebanese banks in Iraq maybe too small compared to the huge Iraqi market. Iraq’s seven state-owned banks have 80 percent of assets and 90 percent of total deposits in the country. However, we are going to the Iraqi market to serve new clients,” Bassil said.
April 27th, 2014 - 02:55 GMT

Misery loves company? Lebanese banks announce their intention to pursue Iraq's banking sector

Rouhani's first attempt at implementing subsidy reform was a disaster.
April 27th, 2014 - 02:55 GMT

The litmus test for Rouhani's popularity? Iranians rush to gas stations in anticipation of unprecedented price hike

The meeting focused on the economic policy issues of the two sides, exploring trade opportunities and boosting of trade ties between them.
April 27th, 2014 - 01:09 GMT

A sturdy relationship: UAE and US conclude economic dialogue

Microsoft said it will acquire some 25,000 Nokia employees in 50 countries.
April 26th, 2014 - 01:26 GMT

It's official: Nokia's era comes to and end with Microsoft's $7.5 billion takeover

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