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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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Saudi Arabia-based companies awarded $10.59 billion in contracts in Q1 of 2014 (File Archive)
April 20th, 2014 - 11:00 GMT

Step aside oil, Saudi's construction industry raking in the riyals

Al Bawaba
April 20th, 2014 - 10:57 GMT

First Gulf Bank Unveils New Brand Identity for the Future

Al Bawaba
April 20th, 2014 - 10:54 GMT

Samsung Returns to GITEX Shopper to Wow Consumers with its Latest Gadgets

Al Bawaba
April 20th, 2014 - 10:47 GMT

Dubai SME and Microsoft Host Seminar on Cloud Computing to Help SMEs Enhance ICT Capabilities

Al Bawaba
April 20th, 2014 - 10:34 GMT

Al-Futtaim Maintains Strong Commitment to UAE’s Emiratisation Drive

Al Bawaba
April 20th, 2014 - 10:00 GMT

Finally, a solution for the Kingdom's economy? Tourism revenues on the rise in Jordan

Despite world forecast revisions, oil production in OPEC countries is on the rise due to Iraqi output (File Archive/Shutterstock)
April 20th, 2014 - 09:00 GMT

IEA oil forecast revision down, but OPEC countries need not worry

Al Bawaba
April 20th, 2014 - 08:30 GMT

LG Electronics Names Chef Ghada El Tally as its Ambassador for Home Appliances in the Levant

BLOM Bank, Bank Med and Bank Audi all were upgraded from "negative" to "stable" under Standard & Poor's ratings (File Archive)
April 20th, 2014 - 08:17 GMT

Restoring confidence: Can S&P bank upgrade help Lebanon's economy?

Al Bawaba
April 20th, 2014 - 08:00 GMT

Samsung Electronics Levant Sponsors “A Free Smartphone Application For Arab Universities” Initiative

Al Bawaba
April 20th, 2014 - 08:00 GMT

This MENA country is topping charts...for military spending

Al Bawaba
April 20th, 2014 - 07:29 GMT

Bahrain Airport Company Receives ISO Accreditation for its Information Security Management System

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