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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 18th, 2014 - 10:14 GMT

Samsung Galaxy S5 to defy expectations and outsell S4?

The 36-story, 382,500 square-foot (35,535 square-meter) building is located on the Fifth Avenue in New York.
April 18th, 2014 - 07:32 GMT

In audacious move, US to sell Iran-owned skyscraper in New York

The survey also revealed that the main reason for obtaining a loan is to a buy a car
April 18th, 2014 - 07:26 GMT

Getting their priorities straight: Emirati households spending more on phones, cars than education

Iran shares oil and gas fields with most of its neighbors, including Iraq, Kuwait, Qatar, as well as Oman and Turkmenistan.
April 17th, 2014 - 09:53 GMT

Historic irony? Iran to splash $20 billion on joint oil fields with Iraq

Ensour stressed that the Kingdom is in need of support from all Arab states to be able to continue its pan-Arab nationalist role.
April 17th, 2014 - 09:37 GMT

Rising from the ashes? Jordan's economy 'recovering', says PM

Al Bawaba
April 17th, 2014 - 09:21 GMT

Short-term pain, long-term gain? Emirates airlines to cancel 41 destinations for Dubai runway upgrade

Al Bawaba
April 17th, 2014 - 04:39 GMT

Saudi SMEs v overseas enterprises. Who is the winner?

Al Bawaba
April 17th, 2014 - 04:07 GMT

Why Qatar stocks hit six year high this week

Al Bawaba
April 17th, 2014 - 03:50 GMT

Ever feel like you're banging your head against a "productivity" wall? Saudi employees know how you feel

Al Bawaba
April 17th, 2014 - 03:34 GMT

Dubai's "Tourism Dirham" gets good feedback

Al Bawaba
April 17th, 2014 - 03:09 GMT

New priorities? Abu Dhabi families spend more on phones than on education, survey says

Al Bawaba
April 17th, 2014 - 02:28 GMT

Why does inflation continue to rise in the UAE?

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