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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 17th, 2014 - 02:55 GMT

Are Arab Bankers right to blame the region's deteriorating economies on the Arab Spring?

If realised, this would not only revive output at Idku but also mean that Israel's first LNG exports would take place from an Egyptian plant.
April 16th, 2014 - 10:02 GMT

Will passing gas ease Israel's tensions with Egypt and Turkey?

Al Bawaba
April 16th, 2014 - 09:45 GMT

With Sisi likely to take over, how will Egypt's 'military economy' look like?

 The kingdom's banking sector remains very resilient and requirements to enhance the liquidity and reserves under Basel III will further bolster it, Rasheed Al Maraj was quoted as saying.
April 16th, 2014 - 08:07 GMT

Moving forward: Bahraini banks to adopt Basel III standards

The growth rate is more than double a recent estimate from the International Air Transport Association, or Iata, that passenger demand will increase 5.8 per cent this year on a global basis
April 16th, 2014 - 04:34 GMT

Etihad airways smashes expectations and posts double expected profits

Al Bawaba
April 16th, 2014 - 01:28 GMT

House hunting in Dubai? Budget friendly options may be available in the near future

Al Bawaba
April 16th, 2014 - 12:23 GMT

Optimism for Abu Dhabi as "Consumer Confidence" grows

Al Bawaba
April 16th, 2014 - 12:03 GMT

ADNOC Distribution Awards Winners of Internal HSE Initiatives for 2013

Al Bawaba
April 16th, 2014 - 11:56 GMT

Dine and Win with Month-Long ‘Food Fiesta’ at ENOC/EPPO Service Station Food Outlets

Al Bawaba
April 16th, 2014 - 11:55 GMT

Going green: Qatar to invest $182 billion in eco-friendly infrastructure

Al Bawaba
April 16th, 2014 - 11:49 GMT

Canon Middle East trains Young Emiratis for 2014 Emirates Skills Competition

Takaful is a cooperative system of reimbursement that adheres to Islamic law
April 16th, 2014 - 11:15 GMT

Al Hilal Takaful Discusses Industry Growth Drivers & Innovation at 9th World Takaful Conference in Dubai

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