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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 16th, 2014 - 02:55 GMT

GCC drift to go further? Iran ready to take bilateral tries with UAE further

Al Bawaba
April 16th, 2014 - 02:55 GMT

Is Iran's economy already thriving amidst limited sanctions relief? Apparently so!

On average the emirate recorded 7 percent quarter-on-quarter growth for apartment rentals, and a strong year-on-year figure of 38 percent
April 16th, 2014 - 02:55 GMT

Thank you, Dubai: 'Flight to affordability" hikes rent in Sharjah

Renewed exports will restore much-needed revenue stream for Libya's weak central government following the 2011 overthrow of Moamer Kadhafi.
April 16th, 2014 - 02:04 GMT

After $14 billion down the drain, Libyan oil is back on the market

Al Bawaba
April 15th, 2014 - 01:00 GMT

Turn off the lights: Egypt prepares for 25 percent fuel hike this summer

Al Bawaba
April 15th, 2014 - 12:00 GMT

Hearty Halal: industry to be worth $2.5 trillion by 2018

Al Bawaba
April 15th, 2014 - 11:35 GMT

ENOC Retail Offers over 60 Lucky Customers at ZOOM Stores on Dubai Metro Network Free Travel for a Year

Current desalination techniques are typically very energy intensive: energy consumption can account for up to 70 per cent of the desalination costs
April 15th, 2014 - 11:26 GMT

GE and Saudi Aramco Launch Global Innovation Challenge to Find Renewable Energy Solutions

This is the second consecutive year that EMAL has won the RoSPA Gold award, reaffirming the Operations’ leading position in occupational health and safety across diverse industrial sectors
April 15th, 2014 - 11:16 GMT

EMAL strikes gold again with the Second Consecutive Global Occupational Health and Safety Award

Al Bawaba
April 15th, 2014 - 10:28 GMT

Dubai prepares for the Electric Car era

Al Bawaba
April 15th, 2014 - 10:23 GMT

Akhtaboot Partners with Sayegh Group to Power their Careers’ Site

Al Bawaba
April 15th, 2014 - 10:15 GMT

AUC’s Rise Promotes Water Efficiency at Caring for The Planet UN Conference

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