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Q2 net profit fell by 18% to $637 million.

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Total income rose by 12 percent in the same period.

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UAE and Iraq to deepen economic, cultural, energy cooperation

The UAE and Iraqi ministers hold discussions to boost ties in Baghdad. (WAM)
  • The officials from both countries discussed deepening economic, investment, educational, cultural, agricultural, food, technological, and energy cooperation
  • Khalifa Shaheen Al Marar, UAE Minister of State, noted the importance of utilizing the joint committee meetings to explore new opportunities for reinforcing economic growth

Baghdad, Iraq— The UAE and Iraq have held discussions to boost economic, investment, educational, cultural, agricultural, food, technological, and energy cooperation.

The discussions were held in the tenth session of the UAE-Iraq Joint Committee in the Iraqi capital, Baghdad, co-chaired by Khalifa Shaheen Al Marar, UAE Minister of State, and Dr. Fuad Hussein, Deputy Prime Minister and Minister of Foreign Affairs of Iraq.

The committee meetings included several officials from both countries and discussions on the strong bilateral relations as well as prospects for cooperation in various areas of mutual interest, including economic, investment, educational, cultural, agricultural, food, technological, and energy sectors, among others.

Both sides emphasized a shared commitment to enhancing constructive partnerships that serve the mutual interests of both countries and peoples.

Al Marar highlighted the importance of utilizing the Joint Committee meetings to explore new opportunities for reinforcing economic growth and prosperity, as well as for advancing bilateral cooperation to new levels.

At the conclusion of the meeting, the minutes of the Joint Committee were signed, with the two sides expressing appreciation for the efforts made in convening the committee, and underscoring the importance of maintaining dialogue between relevant authorities in both countries and across public and private sectors.