INSEAD Day 4 - 728x90

Google to invest $6.4bn

The investment is its biggest-ever in Germany.

Pfizer poised to buy Metsera

The pharma giant improved its offer to $10bn.

Ozempic maker lowers outlook

The company posted tepid Q3 results.

Kimberly-Clark to buy Kenvue

The deal is valued at $48.7 billion.

BYD Q3 profit down 33%

This was a 33% year-on-year decrease.

Iraq to build 2,000MW solar power projects in tie-up with a UAE-based firm

    • The project is the biggest investment in Iraq’s renewable energy industry

    • Iraq is planning to build a number of power plants in the coming years

    Iraq is looking to build solar power projects in central and southern Iraq, with a total capacity of 2,000 megawatts, and it has teamed up with Masdar, a United Arab Emirates-based renewable power developer, to complete the power stations, the Iraqi oil ministry said in a statement.
    The project is the biggest investment in Iraq’s renewable energy industry, the statement said, without indicating its total cost.

    Iraq is planning to build a number of power plants in the coming years in partnership with international and Arab companies. Some will use solar energy, while others will run on fossil fuels, including gas that is produced during the extraction of oil, by introducing it into the electricity production system, Iraq Oil Minister Ihsan Abdul Jabbar told Asharq recently.