INSEAD Day 4 - 728x90

2PointZero posts profit surge

Growth driven by merger consolidation.

Mashreq Q1 profit rises

Total revenue increased 10% year-on-year.

TECOM profit climbs

High occupancy across assets boosts earnings.

Emirates Stallions Q1 revenue up 11%

The rise helped by strong demand in real estate

ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.

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.