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Eni profit falls due to dip in oil prices

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

Emirates NBD H1 profit $3.40bn

Total income rose by 12 percent in the same period.

ADIB H1 pre-tax profit $1.08bn

Q2 pre-tax net profit increases by 14 percent.

AstraZeneca to invest $50bn in US

Bulk of funds to go into a Virginia manufacturing center.

UAB net profit up by 50% for H1

Total assets increase by 11 percent.

Iraq’s leading telecom provider wins 2 International Finance Awards

    • Company awarded Best Telecommunications Company and Best Corporate Socially Responsible (CSR) Company

    • Asiacell network covers 99.06 percent of the Iraqi population

    Iraq’s leading mobile telecommunications and digital services provider in Asiacell has been granted two awards at the International Finance Awards for its humanitarian contributions to the Iraqi communities and breakthrough digital services and technological solutions. 

    The International Finance Awards is a global terrace that seeks to honor and celebrate innovative solutions, stories of leadership, and technical capabilities on an international scale. 

    The conference highlights the significance of interconnectedness and digitalization in the contemporary global business infrastructure, demonstrating how interconnectivity is at the epicenter of all business networks.

    Asiacell took home the awards of ‘Best Telecommunications Company’ for its internet coverage, innovative technical solutions, and quality digital services. It was also awarded as the ‘Best Corporate Socially Responsible (CSR) Company’ for its philanthropic initiatives, charitable endeavors, and generous donations throughout the Iraqi provinces.

    Chra Hussein, Asiacell’s chief commercial officer, said, “Asiacell considers itself part of the Iraqi family, and as part of this family, we always dedicate ourselves to making this place a better home for our people.”

    Asiacell’s network covers 99.06 percent of the Iraqi population, making its national network the most extensive among the other two mobile operators in Iraq.