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The company's cloud, ads, and retail businesses thrive.

McDonald’s profits up 7%

The quarterly profits increased despite weak Middle East sales.

ADQ buys stake in Plenary Group

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FPT and Nvidia to build AI factory

Nvidia had invested around $250 million in Vietnam.

ACWA Power of KSA to build solar power plant in Iraq

Iraq can tackle its power shortages with solar power.
  • In this regard it is in advanced discussions with Saudi Arabia’s ACWA Power, the oil ministry announced on its Facebook page
  • The ministry said it is close to signing the agreement with the Saudi utility company to generate 1,000 megawatts of solar power in the Najaf Governorate

Iraq is looking to establish a big solar power plant in the Najaf area that could generate 1,000 megawatts of solar power.

In this regard it is in advanced discussions with Saudi Arabia’s ACWA Power, the oil ministry announced on its Facebook page.

The ministry said it is close to signing the agreement with the Saudi utility company to generate 1,000 megawatts of solar power in the Najaf Governorate.