INSEAD Day 4 - 728x90

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.

Empower okays $119.1m H2 2025 dividend

The dividend is equivalent to 43.75% of paid-up capital.

Alujain widens 2025 loss

The increase in loss is due to impairment charges, weaker prices.

Iraq confirms distributing residential lands under Dari initiative

Iraqi Prime Minister Mustafa Al-Kadhimi called for efforts to ensure food security and secure energy supplies
  • The “residential parts will be distributed”, and service buildings will be “built from health and school centers.
  • During its meeting on September 22, 2021, the cabinet voted on the mechanism for the distribution of residential land.

Iraqi Prime Minister Mustafa Al-Kadhimi has directed contracting with investment companies to build infrastructure in the areas where residential land will be distributed as part of the Dari initiative.

The Iraqi General Secretariat of the cabinet confirmed this on Tuesday.

“The process of handing over plots to those covered by the (Dari) initiative launched by Prime Minister Mustafa Al-Kadhimi is carried out in the form of steps,” Haidar Majid, spokesman for the Cabinet Secretariat, told the local media.

“Al-Kadhimi informed the Ministry of Reconstruction of the contract with investment companies for the purpose of establishing the full infrastructure of the places”, noted Haidar Majid.

The “residential parts will be distributed”, and service buildings will be “built from health and school centers so that they are habitable,” he said.

During its meeting on September 22, 2021, the cabinet voted on the mechanism for the distribution of residential land in accordance with the Dari initiative.

The Planning Minister Khaled Batal indicated that loans would be provided from government banks to citizens covered by residential land.