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.

Iraqi PM sets up workgroup to coordinate gas supply with Iran

Iraqi Prime Minister Mustafa Al-Kadhimi called for efforts to ensure food security and secure energy supplies
  • Al-Kadhimi asked the workgroup to visit Iran and remove the obstacles hindering the supply of gas to Iraqi electricity power plants
  • Earlier this month, Iraqi Electricity Minister Adel Karim had said that Iraq will need to import gas from Iran at least for the next couple of years

The Iraqi prime minister Mustafa Al-Kadhimi established a workgroup tasked with coordinating efforts with Iran to help Iraqi power plants using Iranian gas.

The Office of the Iraqi Prime Minister in a communique announced that Al-Kadhimi on Sunday chaired a meeting with the caretaker of the Iraqi Electricity Ministry and listened to their predictions on the demand for electricity in the country during the next 6 months, and the electricity Iraq can produce now..

Al-Kadhimi later commissioned a workgroup and asked it to visit Iran and remove the obstacles hindering the supply of gas to Iraqi electricity power plants.

Earlier this month, Iraqi Electricity Minister Adel Karim had said that Iraq had not been successful in importing electricity from the southern Persian Gulf Arab countries and will need to import gas from Iran at least for the next couple of years.