INSEAD Day 4 - 728x90

Google to invest $6.4bn

The investment is its biggest-ever in Germany.

Pfizer poised to buy Metsera

The pharma giant improved its offer to $10bn.

Ozempic maker lowers outlook

The company posted tepid Q3 results.

Kimberly-Clark to buy Kenvue

The deal is valued at $48.7 billion.

BYD Q3 profit down 33%

This was a 33% year-on-year decrease.

Iraq allocates $2bn for Baghdad Metro project

The project was included in the budget for the year 2022. (WAM)
  • Prime Minister, Mustafa Al-Kadhimi, said that the phenomenon of traffic jams is unacceptable
  • Al-Kadhimi stressed the need to work for activating traffic lights in the streets of Baghdad

Two billion dollars are allocated in the budget for Baghdad Metro project, Iraq’s Minister of Transport Nasser Hussein Al-Shibli said on Saturday.

The project was included in the budget for the year 2022, and an amount of two billion dollars was allocated by the Ministry of Finance and the ministry is awaiting the approval of the budget for the purpose of starting the signing of the contract,” Al-Shibli said to local news agency.

Prime Minister, Mustafa Al-Kadhimi, had said that the phenomenon of traffic jams is unacceptable, while stressing the need to start Baghdad Metro project.

Al-Kadhimi stressed the “need to work for activating traffic lights in the streets of Baghdad, in order to find a legal traffic regulation and reduce traffic.”