Search Site

TSMC’s April revenue up 60%

It capitalized on huge wave of demand for chips used in AI hardware.

Etihad reports record Q1 profit

Total revenue increased by $269 million in the same period.

Aramco Q1 profit down 14.5%

Despite lower profit, it will pay $31bn in dividends to Saudi government.

IHC Q1 net profit $2.17bn

The company launches Share Buyback Programme

Amazon triples quarterly profit

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

New Iraq PM sacks senior officials days after confidence vote

Iraqi students chant slogans during a rally in the city of Nasiriyah in the Dhi Qar province. (AFP)
  • The officials dismissed were not identified, but a government source told AFP that intelligence chief Raed Jouhi was among them
  • Iraq is ranked 157 out of 180 in Transparency International's corruption perceptions index

Baghdad, Iraq— Iraq’s Prime Minister Mohammed Shia al-Sudani announced Tuesday the dismissal of several senior officials appointed by his predecessor, days after a confidence vote in his government.

Lawmakers approved Sudani’s cabinet on Thursday following a year of political stalemate and bitter infighting between Shiite Muslim factions following contested elections.

At a cabinet session, Sudani repealed several appointments made by former prime minister Mustafa al-Kadhemi following the October 2021 polls, citing the government’s “interim” status.

The officials dismissed were not identified, but a government source told AFP that intelligence chief Raed Jouhi was among them.

“According to the Supreme Court, an interim government does not have the right” to make such senior appointments, Sudani told his first press conference as prime minister.

He also vowed to tackle endemic corruption, calling it “a serious threat to the Iraqi state, more dangerous than all other threats that have weighed on Iraq”.

“The citizens want to feel that there is a sense of responsibility, and that looted money is returned,” he added, without announcing any concrete measures.

Iraq is ranked 157 out of 180 in Transparency International’s corruption perceptions index.

Sudani also appeared to back away from a plan to hold elections “within a year”, noting that parliament must be involved in such a move.

Iraq’s parliament must dissolve itself before a new vote can be held.