INSEAD Day 4 - 728x90

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Growth driven by merger consolidation.

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Total revenue increased 10% year-on-year.

TECOM profit climbs

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ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.

Baghdad Metro project to be included in Iraqi budget

Scene of traffic in Baghdad. (AFP)
  • The 96-kilometers-long ring road project which is currently in the design phase will be completed in four phases
  • There are several projects to relieve the traffic bottlenecks, including the five entrances to the capital project, a government spokesman said

The General Secretariat of the Council of Ministers in Iraq has announced three projects that will ease Baghdad’s traffic jams.

During a press conference, spokesman of the cabinet secretariat Haider Majid told reporters that “there are several projects to relieve the traffic bottlenecks, including the five entrances to the capital project.”

According to his statement, some of those projects were jointly implemented.

The spokesman has assured that the Metro project of Baghdad will be soon included in the budget.

He stressed that “there is a coordination between the Ministry of Transport General Directorate of Traffic and the relevant authorities for the train road and designs.”

The 96-kilometers-long ring road project which is currently in the design phase will be completed in four phases, Haider Majid has confirmed in the statement given at the conference.