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Dar Alarkan 2024 profit up 32%

The company's net profit increased by 81.5 percent in Q4 2024.

ADNOC Drilling approves $788m dividend

The final cash dividend of $394m for 2024 was approved at the AGM.

Google says to buy Wiz for $32 bn

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Borouge proposes share buyback

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DAE to acquire 17 aircraft for $1 bn

This portfolio comprises 100 percent next-generation aircraft

Iraq allocates $2bn for Baghdad Metro project

The project was included in the budget for the year 2022. (WAM)
By TRENDS Desk
May 28, 2022 8:37 pm
  • 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.”

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