Sign inSubscribe

Search Site

VideosInforgraphics
Sign inSubscribe
Trends banner

Business

‘Wadeem’ sold out for $1.49bn

This is the highest Abu Dhabi real-estate release to date.

Tesla Q2 sales down 13.5%

Shares rally after the disclosure, better than some forecasts.

TomTom cuts 300 jobs

The firm said it was realigning its organization as it embraces AI.

Aldar nets $953m in sales at Fahid

Aldar said 42 percent of the buyers are under the age of 45.

Qualcomm to Alphawave for $2.4 bn

The deal makes Alphawave the latest tech company to depart London.

Iraq’s February oil exports highest in last two years

Iraq's February oil exports highest in last two years.
By TRENDS Desk
March 5, 2022 12:42 pm
  • The rate of Iraq's exports during the month amounted to 3.314 million barrels per day
  • The revenues for March will be higher than the last month, based on the current market data
Iraq has reached the highest rate in oil exports during the last two years, the Oil Marketing Company (SOMO)  announced on Friday.
“The rate of Iraq’s exports during February amounted to 3.314 million barrels per day, an estimated increase of 112 thousand barrels per day compared to last month,” a local news agency said, quoting the SOMO.  “The revenues achieved from oil exports are 8.54 billion dollars, the highest since 2014”.
“The SOMO has exported the available quantity of crude oil through the governorates of Basra and Kirkuk,” the news agency reported adding the revenues for March. according to the SOMO, will be higher than last month, based on the current market data.
[adinserter block="5"]

Most Read

Getting vaccinated is ‘the most patriotic thing’ to do

The Fourth of July is a sacred day in our country. A day of history, of hope, remembrance and resolve with promise and possibilities. Before me stands monuments of the…

UAE’s working mothers get extended maternity leave

The Gulf country is setting a new benchmark for supporting working mothers by doubling the mandated maternity leave to 120 days, Kathryn Martin VFS Global tell TRENDS.

Saudi Arabia to generate $150 billion in investments from its new transport policy

The government would provide thirty-five percent of the investments The rest of it, sixty-five percent, will come from the private sector Saudi Arabia expects to generate $150 billion from investments…

GCC healthcare: Transforming the region and impacting the world

PwC forecasts that AI could contribute US$320 billion to Middle Eastern economies by 2030, with healthcare predicted to see some of the largest gains relative to its current size

New-Age Growth Comes Home to the GCC

The region, fueled by ambition and massive investment, is rapidly advancing in technology and infrastructure, aiming to secure a leading role in the 4IR.

[adinserter block="4"]