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Alujain widens 2025 loss

The increase in loss is due to impairment charges, weaker prices.

Masar 2025 net profit $262m

Higher land plot sales boost revenue and operating income.

Tasnee’s 2025 losses deepen

The petrochemicals' company's revenue also fell 17.7 percent.

DP World 2025 revenue $24.4bn

The profit for the year up 32.2% to reach $1.96bn.

BYD 2025 revenue surges

The EV manufacturer reported net profit of $.3.3bn for 9M 2025.

Baghdad Metro project to be included in Iraqi budget

  • 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.