This is a temporary backup site for TRENDS MENA while our primary website is being restored following a regional disruption affecting Amazon Web Services cloud infrastructure in the GCC.

Search Site

BYD 2025 revenue surges

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

Aramco net income $28bn

Capital investment during Q3 2025 $12.9bn on investments in energy projects.

e& revenue up 23%

Consolidated net profit reached $2.94 billion during 2025.

Al Rajhi profit up 26%

Operating income for 2025 increased 22% to SAR 39 bn.

Emirates NBD 2025 profit $8.5bn

Total income rises by 12 percent, operating profit up 13%.

Iraq, GECF discuss role of oil, gas in country’s development

  • The two discussed the oil and gas sector and stressed on the importance of supporting gas and renewable energy investment projects.
  • The two leaders discussed on the development of the oil and gas sector in Iraq and its role in the country's economy.

BAGHDAD, IRAQ –  Secretary General of the Gas Exporting Countries Forum (GECF) Mohammed Hamel on Friday stressed the importance of Iraq in the oil and gas sector.

Iraqi Ministry of oil said in a statement, “Deputy Prime Minister for Energy Affairs and Oil Minister Hayyan Abdul Ghani, met GECF Secretary General Hamel in Vienna.”

The ministry said, “They discussed developments in the gas sector in the world and stressed the importance of supporting gas and renewable energy investment projects.”

The ministry added, “They discussed the role of the oil and gas sector in addressing environmental impacts.”

The statement pointed out that the oil minister spoke on the development of the gas sector in Iraq.

The Iraqi oil minister said that government support for investment of gas contributes to the promotion of associated industries.

The minister referred to the “national strategy aimed at investing gas, as well as the development and investment of exploration sites with hydrocarbon – gas compositions through cooperation with specialized international companies.”

He also referred to “the exploitation of smart technologies to increase energy efficiency.”

Hamel stressed the “importance of the role played by Iraq in the oil and energy sector.”