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Economy, Geostrategy

IHC H1 net profit $2.94 billion

The company posted 31% increase in revenue.

ADNOC Gas signs LNG deal

Will supply 0.5mmtpa of LNG to India's HPCL.

Alpha Dhabi H1 profit $1.79bn

Adjusted EBITDA rises to $2.36bn.

Borouge Q2 net profit $193m

The H1 revenue stood at $2.72 billion.

ADNOC Drilling H1 revenue $2.37bn

The company posted a net profit of $692m.

Iraq seeks to enhance global trade relations: official

Iraqi Prime Minister Mustafa al-Kadhimi chairs the ministerial meeting of the new Iraqi cabinet in Baghdad. (AFP/File)
By TRENDS Desk
May 31, 2022 2:13 pm
  • Iraq seeks to enhance economic and commercial relations with the international community, said Hamid Al-Ghazi, the Iraqi Secretary-General of the Council of Ministers
  • Spanish ambassador Pedro Martinez said his government will support Iraq in all fields, especially in climate change

With visiting Spanish ambassador Pedro Martinez by his side, Hamid Al-Ghazi, the Iraqi Secretary-General of the Council of Ministers on  Monday said that Iraq seeks to enhance economic and commercial relations with the international community.

“The next phase will witness the implementation of many ministerial and investment projects in various sectors in Iraq,” Al-Ghazi said following his meeting with Martinez.

Martinez said the Spanish government will support Iraq in all fields, especially in climate change.

“Spain is exposed to water scarcity, and the need for joint action and the exchange of experiences is vital in this area.”

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