INSEAD Day 4 - 728x90

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Iraq confirms Turkey’s intention to enhance water release

A Turkish delegation will visit Iraq to look into the water reserves and construction of dams. (Creative Commons)
  • Iraq's Ministry of Water Resources said that Turkey will increase the quantum of water to be released in the Tigris River
  • The ministry said that a Turkish delegation will visit Iraq to look into the water reserves and construction of dams

Iraq’s Ministry of Water Resources said that Ankara intends to increase the quantum of water to be released to the Tigris River, adding that a Turkish delegation will visit Iraq to look into the water reserves and construction of dams.

The official spokesman for the ministry, Ali Radi, told the Iraqi News Agency (INA), that “the ministry launched water storage from dams and reservoirs to treat water scarcity in the marshes and remote areas, as well as pushing the salt tongue in the Shatt al-Arab.”

Radi said, “The speech of the Turkish ambassador, Ali Reza Günay, incorporated many points, including that a delegation would be sent to Iraq to review the construction of dams and water storage and he confirmed the intention of the Turkish side to increase water releases from the Tigris River.”