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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.

Eni profit falls due to dip in oil prices

Q2 net profit fell by 18% to $637 million.

Emirates NBD H1 profit $3.40bn

Total income rose by 12 percent in the same period.

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.”