INSEAD Day 4 - 728x90

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Burjeel profit nearly doubles

Healthcare demand drives stronger earnings.

Salik profit slips in H1

The company said traffic recovery supported resilience.

Alpha Dhabi profit jumps 48%

AI and technology investments boost earnings.

Iraq allocates $2bn for Baghdad Metro project

The project was included in the budget for the year 2022. (WAM)
  • Prime Minister, Mustafa Al-Kadhimi, said that the phenomenon of traffic jams is unacceptable
  • Al-Kadhimi stressed the need to work for activating traffic lights in the streets of Baghdad

Two billion dollars are allocated in the budget for Baghdad Metro project, Iraq’s Minister of Transport Nasser Hussein Al-Shibli said on Saturday.

The project was included in the budget for the year 2022, and an amount of two billion dollars was allocated by the Ministry of Finance and the ministry is awaiting the approval of the budget for the purpose of starting the signing of the contract,” Al-Shibli said to local news agency.

Prime Minister, Mustafa Al-Kadhimi, had said that the phenomenon of traffic jams is unacceptable, while stressing the need to start Baghdad Metro project.

Al-Kadhimi stressed the “need to work for activating traffic lights in the streets of Baghdad, in order to find a legal traffic regulation and reduce traffic.”