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 distributing residential lands under Dari initiative

Iraqi Prime Minister Mustafa Al-Kadhimi called for efforts to ensure food security and secure energy supplies
  • The “residential parts will be distributed”, and service buildings will be “built from health and school centers.
  • During its meeting on September 22, 2021, the cabinet voted on the mechanism for the distribution of residential land.

Iraqi Prime Minister Mustafa Al-Kadhimi has directed contracting with investment companies to build infrastructure in the areas where residential land will be distributed as part of the Dari initiative.

The Iraqi General Secretariat of the cabinet confirmed this on Tuesday.

“The process of handing over plots to those covered by the (Dari) initiative launched by Prime Minister Mustafa Al-Kadhimi is carried out in the form of steps,” Haidar Majid, spokesman for the Cabinet Secretariat, told the local media.

“Al-Kadhimi informed the Ministry of Reconstruction of the contract with investment companies for the purpose of establishing the full infrastructure of the places”, noted Haidar Majid.

The “residential parts will be distributed”, and service buildings will be “built from health and school centers so that they are habitable,” he said.

During its meeting on September 22, 2021, the cabinet voted on the mechanism for the distribution of residential land in accordance with the Dari initiative.

The Planning Minister Khaled Batal indicated that loans would be provided from government banks to citizens covered by residential land.