Search Site

Trends banner

ADCB to raise $1.66bn

The rights issue aimed at boosting growth.

EGA H1 revenue $4.11bn

Net profit before GAC $445 million.

Borouge to pay $660m H1 dividend

Its net profit for H1 was $474 million.

TAQA secures $2.31bn loan

It will be utilized in a phased manner.

Aramco signs $11bn deal

The deal involves its Jafurah gas facilities.

Bomb-laden drones hit Erbil airport in northern Iraq

    • The attack took place at around 1930 GMT but caused no injuries or major damage

    • Since the start of the year, dozens of attacks have targeted US interests in the country

    Explosive-laden drones attacked the international airport in the northern Iraqi city of Erbil late on Tuesday, close to the American consulate, Kurdish authorities said.

    The attack took place at around 1930 GMT but caused no injuries or major damage, with firefighters putting out a blaze, the anti-terrorist unit of the autonomous Iraqi Kurdistan region said in a statement.

    The airport in Erbil, which houses a military base of the international coalition fighting the Islamic State jihadist group, was also targeted in April by a drone packed with explosives.

    Since the start of the year, dozens of attacks have targeted US interests in the country, where 2,500 American troops are deployed as part of the coalition. 

    On Monday, US forces shot down an armed drone above the country’s embassy in Baghdad.

    Hours earlier, three rockets had targeted an air base in the western Iraqi desert that also housed US troops.

    The United States recently offered up to $3 million for information on attacks targeting its interests in Iraq.