INSEAD Day 4 - 728x90

2PointZero posts profit surge

Growth driven by merger consolidation.

Mashreq Q1 profit rises

Total revenue increased 10% year-on-year.

TECOM profit climbs

High occupancy across assets boosts earnings.

Emirates Stallions Q1 revenue up 11%

The rise helped by strong demand in real estate

ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.

Rockets hit Emirati-owned gas complex in north Iraq

The sun sets as flare stacks burn off excess gas at the Mushrif site inside the Zubair oil and gas field, north of the southern Iraqi province of Basra. AFP
  • In June, the site owned by UAE energy company Dana Gas was targeted three separate times by rockets that did not cause casualties or damage
  • The gas field lies between the cities of Kirkuk and Sulaimaniyah, in a region administered by Kurdish authorities

Three Katyusha rockets hit a gas complex in Iraq’s autonomous Kurdistan region on Saturday, a local official said, in the latest attack to target the Emirati-owned facility.

“It is still not yet clear if there was any damage” in the attack on the Khor Mor complex, said Ramak Ramadan, district chief of Chamchamal where the facility is located.

In June, the site owned by UAE energy company Dana Gas was targeted three separate times by rockets that did not cause casualties or damage.

No none has claimed responsibility for the attacks.

The gas field lies between the cities of Kirkuk and Sulaimaniyah, in a region administered by Kurdish authorities.

Rockets also struck the Kawergost refinery in Kurdistan in April and May.

The assaults have come amid a simmering oil dispute between Kurdistan and the federal government in Baghdad.