INSEAD Day 4 - 728x90

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

Burjeel profit nearly doubles

Healthcare demand drives stronger earnings.

Rockets hit key oil refinery in Iraq, causes minor damage

A fire broke out at the site but was quickly contained/ AFP)
  • Kurdish counter-terrorism forces said in a statement that six rockets fell near the Zab river in the Khabat district
  • The attack which caused no casualties or damage was not immediately claimed by any organization

Six rockets landed Sunday in northern Iraq’s autonomous Kurdistan region, Kurdish counter-terrorism forces said, with “minor damage” reported at a key oil refinery, according to a separate security source.

“Six rockets fell near the Zab river in the Khabat district,” Kurdish counter-terrorism forces said in a statement, without specifying the target of the attack.

The attack caused no casualties or damage, the statement said.

But two sources speaking on condition of anonymity said that two rockets hit part of the Kawergosk refinery northwest of the Kurdish capital Arbil, causing “minor material damage”.

A fire broke out at the site but was “quickly contained”, one of the sources said.

The rocket attack was not immediately claimed.

The Kurdish counter-terrorism forces said the rockets were fired from the town of Bartella in the neighboring Nineveh province.

Nineveh falls under the administration of the federal government in Baghdad. Its capital Mosul was once the stronghold of the Islamic State jihadist group before it was retaken by pro-government forces in 2017.

In early April, three rockets landed at Kawergosk, with no casualties or material damage reported.

The April rocket fire came less than a month after Iran’s Revolutionary Guards — the Islamic republic’s ideological army — claimed ballistic missile fire on Arbil that it said targeted an Israeli “strategic center”.

Kurdish authorities have insisted the Jewish state has no sites in or near Arbil.