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Iraq

BYD 2025 revenue surges

The EV manufacturer reported net profit of $.3.3bn for 9M 2025.

Aramco net income $28bn

Capital investment during Q3 2025 $12.9bn on investments in energy projects.

e& revenue up 23%

Consolidated net profit reached $2.94 billion during 2025.

Al Rajhi profit up 26%

Operating income for 2025 increased 22% to SAR 39 bn.

Emirates NBD 2025 profit $8.5bn

Total income rises by 12 percent, operating profit up 13%.
  • Iraq to import electricity from Turkey for northern provinces

    Baghdad, Iraq -- Iraq said Sunday a new power line will bring electricity from Turkey to its northern provinces as authorities aim to diversify the country's energy sources to ease chronic power outages.The 115-kilometre (71-mile) line connects to the Kisik power station west of Mosul and will provide 300 megawatts from...
  • Counter protests in Iraq as pro Sadr protestors occupy Parliament

    On Monday afternoon, large numbers of security forces set up roadblocks in a bid to contain the counter-protests.
  • Moqtada Sadr urges more protests as supporters occupy parliament

    Powerful Iraqi Shiite preacher Moqtada Sadr Sunday urged other factions to support a protest that has seen his followers occupy parliament in a dispute over who should name the next prime minister. On Sunday, the protesters appeared in no mood to leave, as volunteers distributed soup, hard-boiled eggs, bread and...
  • Protestors stream into Iraq parliament with hot meals and tea

    Volunteers shuttled back and forth in fleets of pickups to Iraq's normally secure Green Zone Saturday as protesters who occupied parliament earlier in the day settled in for the long haul.
  • No plan to leave Iraq’s parliament, say pro-Sadr protesters

    Supporters of Iraqi cleric Moqtada Sadr penetrated Baghdad's heavily fortified Green Zone on Saturday, occupying parliament with no plan to leave. It is the second time in days that Sadr supporters have forced their way in to the legislative chamber, months after elections that failed to lead to formation of...
  • More protests or fresh polls? Iraq mulls political paralysis

    The storming of Iraq's parliament by hundreds of supporters of populist Shiite cleric Moqtada Sadr has piled pressure on his political opponents working to form a government nearly 10 months after an election.
  • Rockets hit Emirati-owned gas complex in north Iraq

    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. The assaults have come amid a simmering oil dispute between Kurdistan and the federal government in Baghdad.
  • Iraq seeks to boost relations with Algeria in multiple sectors

    Prime Minister Mustafa Al-Kadhimi affirmed Saturday Iraq aspires to strengthen the relations with Algeria in various fields. "PM Al-Kadhimi received the Minister of Foreign Affairs of the People's Democratic Republic of Algeria, Ramtane Lamamra, and the accompanying delegation," local media reported. They discussed bilateral relations between the two nations, including...
  • Iraq receives 125 antiquities borrowed from Germany

    Iraq has received 125 antiquities borrowed from Germany, Foreign Ministry spokesman Ahmed Al-Sahaf announced Sunday. "The Embassy of the Republic of Iraq in Berlin received 125 artifacts by Susan Bullock from the Institute for Near Eastern Archeology of the Free University of Berlin," Al-Sahaf stated in a statement received by...
  • Iraq and Kurdistan decide to talk to resolve oil dispute

    The federal government in Baghdad and the autonomous Kurdish region pledged Saturday to "increase dialogue" to ease a simmering oil dispute that has been playing out in the courts in recent months.
  • Iraq to host ‘public’ meeting of Iran, Saudi foreign ministers

    It will be a public meeting, (unlike) previous encounters that were held privately at a low level between intelligence and security officials, said Iraqi foreign minister Fuad Hussein.
  • Iraq mountain rest spot bears scars of deadly shelling

    Abandoned sandals and upturned chairs attest to the panic that gripped this peaceful rest spot in Iraq's Kurdish mountains when deadly shelling slammed into it this week. Turkey denies that its forces were responsible for the artillery fire that killed nine people and wounded 23 on Wednesday.
  • Iraq PM blames Turkey after Kurdistan shelling kills 9 civilians

    Nine civilians including children were killed in a park in Iraq's autonomous Kurdistan region Wednesday by artillery fire that Baghdad blamed on neighbouring Turkey, a country engaged in a cross-border offensive. In an unusually strong rebuke, Prime Minister Mustafa al-Kadhemi warned Turkey that Baghdad reserves the "right to retaliate", calling...
  • Biden’s Arab trip lukewarm, at best

    The US president could not dispel the view that the Washington is no longer a reliable ally and he also failed to connect at a personal level with the young GCC leaders, say experts.
  • Investors stay away as oil fuels tension in Iraq

    The long-simmering dispute came to a head in February when the federal supreme court ordered Kurdistan to hand over oil extracted from its territories to the federal authorities. Authorities in the Kurdistan capital Arbil have cried foul, accusing Baghdad of heaping "unjust pressure" on them.
  • Oil wealth stirs up Baghdad-Kurd enmity amid deadlock

    Iraq's oil wealth is rekindling tensions between federal authorities and the autonomous Kurdish region, in a row that could compromise the lifeline industry and keep investors away, analysts say.
  • Iraqi PM calls for joint efforts to tackle issues facing region

    Iraqi Prime Minister Mustafa Al-Kadhimi said the Middle East has been affected by climate change, water crisis, dangers of desertification, health challenges such as the COVID-19 pandemic and called for joint efforts to confront them.
  • Iraq launches drive to preserve national icon: date palms

    Thousands of young date palms, Iraq's national symbol, form lines that extend from the edge of the desert near the central city of Karbala and into the horizon.
  • Troubled waters: Iraqi spa reborn after IS massacres

    Located 30km south of Mosul, Hamam al-Alil , meaning the baths of the sick in Arabic, built a solid reputation over decades with its therapeutic sulfurous waters.
  • German lawmakers recognize the 2014 Yazidi ‘genocide’

    Germany, home to a large Yazidi diaspora, is one of the few countries to have taken legal action against IS.
  • Kurdish Iraq decries ‘unjust pressure’ from Baghdad in oil row

    Iraq's autonomous Kurdistan region Wednesday deplored "unjust pressure" from the federal government's oil ministry, days after the judiciary nullified oil contracts between the Kurds and foreign oil firms. After the oil ministry filed a judicial complaint, a commercial court in the Iraqi capital on Monday invalidated contracts between the Kurdish...
  • ‘Displaced in Iraq to return to their homes by end of 2023’

    The UNDP confirmed the implementation of 3,800 projects in five liberated Iraqi governorates and said that it is helping five million internally displaced persons return to their areas.
  • Iraq’s June crude oil export revenue $11 billion: Ministry

    Iraq received in excess of $11 billion as revenue for crude oil export in June, the Ministry of Oil said. Oil ministry was quoted as saying by the local media that "the total amount of crude oil exports for the month of June, according to the preliminary statistics issued by...
  • Jordan imports 12.99mn barrels of crude oil in 2021

    Jordan imported 11.8 million barrels of crude oil through the port of Aqaba, while a total of about 1.19 million barrels of Iraqi oil were imported since supply was launched at the beginning of September 2021 until end of 2021
  • Iraq PM visits Saudi Arabia and Iran to broker peace

    Iraq's prime minister met with leaders in rivals Saudi Arabia and Iran on Sunday, discussing regional stability as part of Baghdad's efforts to mediate between the two Middle East heavyweights.
  • Iraq’s summer of ‘hell’ has just begun

    Umm Mohammed, 74, waves a fan back and forth to cool down, but in the blistering heat of Iraq's southern city of Basra there is nothing but stiflingly hot air.
  • Iraqi migrant in Britain fears Rwanda deportation

    Nearly a week ago, Iraqi Kurd Barham Hama Ali found himself in the unimaginable position of being aboard a deportation flight set to take off for Kigali, thousands of miles from home.
  • Iraq asks Iran to hike gas supplies to run power plants

    Iraq is in discussions with Iran to increase gas transportation to the country in order to operate power plants. The ministry of electricity for Iraq feels that Iran understands Iraq's needs. The ministry's spokesman, Ahmed Musa, told the Iraqi News Agency (INA), that "the ministry is continuing with the Iranian...
  • Gazelles in Iraq die of hunger

    Gazelles at an Iraqi wildlife reserve are dropping dead from hunger, making them the latest victims in a country where climate change is compounding hardships after years of war.
  • Iraq settles $1.6 billion payment of Iranian gas imports

    The debt dates back to 2020, but payment was stalled amid sanctions against Iran by the United States.
  • High car sales adds to Iraq’s road misery

    Five years ago, Iraqi taxi driver Osama Mohammed would make about six trips a day across Baghdad. Today, traffic is so bad he feels lucky to do three.
  • Oil revenues help boost MENA economic growth

    Economic growth in the MENA region is forecast to accelerate to 5.3% in 2022 before slowing to 3.6% in 2023, according to the World Bank. Find out the country-wise breakup.
  • Another sandstorm brings Iraq to a halt as airports shut

    President Barham Saleh warned that tackling climate change "must become a national priority for Iraq as it is an existential threat to the future of our generations to come".
  • Jordan’s exports from Jan-May 2022 hit $478 million

    Amman Chamber of Commerce (ACC) said that the total value of exports during the January-May period 2022 amounted to JD339 million, compared to JD248 million for the first five months last year. According to the ACC's statistical data announced on Sunday, the number of ACC certificates of origin issued during...
  • PIF, Capital Bank Group sign pact

    The deal worth $185m makes PIF a strategic investor in the group.
  • Iraq to France: Ready to supply European markets oil

    Iraq's State Organization for Marketing of Oil (SOMO) has said it approached France about the possibility of Iraq's supplying the European market with oil. The Organization's General Manager Alaa Al-Yasiri said that French parties concerned with the possibility of being supplied with oil have been addressed but gave no further...
  • Iraq seeks to enhance global trade relations: official

    Iraq seeks to enhance economic and commercial relations with the international community, said Hamid Al-Ghazi, the Iraqi Secretary-General of the Council of Ministers.
  • Two Turkish soldiers killed in military operation in Iraq

    Another two Turkish soldiers have been killed during military operations against Kurdish militants in the north of Iraq, Turkey's defense ministry and media said Sunday.
  • Iraq battles with outbreak of deadly nose-bleed fever

    Spraying a cow with pesticides, health workers target blood-sucking ticks at the heart of Iraq's worst detected outbreak of a fever that causes people to bleed to death. The virus has no vaccine and onset can be swift, causing severe bleeding both internally and externally and especially from the nose.
  • Iraq allocates $2bn for Baghdad Metro project

    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...
  • Iraqi boy evades security, boards Iran-bound plane

    Iraqi aviation authorities have been left red-faced after a 10-year-old boy on his own boarded an Iran-bound plane from a busy airport in a Shiite shrine city after several security checks.
  • Iraqi arrested in plot to kill ex-president Bush

    Shihab Ahmed Shihab, 52, told an FBI informant that he wanted to smuggle at least four other Iraqis into the country over the border with Mexico to undertake the plot.
  • Sandstorm forces closure of Iraqi airports, public buildings

    Iraq closed public buildings and temporarily shut airports Monday as another sandstorm -- the ninth since mid-April -- hit the country, authorities said. The capital Baghdad was enveloped in a giant dust cloud that left usually traffic-choked streets largely deserted, an AFP correspondent said. Prime Minister Mustafa al-Kadhemi ordered all...
  • Trial of two Europeans for Iraq antiquity theft adjourned

    An Iraqi court on Sunday adjourned for two weeks the trial of a Briton and a German man accused of trying to smuggle antiquities after a defense lawyer called for more investigations.
  • Iraq’s financial reserves may reach $40 billion by 2022 end: Official

    Iraq's financial reserves are expected to reach $40 billion in case the current fiscal year ends without enacting a budget law, according to Mazhar Muhammad Salih, advisor to Iraq's Prime Minister Mustafa al-Kadhimi. Local media reports quoted Salih as saying that "it is not possible to pass any law by...
  • Iraq will have a surplus of the difference in selling oil: FM

    Iraq's Finance minister said during a Television interview, "Iraq will have a surplus of the difference in selling oil, up to 20 billion dollars," stressing that "in light of the current financial abundance, it is unlikely to resort to borrowing."
  • Central Bank of Iraq increases its capital to $3.42 billion

    The Central Bank of Iraq has announced an increase in its capital to 5 trillion dinars ($3.42 billion) Iraqi media reports said recently that the bank decided to its capital from 3 trillion dinars to 5 trillion dinars. "This increase comes to enhance the results of its balanced policies with...
  • For Iraqis back from Syria, life on hold in ‘rehabilitation’ camp

    Iraqi Foreign Minister said his country is determined to repatriate all the families stuck in the Syrian camp after "security checks" are completed.
  • Trawling Iraq’s threatened marshes to collect waste

    The swamps, nestled between the Tigris and Euphrates rivers, are one of the world's largest inland deltas and were declared in 2016 a UNESCO World Heritage site.
  • World’s tallest building engulfed as Mideast sandstorms hit UAE

    The world's tallest building disappeared behind a grey layer of dust on Wednesday as sandstorms that have swept the Middle East hit the United Arab Emirates, prompting weather and traffic warnings. The 828-metre (2,716 ft, 6ins) Burj Khalifa, which towers over Dubai and is usually visible across the busy financial...
  • UN calls on Iraqi politicians to end seven-month stalemate

    The UN envoy to Iraq on Tuesday urged Iraqi politicians to end a deadlock which has kept parliament from forming a new government for more than seven months, warning that the crisis could spark civil unrest. "The streets are about to boil over in Iraq," Jeanine Hennis-Plasschaert told reporters.