Iraqi Oil Marketing Company

du 9M profit up 10.8%

Revenue grows as connectivity demand supports earnings

Al Rajhi Bank 9M profit up

Revenue growth lifts earnings despite higher provisions

Mashreq prices Dim Sum bond

UAE bank raises offshore renminbi funding

Aldar buys Sharjah homes

Deal adds 1,100-plus rental units

SIB profit up 9%

Higher income from financing and investment drive growth.

  • Baghdad, Iraq - Iraq's Ministry of Oil has said that the country's crude oil exports reached over 100 million barrels in June, generating revenue of approximately $7.115 billion. The preliminary statistics issued by the Iraqi Oil Marketing Company (SOMO) revealed that the majority of these exports - amounting to almost...

  • Iraq exports crude oil worth over US$7bn in June 2023

    BAGHDAD, IRAQ -   Total crude oil exports in June reached over 100 million barrels, the Iraqi government said in a statement. The preliminary statistics issued by the Iraqi Oil Marketing Company (SOMO) revealed that total crude oil exports in June generated revenue of approximately US$7.115 billion. The majority of these...

  • Iraq, OPEC’s second largest producer, imports oil products

    Dubai, UAE-- Iraq has imported oil derivatives - gasoline, kerosene and gas oil - worth more than $5 billion in 2022, the state-run Iraqi Oil Marketing Company (SOMO) said Tuesday. The company's data showed that Iraq's imports of kerosene (white oil) amounted to 167,433 metric tons valued at $159.27, according...