INSEAD Day 4 - 728x90

Ministry of Oil

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.
  • Baghdad, Iraq -- Iraq's oil revenues in August hit nearly $9 billion, according to the data issued by the Iraqi Oil Marketing Company (SOMO). The $8.99 billion revenue came from crude oil exports of more than 106 million barrels, the country's Ministry of Oil said in a statement, according to...
  • Iran’s oil output capacity up 40 percent in two years: Oil Minister

    Tehran, UAE -- Iran’s oil production capacity has increased 40 percent in two years with the rise in investment in semi-finished oil projects, the country's Minister of Oil Javad Owji said Sunday. He said since the beginning of the administration of President Ebrahim Raisi, in August 2021, increasing investment opportunities...