This is a temporary backup site for TRENDS MENA while our primary website is being restored following a regional disruption affecting Amazon Web Services cloud infrastructure in the GCC.

Search Site

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 Jordan to ease its chronic outages

  • With its generating capacity ravaged by decades of conflict and underinvestment, Iraq has long relied on imports of both gas and electricity from neighboring Iran.
  • The 340-kilometre (210-mile) power line from Jordan will officially start operating on Saturday, the electricity ministry said in a statement.

Baghdad, Iraq — Iraq said Friday a power line would soon bring electricity from Jordan to the border area as authorities aim to diversify energy sources to ease the country’s chronic outages.

With its generating capacity ravaged by decades of conflict and underinvestment, Iraq has long relied on imports of both gas and electricity from neighboring Iran.

The 340-kilometer (210-mile) power line from Jordan will officially start operating on Saturday, the electricity ministry said in a statement.

In a first phase, it will provide 40 megawatts (MW) of power to the Al-Rutbah area near the border. Its capacity will then be boosted to 150 MW and finally 500 MW to cover “several large parts” of Anbar province, west of the capital Baghdad.

Despite its vast oil reserves, Iraq suffers rolling power cuts that can can last up to 10 hours a day, forcing those households that can afford it to subscribe to neighbourhood generators as a back-up.

Iraq’s imports from Iran are carefully monitored by the United States to make sure they do not breach US sanctions on Tehran, which regularly cuts supply to punish non-payment.

Power outages are particularly severe in the summer when temperatures regularly hit 50 degrees Celsius (122 Fahrenheit) and demand for refrigeration and air-conditioning surges.