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Zain Iraq's Revenue Increases

By John Lee. Zain Iraq's Q2 2022 revenue grew 4 percent to USD 390 million, and EBITDA grew by 16 percent to USD 168 million, according to the company's results statement for the period. The company also reported an EBITDA margin of 43 percent, with net profit reaching USD 5 million. The operator's customer base […]

DNO Updates on Oil Production and Sales

DNO ASA, the Norwegian oil and gas operator, will publish its Q2 2022 operating and interim financial results on Thursday, 11 August 2022 at 07:00 (CET). A videoconference call with executive management will follow at 11:00 (CET). The Company issues below an update on production and sales volumes for the quarter as well as other key […]

Tony Blair Institute: Iraqis More Optimistic for the Future

By John Lee. A new report from the Tony Blair Institute for Global Change claims that Western perceptions of the Arab world are too often shaped by negative stereotypes and anecdotal evidence used to justify prejudicial views - rather than by reality. As a result, it says, our understanding of who Arabs are, and what […]

Iran's Saha Airlines commences Flights to Najaf

By John Lee. The Iranian carrier Saha Airlines has reportedly operated its first flight to Iraq's Najaf International Airport on Friday. Shafaq reports that 70 passengers were flown from Isfahan to Najaf. FlightRadar24 confirms that a Boeing 737-31S belonging to the company landed at Najaf at 01:14, taking off again for Isfahan at 02:25. Wikipedia states […]

KAW to represent JCB In Iraq

By John Lee. UK-based heavy machinery maker JCB has announced that it has signed a partnership agreement with Khair Al-Wady Al-Athim (KAW). Under the contract, KAW will supply the full range of JCB construction, industrial, access and power products in Iraq. According to media reports, KAW is part of the Baghdad-based Al Sadeq Group. (Source: […]

Iran, Iraq sign MoU to tackle Dust Storms

By John Lee. Iraq and Iran have signed a memorandum of understanding (MoU) to help tackle the major dust storms that have afflicted the region. It was signed by the Head of Iran's Environment Department, Ali Salajegheh [Selajgeh], and Iraq's Minister for the Environment, Jasesim Al-Falahi [Jassim Abdel Aziz Hammadi] during a meeting in Tehran […]

Iraqi PM sets Objectives for Regional Summit

By Al Monitor staff. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraqi prime minister sets objectives for regional summit Amid longstanding political deadlock and economic and environmental challenges, Iraqi prime minister Mustafa Kadhimi is attending the GCC +3 Summit in Saudi Arabia. […]