July, 2022 - Iraq Bulletin

ADNOC announces second gas discovery offshore Abu Dhabi

EditorJuly 29, 2022

July 29, 2022

As part of Abu Dhabi’s Offshore Block 2 Exploration Concession, operated by Eni, Abu Dhabi National Oil Company (ADNOC) has announced a second gas discovery. Approximately 1 to 1.5 trillion standard cubic feet (TSCF) of raw gas have been located in a newly discovered deeper reservoir. The total amount of......

Health

South Korea reports over 88,000 new COVID-19 cases in 24 hours

EditorJuly 28, 2022

July 28, 2022

South Korea reported 88,384 newly reported COVID-19 infections and 25 deaths in the past 24 hours, the Korea Disease Control and Prevention Agency (KDCA) said. Yonhap News Agency quoted KDCA as saying that the infection toll rose to 19,535,242 and the death toll reached 24,957. KDCA data shows that the......

Business

Bouroge announces 16.4 percent YoY revenue growth

EditorJuly 28, 2022

July 28, 2022

In the first half of 2022, Borouge Plc, a petrochemical firm that produces innovative and differentiated polyolefin solutions, reported a 16.4% increase in revenue to $3,460 million versus the same period last year. This was driven by an 8.6% growth in sales volume and a 4.1% increase in average price......

Travel

Record-breaking profit for Etihad Airways in the first half of 2022

EditorJuly 28, 2022

July 28, 2022

A record-breaking $296 million core operating profit was posted by Etihad Airways for the first half of 2022 (H1 2021: $392 million loss). The company achieved this result despite fuel costs increasing by almost 60% compared to last year. Etihad carried 4.02 million passengers in H1 2022, an increase of......

News

King Abdullah meets with Israeli PM Yair Lapid

EditorJuly 27, 2022

July 27, 2022

His Majesty King Abdullah met with Israeli Prime Minister Yair Lapid at Al Husseiniya Palace on Wednesday, and the two discussed matters of mutual interest. During the meeting, King Abdullah stressed the importance of creating a political horizon for a just, comprehensive, and lasting peace based on a two-state solution,......

Travel

Emirates adds a second daily flight to its Tel Aviv schedule

EditorJuly 27, 2022

July 27, 2022

Emirates announced today that it plans to add a second daily flight between Dubai and Tel Aviv. This will be effective beginning 30 October 2022, as part of its efforts to boost connectivity and increase travel options for customers. In response to high demand, Emirates is adding a morning frequency......

Business

ADNOC Drilling awarded $2 billion for the Hail, Ghasha Development Project

EditorJuly 27, 2022

July 27, 2022

In connection with the Hail and Ghasha Development Project, Abu Dhabi National Oil Company (ADNOC) announced the award of two large contracts totaling $2 billion (AED7.49 billion) to ADNOC Drilling. A total of $1.3 billion (AED4.89 billion) will be spent on integrated drilling services and fluids, and $711 million (AED2.6......

Health

South Korea reports more than 100K new COVID-19 cases

EditorJuly 27, 2022

July 27, 2022

South Korea reported 100,285 new COVID-19 infections and 25 deaths in the past 24 hours, the Korea Disease Control and Prevention Agency (KDCA) said. Yonhap News Agency quoted KDCA as saying that the infection toll rose to 19,446,946 and the death toll reached 24,932. According to the KDCA, the daily......

News

Four dead as earthquake of magnitude 7.1 strikes Luzon island in Philippines

EditorJuly 27, 2022

July 27, 2022

An earthquake of 7.1 magnitude has been reported by the American Geological Survey as having struck the Philippine island of Luzon on Wednesday. Severe tremors were felt throughout Manila, the capital of the country. In the northern Philippines on Wednesday, the earthquake triggered landslides and damaged buildings, killing at least......

Business

Dailyhunt enters into a strategic content partnership with MENA Newswire

EditorJuly 27, 2022

July 27, 2022

MENA Newswire: Dailyhunt, India’s #1 local language content discovery platform powered by VerSe Innovation, today announced its strategic multi-year content partnership with MENA Newswire, a media-tech startup that is reshaping the future of content distribution across the Middle East region. VerSe Innovation, currently valued at $5 Billion has rolled out......