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Iraq Bulletin

Month : May 2026

Business

South Korea ICT exports hit $42.7 billion in April

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South Korea’s information and communication technology exports rose 125.9% from a year earlier to $42.71 billion in April, extending a semiconductor-led surge and marking the second consecutive month the sector has remained above $40 billion. Data released on May 14...
Business

India unveils sovereign-backed maritime insurance pool

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India on May 12 launched the Bharat Maritime Insurance Pool, a $1.5 billion domestic marine insurance mechanism backed by a sovereign guarantee of $1.4 billion, or 12,980 crore rupees, as the government moved to secure maritime cover amid current Middle...
Business

ADNOC Gas posts resilient Q1 profit despite disruption

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ADNOC Gas reported first quarter net income of $1.1 billion, underscoring resilient earnings despite disruption to maritime movements through the Strait of Hormuz. The company said it generated $572 million in free cash flow and ended March with $4.2 billion...
News

Pakistan suicide bombing kills 10 in Lakki Marwat

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A bomb blast tore through a crowded market in Sarai Naurang in Pakistan’s northwestern Lakki Marwat district on Tuesday, killing 10 people and wounding about 30 others, according to police and rescue officials. The dead included eight civilians and two...
Health

Measles outbreak in Bangladesh leaves toll at 415

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Bangladesh’s Directorate General of Health Services said the combined death toll tied to the country’s measles outbreak had risen to 415 by May 11, after six more children died in the previous 24 hours. The total includes 65 laboratory-confirmed measles deaths and...
News

Mayon eruption widens farm toll as crop checks continue

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LEGAZPI: More than 1,200 hectares of farmland in Albay were potentially affected by ashfall from Mayon Volcano’s ongoing effusive eruption, with satellite analysis offering the broadest picture yet of the impact on agriculture. The Philippine Space Agency, or PhilSA, said its crop...
Business

ADB commits $30 billion for ASEAN by 2030

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CEBU: The Asian Development Bank said Friday it will mobilize $30 billion by 2030 to help the Association of Southeast Asian Nations advance long-term development priorities and strengthen resilience to external shocks, giving the 10-member bloc a multiyear financing pipeline centered on...
News

UAE and Austria deepen strategic partnership talks

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ABU DHABI: UAE President Sheikh Mohamed bin Zayed Al Nahyan received Austrian Chancellor Christian Stocker in Abu Dhabi on Friday for talks focused on the two countries’ Comprehensive Strategic Partnership and the impact of regional developments on security and the economy. The meeting brought together...
Business

Egypt secures $1 billion World Bank reform support

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CAIRO: The World Bank Group has approved US$1 billion in new financing for Egypt to support private sector-led job creation, bolster macroeconomic and fiscal resilience, and advance measures tied to a greener economy, marking the latest multilateral backing for the country as it...
Technology

Space42 says Foresight boosts UAE space industry

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ABU DHABI: Space42 said the localisation of assembly, integration and testing for its Foresight synthetic aperture radar, or SAR, satellites shows the UAE is deepening its industrial capability in space technology, as the company ties a series of recent Earth observation milestones...