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ECB: Inflation remains steady despite Hormuz reopening

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ECB: Inflation remains steady despite Hormuz reopening

Malaz and NHC to issue defect insurance

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Malaz and NHC to issue defect insurance

Foreign investors exit Asian stocks

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Foreign investors exit Asian stocks

Reuters: Tesla gave misleading safety info to EU

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Reuters: Tesla gave misleading safety info to EU

Saudi producer prices rose 9.1% in April

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Saudi producer prices rose 9.1% in April
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Iraq halts Baghdad Airport project due to corruption

Iraq halts Baghdad Airport project due to corruption

Iraqi Prime Minister Ali Al-Zaydi has decided to cancel the development project of Baghdad International Airport, valued at $764 million. The previous government had approved this project aimed at modernizing the airport and increasing its capacity. The cancellation was due to suspicions of corruption related to the bidding process and contractual conditions, as part of the government's efforts to combat corruption and improve public resource management. The project had included building a modern terminal and doubling the airport's capacity, which was estimated at 15 million passengers annually. However, it was canceled after increased scrutiny of infrastructure projects.

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