BAGHDAD: Iraqi oil explorer Gulf Keystone faced losses after a year when oil production stopped due to an unpaid £140million bill.
Pre-tax losses at the Kurdistan-focused firm rose from £22million to almost £170million last year.
During the year founder and chief executive Todd Kozel left the firm following a disagreement with a shareholder, and only days ago former Glencore boss Simon Murray quit the chairman’s post.
lamic banking assets reach Rs14.47 trillion, sector share rises to 23%
KARACHI: Pakistan’s Islamic banking sector expanded during 2025, increasing its share in the country’s financial system with assets reaching nearly...
