Shams Telecom and GlobalTek sign cooperation deal
Shams Telecom Signs Strategic Collaboration Agreement with GlobalTek to Boost Iraq’s Tech, Telecom, and Energy SectorsShams Telecom has signed a strategic collaboration agreement with...
Ubisoft shares surge as trading resumes after results ‘restatement’
Paris – Ubisoft’s stock jumped on Friday after returning to trading on the Paris exchange, ending a week of confusion and rumor sparked by...
Iraq’s date exports exceed half a Trillion Dinars in 2024
Iraq announced that its date export revenues for 2024 exceeded half a trillion dinars, strengthening its position among the world’s leading date-producing nations. The...
US envoy warns EU won’t win AI race ‘bringing others down’
The debate between the European Union and the United States over artificial intelligence is increasingly becoming a clash over regulation, competitiveness, and control of...
Asian markets tumble as tech bubble fears grow
Hong Kong — Tech stocks led a broad sell-off across Asian markets on Wednesday, as mounting fears of an AI bubble sparked panic among...
China FM urges US to manage differences in face of trade...
Wang Yi, China’s top diplomat, urged the United States on Sunday to resolve its differences with China, as tensions continue over trade tariffs and...
Back to black: facing energy shock, Asia turns to coal
Asian countries are turning to coal to keep the lights on and energy prices under control after the Iran war disrupted oil and gas...
Germany business morale falls as hopes for revival dim
Frankfurt – A new survey released Monday shows that business confidence in Germany dropped more than expected in November, adding to concerns that companies...
China says vice premier to leave Saturday for US economic talks...
Beijing – China’s top economic official, Vice Premier He Lifeng, will travel to France on Saturday for talks with his U.S. counterpart, just weeks...
Stocks extend gains and oil dips as US, Israel, Iran continue...
Asian markets mostly rose Wednesday while oil prices dipped, following another tech-led rally on Wall Street. The gains come amid ongoing conflict in the...
Asian stocks in retreat as traders eye Fed decision, tech earnings
Asian markets fell on Wednesday as investors waited for a major policy announcement from the U.S. Federal Reserve. The downturn followed a soft trading...
Crude soars, stocks drop after US strikes on Iran
Markets shook on Monday as strikes by the United States and Israel on Iran sent oil prices soaring and stocks across Asia tumbling, stoking...
Iraqi News
Kurdish opposition figure: The region’s finance ministry stole 5 trillion dinars allocated for job...
Independent Kurdish politician Saman Ali has made serious allegations against the Kurdistan Regional Government’s finance ministry, claiming more than 5 trillion dinars meant for...
Iraqi oil prices fall by 2%… Basra crude records $112
Iraqi oil prices moved lower on Wednesday, falling more than 2% as global energy markets weakened.Basra Heavy crude dropped $1.13 to $112.50 per barrel,...
Al-Kadhimi: Halting dollar shipments is American blackmail that infringes on Iraq’s sovereignty.
Former parliamentary finance committee member Mu'in al-Kadhimi criticized reports that the US halted dollar shipments to Iraq, calling the move “political blackmail” and interference...
1.6m bpd Kirkuk Export Pipeline Set for Relaunch
Iraq’s Ministry of Oil says exports through the Kirkuk-Fishkhabour-Turkey pipeline could resume soon, starting with limited volumes.The pipeline has a capacity of 1.6 million...
DNO issues Update on Production
Norwegian energy company DNO has given an update on its operations in Iraq’s Kurdistan region, saying it is preparing to ramp production back up...