AirAsia signs $19bn deal for 150 Airbus A220 jets
Southeast Asian budget airline AirAsia has signed a massive $19 billion deal to buy 150 new Airbus A220-300 jets.
The agreement was announced at Airbus...
Asian markets track Wall St lower as AI fears mount
Asian stock markets fell on Thursday, following another rough day on Wall Street, as investors continue to worry about the tech sector — especially...
Striking Boeing defense workers to vote on latest contract
New York – More than 3,000 striking Boeing defense workers are set to vote Thursday on a revised contract proposal that moves closer to...
US in the spotlight at WTO meet
At the World Trade Organization (WTO) ministerial meeting in Yaoundé, Cameroon, tensions are building around the future role of the United States in global...
IFBC Signs Strategic MoU with Business France
The Iraqi-French Business Council (IFBC) has signed a new Memorandum of Understanding with Business France to boost economic cooperation and open more investment doors...
Trump’s Fed chair pick to face lawmakers at key confirmation hearing
Kevin Warsh is heading into a high-stakes Senate hearing as Donald Trump’s pick to lead the Federal Reserve.
In his prepared remarks, Warsh is expected...
RT Bank opens Basra branch to expand in southern Iraq
Region Trade Bank Opens New Branch in Basra
Region Trade Bank has opened a new Commercial Region Bank branch in Basra, continuing its plan to...
Asian markets mixed as traders eye US data ahead of Fed...
Summary of Asian Markets & Global Outlook
Asian stocks were mixed on Monday as investors waited for key U.S. economic data that could influence the...
Iraq’s Civil Defense acquires IVECO Eurocargo firefighting trucks
IVECO and MTT Deliver 20 Eurocargo Firefighting Trucks to Iraq’s Civil Defense Directorate
Baghdad — IVECO and its local distributor Machine Technology Trading Co. (MTT)...
Stocks rally as bumber Nvidia report offsets Fed rate concern
Asian markets jumped on Thursday after Nvidia posted huge earnings, easing fears that the AI boom is turning into a bubble. The strong numbers...
What are ‘rare earths’ for?
Paris – Rare earth metals are a big deal. They’re essential for making smartphones, fighter jets, electric cars, and even wind turbines. And this...
Brazil’s Petrobras sees profit soar on record output
Petrobras said its profits nearly tripled last year, hitting $19.6 billion, up from $7.5 billion in 2024, thanks to record oil and gas production....
Iraqi News
IMF Forecasts Bigger Contraction for Iraqi Economy
The International Monetary Fund (IMF) has revised its economic forecasts to account for the ongoing conflict in the Middle East, warning that several energy-producing...
Najaf Solar Plant Capacity Could Double
Iraq is reviewing plans for a solar power station in Najaf province, with discussions under way about increasing the project's capacity from 1,000 megawatts...
Iraqi oil continues its upward trend, with Brent crude surpassing $106 per barrel.
Iraqi oil prices rose on Wednesday as crude prices also increased in global markets. Gains were recorded across all major grades, including Basra Heavy,...
Two weeks to recalculate the budget… Parliamentary Finance Committee reveals the repercussions of the...
Former Parliamentary Finance Committee member Mohammed al-Shabaki said the Iraqi government will need at least two weeks to restructure the budget following the decision...
Investment Call for Mosul Airport Management
Iraq has invited international companies specializing in airport management and operations to invest in and develop Mosul International Airport.
Prime Minister Ali al-Zaidi made the...