Mideast war revs up electric car demand in Asia
Across Southeast Asia, rising fuel prices linked to conflict in the Middle East are pushing more people to switch to electric vehicles.
In cities like...
IMF reaches agreement with Senegal on new $2.2 bn loan programme
The International Monetary Fund (IMF) has reached a staff-level agreement with Senegal on a new $2.2 billion, 36-month loan program, nearly two years after...
Blockbuster EU-Mercosur trade deal enters into force
The European Union has moved forward with a major trade deal with the Mercosur group in South America, and it officially starts on Friday.
This...
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...
Total Energies refinery working full tilt to keep France fuelled
France’s biggest refinery is running hard as global energy markets feel pressure from the Middle East conflict.
Summary
Total Energies is pushing production to keep diesel...
Asian markets rise on lingering trader optimism
November 3, 2025 — Asian markets climbed Monday, buoyed by optimism from Wall Street’s AI-fueled rally and signs of easing China–US tensions, as investors...
Australia to halve fuel tax in response to Middle East war
Anthony Albanese has announced a temporary cut in fuel tax to help Australians deal with rising petrol prices caused by ongoing tensions in the...
Japan PM asks IEA chief to prepare additional ‘coordinated release’ of...
Fatih Birol said Wednesday in Tokyo that the International Energy Agency is ready to release more oil from its reserves if the situation requires...
Asian markets fluctuate after healthy week of tech gains
Markets in Asia slowed down on Friday as traders paused after a strong week, especially in the tech sector. Investors had been buying heavily...
With Middle East in flames, Texan bunker maker sees business boom
Sulphur Springs – Since the war in the Middle East began nearly two weeks ago, the phone at Ron Hubbard’s bomb shelter company in...
Trump says will waive some oil sanctions as Iran war roils...
US President Donald Trump said on Monday that he plans to waive certain oil sanctions to increase supply and help lower prices, following market...
Iraq emerges as major export market for UAE’s Ras Al Khaimah
Iraq has become one of the top export destinations for the UAE emirate of Ras Al Khaimah, showing how quickly economic ties between the...
Iraqi News
Al-Fariji: Raising the value of the dollar against the dinar does not represent financial...
Crisis expert Ali al-Fariji has criticized the Iraqi government's decision to raise the dollar's value against the dinar, saying the move alone does not...
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...