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...
ExxonMobil slows low-carbon investment push through 2030
ExxonMobil announced that it is scaling back its planned investments in low-carbon projects for the 2025–2030 period. The company now expects to spend around...
Iraq leads Arab countries in barley production for the 2024–2025 season
Iraq has taken the top spot among Arab countries in barley production for the 2024–2025 season, according to new data from the U.S. Department...
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...
Asian markets mixed as traders eye US data ahead of Fed...
Summary of Asian Markets & Global OutlookAsian stocks were mixed on Monday as investors waited for key U.S. economic data that could influence the...
RT Bank opens Basra branch to expand in southern Iraq
Region Trade Bank Opens New Branch in BasraRegion Trade Bank has opened a new Commercial Region Bank branch in Basra, continuing its plan to...
Asian markets struggle to build on week’s rally
Hong Kong – Asian markets ended the week on a mixed note after a strong run in global equities, driven by growing expectations that...
Asia markets advance as odds for another Fed rate cut grow
Asian markets got a boost on Tuesday after several Federal Reserve officials made comments that sounded a lot more dovish, raising hopes that another...
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...
Asian stocks rise as US rate hopes soothe nerves after torrid...
Asian markets opened mostly higher on Monday, finding some calm after last week’s wild swings and concerns about a tech bubble.A big part of...
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...
Midea opens Hillah branch amid Iraq’s retail growth
Midea Group has opened a new showroom in Hillah, the capital of Babil province and a city famous for its connection to ancient Babylon....
Iraqi News
Oil jumps over 2% due to threats to global energy supplies
Global oil prices surged by more than 2% in early trading on Monday as growing security tensions in the Middle East raised fresh concerns...
MP: The 2026 budget will be the most complex compared to previous years
Iraq's 2026 budget remains uncertain, with no official date yet set for its submission to parliament, according to MP Mohammed al-Bayati, who warned that...
EBRD and Iraq in Talks on Development and Banking
Iraq's Ministry of Finance is looking to strengthen cooperation with the European Bank for Reconstruction and Development (EBRD) as part of its efforts to...
Iraq’s Mishraq Sulphur Company Signs Private-Sector Partnership
Iraq is moving forward with plans to expand its sulphur industry after the Mishraq Sulphur State Company signed a new partnership agreement with a...
Summer puts pressure on the electricity sector, and the government is looking to lower...
As Baghdad gets ready to announce the ampere price for June, the debate over private generators is heating up again. Citizens and generator owners...