Asia markets advance as odds for another Fed rate cut grow

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Asian markets got a boost on Tuesday after several Federal Reserve officials made comments that sounded a lot more dovish, raising hopes that another...

IFBC Signs Strategic MoU with Business France

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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...

RT Bank opens Basra branch to expand in southern Iraq

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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...

OPEC+ mulls oil production increase in shadow of war

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Energy markets are watching closely as major oil producers prepare for a key decision that could influence global prices. Analysts expect leading members of...

Germany business morale falls as hopes for revival dim

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Frankfurt – A new survey released Monday shows that business confidence in Germany dropped more than expected in November, adding to concerns that companies...

Asian equities plunge as oil soars 30% on Mideast crisis

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Asian Stocks Tumble as Oil Soars on Middle East Conflict Asian markets took a big hit on Monday as oil prices shot up nearly 30%...

Trump vows economic boom, blames Biden in address to nation

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President Donald Trump went on national television Wednesday night with a clear message: the economy is about to boom — and Joe Biden is...

Stocks extend gains and oil dips as US, Israel, Iran continue...

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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...

Three charged with sneaking Nvidia AI chips from US into China

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US prosecutors have unsealed an indictment revealing a $2.5 billion AI chip smuggling scheme involving employees of Super Micro Computer, targeting Nvidia GPUs destined...

Asian stocks in retreat as traders eye Fed decision, tech earnings

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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...

Weakened WTO set for high-level meet under cloud of Mideast war

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The World Trade Organization (WTO) is convening its next ministerial conference in Yaounde, Cameroon, from March 26–29, amid mounting global trade tensions, US tariffs,...

Stocks stutter with focus on Fed, tech after US reopen vote

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Hong Kong – Asian stock markets were mostly flat on Thursday as excitement over the end of the record 43-day U.S. government shutdown faded,...

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Iraqi News

Al-Fariji: Raising the value of the dollar against the dinar does not represent financial reform.

Al-Fariji: Raising the value of the dollar against the dinar does not represent financial...

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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

IMF Forecasts Bigger Contraction for Iraqi Economy

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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

Najaf Solar Plant Capacity Could Double

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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 continues its upward trend, with Brent crude surpassing $106 per barrel.

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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 exchange rate change

Two weeks to recalculate the budget… Parliamentary Finance Committee reveals the repercussions of the...

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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...