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....
Shams Telecom and GlobalTek sign cooperation deal
Shams Telecom Signs Strategic Collaboration Agreement with GlobalTek to Boost Iraq’s Tech, Telecom, and Energy Sectors
Shams 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...
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...
Memory chip crunch set to drive up smartphone prices
Tokyo – Get ready: the price of phones, laptops, and everyday gadgets may go up next year.Manufacturers and analysts are warning that a major...
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...
Stocks stutter with focus on Fed, tech after US reopen vote
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,...
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...
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...
BMW boosts profitability despite China, tariff woes
Frankfurt — German automaker BMW reported stronger profitability in the third quarter, demonstrating resilience despite mounting pressure from tariffs and slowing sales in China.
The...
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...
Turkey, UK sign $11bn Eurofighter deal as Starmer visits
Ankara, Oct. 28, 2025 — British Prime Minister Keir Starmer announced that the U.K. has signed a landmark agreement to sell Eurofighter Typhoon jets...
Iraqi News
Gas Investment Plans Reviewed for Nahr Bin Umar Field
Iraq is moving ahead with plans to develop associated gas at the Nahr Bin Umar oil field in Basra province. The project was discussed...
CBI Rebuffs Speculation Over Foreign Currency Reserves
The Central Bank of Iraq (CBI) has confirmed that its foreign currency reserves remain strong and are fully capable of meeting the country's demand...
Al-Saadi: There is no decision to raise the exchange rate at present… but financial...
Former MP Baqir Al-Saadi said there is currently no government decision to raise Iraq’s official dollar exchange rate, despite recent concerns caused by fluctuations...
Parliamentary Finance Committee: Contract regularization is not an achievement without guaranteeing employee salaries
Former Parliamentary Finance Committee member Mohammed Ibrahim has criticized the government's approach to preparing the upcoming budget, saying it appears to be repeating the...
Budget preparation: A repetition of past scenarios or a genuine solution to current crises?
Iraq is getting ready to prepare its 2027 budget and send it to Parliament in October for discussion, changes, and approval. But there are...