Dollar sinks on yen intervention talk, gold breaks $5,000
Dollar Slips as Talk Grows of U.S.–Japan Move to Support the Yen
The U.S. dollar weakened in Asian trading on Monday as markets reacted to...
Hybrid cars top choice for consumers in Europe in 2025: data
Hybrid Cars Take the Lead in Europe as Petrol Loses Ground
Hybrid-electric cars have officially taken the top spot in Europe, beating petrol-powered vehicles for...
Asian markets bounce back as China-US trade fears ease
Hong Kong — Asian stocks jumped on Monday after Donald Trump struck a more conciliatory tone toward China over the weekend, easing fears of...
Nvidia boss insists ‘huge’ investment in OpenAI on track
Nvidia CEO Jensen Huang has firmly denied reports that his company is backing away from OpenAI, calling those claims “nonsense.”
Speaking late Saturday in Taipei,...
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...
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...
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...
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...
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...
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...
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...
Iraqi News
Egypt, Iraq Facilitate Cross-Border Road Transport
Iraq’s Ministry of Transport has announced new measures with Egypt to make road transport of passengers and goods between the two countries easier.
The decisions...
The dollar’s exchange rate against the dinar fell in Baghdad and Erbil on Monday...
On Monday morning, the US dollar fell against the Iraqi dinar in both Baghdad and Erbil markets.
In Baghdad, the selling price was 149,500 dinars...
The IMF predicts a decline in global inflation during 2026.
The IMF Managing Director, Kristalina Georgieva, said on Monday that global inflation is expected to fall to 3.8% in 2026 and drop further to...
Oil Ministry Reviews Progress at Gas Growth Integrated Project (GGIP)
The Ministry of Oil has reviewed progress on the Gas Growth Integrated Project (GGIP) during a site visit to the Artawi (Ratawi) oilfield in...
Al-Zawraa signs Contract for New Hybrid Solar Power Plant
Al-Zawraa General Company, which operates under Iraq’s Ministry of Industry and Minerals, has signed a new contract to build and run a hybrid solar...