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...

ExxonMobil slows low-carbon investment push through 2030

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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

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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?

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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...

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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

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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

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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

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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...

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 stocks rise as US rate hopes soothe nerves after torrid...

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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

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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

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Midea Group has opened a new showroom in Hillah, the capital of Babil province and a city famous for its connection to ancient Babylon....

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Iraqi News

The first phase of the Grand Faw Port will be inaugurated this year.

The first phase of the Grand Faw Port will be inaugurated this year.

The Ministry of Transport says several major projects at Grand Faw Port are expected to be finished this year, marking the completion of the...
Eemar Sinjar Wins Water Supply Contract Eemar Sinjar Wins Water Supply Contract

Eemar Sinjar Wins Water Supply Contract

Eemar Sinjar Company for General Contracts Ltd. has won a new contract from the United Nations Office for Project Services (UNOPS) for a project...
Confusion in global markets and a surge in oil prices as a result of tensions in the region.

Confusion in global markets and a surge in oil prices as a result of...

Global financial markets were shaken on Monday as rising tensions in the Middle East pushed investors to react quickly. Stocks fell across Asia, while...
Al-Alawi warns of the growing foreign workforce in Iraq: a drain on the currency and a threat to national security.

Al-Alawi warns of the growing foreign workforce in Iraq: a drain on the currency...

Member of Parliament Jassim Al-Alawi from the State of Law Coalition is calling on the government to focus more on hiring Iraqi workers instead...
A government advisor affirms the Iraqi economy's ability to overcome the short-term crisis.

A government advisor affirms the Iraqi economy’s ability to overcome the short-term crisis.

Economic advisor to Iraq’s Prime Minister, Mazhar Muhammad Saleh, says Iraq’s economy still has some room to handle the pressure coming from tensions around...