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....
Shams Telecom and GlobalTek sign cooperation deal
Shams Telecom Signs Strategic Collaboration Agreement with GlobalTek to Boost Iraq’s Tech, Telecom, and Energy SectorsShams Telecom has signed a strategic collaboration agreement with...
Iraqi News
Iraq forms committee to boost passport ranking
Iraq’s Foreign Ministry has set up a new high-level committee with one clear goal: improve the strength of the Iraqi passport.Right now, the passport...
Oil: We will resume exports from all fields within the next few days.
Iraq’s Ministry of Oil says it is preparing to restart oil exports from all fields within the next few days.In a new statement, the...
The dollar declined in the Baghdad and Erbil markets.
The US dollar dropped again against the Iraqi dinar on Saturday as markets opened for the first trading session of the week.In Baghdad, rates...
Banking Arrangements Expanded to Meet Currency Demand
Rasheed Bank is getting ready for the upcoming Hajj season by making it easier for pilgrims to buy US dollars.The bank has told its...
Calls to ban the sale of energy drinks to minors in Basra
Calls to restrict energy drinks—especially for minors—are not new, but the tone here suggests growing urgency as health concerns become harder to ignore.Wijdan al-Maliki’s...