Economy Update - Baghdad Rafik Al-Salhi, a member of the Parliamentary Agriculture Committee, emphasized the importance of local tomato production from the Zubair district, noting its ability to meet domestic
Economy News - Baghdad Iraq is currently navigating a pivotal moment in its energy landscape, facing the imminent cessation of exemptions for the importation of Iranian gas. This development has
Economy Update - Market Overview European stock markets experienced a significant decline on Tuesday, primarily driven by escalating trade tensions between the United States and Canada. Following a challenging start
Political Interference in Wasit Oil Company Formation The local government of Wasit has raised serious concerns regarding political interference in the establishment of the provincial oil company. On Tuesday, officials
Oil prices experienced a decline during early trading on Tuesday, marking a second consecutive day of decreased values. This downturn is attributed to concerns that potential U.S. tariffs on imports
Iraqi Ministry of Justice Resolves $1 Billion Arbitration Dispute The Iraqi Ministry of Justice announced on Tuesday that it has successfully settled an international arbitration dispute involving $1 billion, favorably
Economy News - Baghdad Concerns Over Potential U.S. Sanctions on Somo National Company A member of the Parliamentary Oil and Natural Resources Committee, Bassem Naghamish, has issued a warning regarding
Dollar Exchange Rates Decline in Baghdad’s Financial Markets Economic Overview On Tuesday, the dollar's exchange rate experienced a decline across Baghdad's Struggle and Al-Harithiya stock exchanges, settling at 148,200 Iraqi
Shift in Currency Exchange Rates Following Syrian Agreement The recent agreement between Hezbollah and the Damascus authorities has prompted significant shifts in currency exchange dynamics. Notably, the value of the
Oil Prices Experience Modest Gains Amid Global Decline The price of heavy Basra crude and Mediterranean crude showed a slight uptick today, with Basra heavy crude rising by 20 cents,