Economy News - Update The German automotive manufacturer Audi, part of the Volkswagen Group, reported a 33% decline in profits for the previous year, totaling €4.2 billion. This represents the
Al-Rafidain Bank Reports Significant Growth in Electronic Collection Settlements Baghdad, Iraq — Al-Rafidain Bank has announced a remarkable increase in electronic collection settlements for accounts belonging to state departments. This
Financial Performance of Alexandria Container and Cargo Trading Company The financial indicators of the Alexandria Container and Cargo Trading Company reveal a significant increase in profits during the first half
Economic Analysis: Disparity Between Iraq's Imports and Central Bank Dollar Sales On March 11, 2025, prominent economist Nabil Al-Marsoumi highlighted a significant disparity between Iraq's total imports and the sales
Economy Update: Saudi Economic Growth In the fourth quarter of 2024, the Saudi economy marked a significant turnaround, achieving a growth rate of 4.5%. This represents the highest growth recorded
US Dollar Exchange Rates Update: Stability in Baghdad, Decline in Erbil This morning, the exchange rate of the US dollar remained stable in Baghdad’s markets, while it experienced a decrease
Gold Prices in Baghdad: March 6, 2025 As of Thursday, March 6, 2025, gold prices in Baghdad's local market are reported as follows: Gold Ounce Price: $2,905 21k Gold (Shekel):
Customs Revenue Surges in Sanaa Province In the past 11 months, Sanaa province has reported a substantial customs volume from its border crossings, exceeding $756 million in export value. According
Economy Update - Baghdad The Central Bank of Iraq has announced an increase in the ratio of total cash credit to total bank deposits for institutions operating within the country.
Iraq Expands Cooperation with the IMF to Strengthen Financial Stability The Iraqi Ministry of Finance recently announced the outcomes of its meetings with the International Monetary Fund (IMF), emphasizing a