Category: Affairs

Prime Minister, Mohammed Shiaa al-Sudani stressed: “Completing stalled projects is one of the government’s most important priorities.”

Al-Sudani said, during his inauguration via a television circuit, of Dibs gas power plant in Kirkuk Governorate: “…

The exchange rates of the US dollar against the Iraqi dinar rose on Thursday morning in the markets of Baghdad and Erbil.

The dollar prices rose slightly with the opening of the two main stock exchanges in Baghdad, Al-Kifah and Al-Harithiya, to reco…

The advisor to Prime Minister Mohammed Shiaa al-Sudani for economic affairs, Mazhar Mohammed Salih, denied the existence of a problem with cash liquidity in the Iraqi currency.

Mohammed Salih said, according to the Rudaw Media Network: “There is no …

Finance Minister Ahmed Kouchouk said his ministry will work for launching new financial instruments for the local market over the period ahead.

The ministry will also focus on facilitated finance from financing institutions, paying special attention …

Labor Minister Mohamed Gobran has stressed that the state is keen to encourage investment, support industry and exports and create a favorable business climate. The minister’s remarks came on Tuesday6/8/2024 during his tour of a jasmine and perfume fa…

Rabat – France was the leading investor in Morocco for 2023, with a net flow of 6.8 billion dirhams (MAD), compared with MAD 3.8 billion in 2022, an increase of 79.5%, according to the Foreign Exchange Office.

This flow reflects a 61.4% share of the …

Rabat – Remittances from Moroccan expatriates reached record 115.3 billion dirhams in 2023 compared to 110.8 billion dirhams a year earlier, according to Morocco’s Foreign Exchange Office.

The average annual growth rate of these remittances over the …

Manama, Aluminium Bahrain (Alba), the world’s largest single-site smelter, and Daiki Aluminium Industry Company, Japan’s leading aluminium product manufacturer, announced today a strategic partnership to establish a sustainable aluminium dross process…

Stock Exchange (Casablanca) – The Casablanca Stock Exchange got off to a good start on Wednesday, with its benchmark index, the MASI, gaining 0.07% to 13,814.68 points.

On Tuesday, the MASI had closed with a 1.49% gain.

Source: Agence Marocaine De …

Rabat – The net flow of foreign direct investments (FDI) in Morocco reached 11.1 billion Moroccan dirhams (MAD) in 2023, compared to MAD 23 billion in 2022, a decrease of 51.7%, according to the Foreign Exchange Office.

According to the Office’s 2023…

Singapore, Oil prices recovered in Asian trading on Wednesday, but gains were capped by weak demand.

Brent crude futures rose 17 cents, or 0.16%, to $76.60 a barrel by 0615 GMT. U.S. West Texas Intermediate crude rose 17 cents, or 0.23%, to $73.37.

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Oil prices rose on Wednesday from their lowest levels in several months, amid concerns that production will be affected by rising tensions in the Middle East.

Brent crude futures rose in European markets by $1.10, or 1.4 %, to $77.58 a barrel, while …