Category: BUSINESS

Egypt and the UAE joined a strategic partnership, by signing a memorandum of understanding (MoU). This landmark agreement sets the stage for the establishment of a cutting-edge logistics trading zone in the Mediterranean region, with investments proje…

Egypt and the UAE joined a strategic partnership, by signing a memorandum of understanding (MoU). This landmark agreement sets the stage for the establishment of a cutting-edge logistics trading zone in the Mediterranean region, with investments proje…

Egypt’s Hisense which specializes in manufacturing electrical appliances, has signed a contract with the Chinese industrial developer (TEDA – Egypt), in the Suez Canal Economic Zone (SCZone), where the project is being held in partnership with the Emi…

Turkish Minister of Energy and Natural Resources / Alparslan Bayraktar / discussed with Mohammed Al-Najjar, Advisor to the Iraqi Prime Minister for Investment Affairs, the two countries’ cooperation in the fields of energy and development.

Bayraktar…

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: “…

Egypt’s annual inflation rate decelerated to 25.2 percent in July 2024 from 27.1 percent in June, with annual urban inflation slowing to 25.7 percent in July from June’s 27.5 percent, according to the latest data from the Central Agency for Public Mob…

The World Gold Council announced today, Thursday, that Iraq has increased its gold holdings to more than 148 tons.

According to the latest report published by the council in August 2024, Iraq has advanced one rank to reach 29th place globally out of…

Deputy Prime Minister for Energy Affairs and Minister of Oil Hayan Abdul-Ghani announced today, Thursday, the organization of contracts to increase oil production and gas investment in 9 governorates, while pointing to the operation of gas compressor…

Prime Minister, Mohammed Shiaa al-Sudani confirmed, today, Thursday, working to find an economic model for major production projects in the electricity sector.

A statement from his media office stated that Al-Sudani inaugurated, today, Thursday, via…

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 …

Oil prices rose on Thursday for the third consecutive session after government data showed a sharp decline in US crude inventories, recovering prices from multi-month lows touched this week.

Brent crude futures rose 23 cents, or 0.3 %, to $78.56 a b…