Category: BUSINESS

Oil prices decline to their lowest level in more than a month

Baghdad, Oil prices closed lower at settlement at the end of trading, Monday, recording their lowest level in more than a month.

Brent crude futures fell 23 cents, or 0.3 %, to reach $82.40 per barrel at settlement, the lowest level since the elevent…

Libya, Russia sign cooperation agreement

Tripoli, Mohamed Al Raid, the Head of the Libyan General Union of Chambers of Commerce, signed with Vladimir Badalko, the Deputy Head of the Chamber of Commerce and Industry of Russia, a cooperation agreement in the economic sector.

The agreement, wh…

Saudi Arabia, Egypt renewable energy cooperation reviewed

Riyadh, His Royal Highness Prince Abdulaziz bin Salman bin Abdulaziz, the Minister of Energy of Saudi Arabia, met yesterday in Riyadh with Karim Badawi, the Egyptian Minister of Petroleum and Mineral Resources, and Dr. Mahmoud Esmat, the Egyptian Mini…

Turkey resumes exporting electricity to Iraq

The Turkish Minister of Energy and Natural Resources, Alp Arslan Bayraktar, announced that his country will resume exporting electricity to Iraq, starting yesterday.

Bayraktar said in a post on the X platform today: ‘As of yesterday, we have resumed …

Moroccan Airports Receive over 15 Mln Passengers by End of June

Casablanca – Moroccan airports reached a new record of 15,104,579 passengers welcomed during the first six months of 2024, a 19% rise compared to the same period in 2023, according to the Moroccan Airports Authority (ONDA).

This rise concerns the maj…

Basra crude oil price rises with the rise of global oil

The prices of ‘heavy and medium’ Basra crude oil witnessed a slight increase, today, Monday, coinciding with the rise in international oil prices.

The price of Basra Heavy crude recorded an increase of 8 cents, reaching $79.54, and the price of Basra…