Saudi Trade Data Shows Decline in Oil Dependence, Rise in Non-Oil Sectors

Saudi Arabia reported strong trade performance in...

Kuwait Moves to Strengthen Economy as Crisis Pressures Rise

Kuwait economic stability strategy takes center stage...

Iraq

Filipino Choir Triumphs as UAE’s Choir of the Year

The Filipino choir UAE community celebrated a historic victory as Chorus Omnis was named...

MGX Makes $2 Billion Investment into Binance Success

Emirati state-owned investment firm MGX has made a groundbreaking $2 billion investment into Binance....

Bahrain Defence Force Showcases High Combat Readiness in Falcon Eye/3 Military Drill

The Falcon Eye/3 military drill concluded under the patronage of Field Marshal Shaikh Khalifa bin Ahmed Al...

Qatar Condemns Escalating Israeli Actions Against Palestinians at UN Rights Council

Qatar Palestine human rights stance remained firm as the country strongly condemned escalating violence...

Gold Prices Reach Historic Peaks Amid Growing Economic Concerns

Gold futures for June 2025 delivery reached a record high on the COMEX exchange, surpassing $3,200 per ounce. This surge in gold prices highlights...

Foreign Reserves Support Economic Stability in Iraq

Foreign Reserves Support Economic Stability—this key phrase captured expert insight shared by the financial advisor to the Iraqi Prime Minister. On Wednesday, Dr. Mudhhir...

Strong Reserves Secure Iraq’s Economy

Iraq’s foreign currency reserves serve as a key shield against economic fluctuations, according to the Prime Minister’s financial advisor, Mudher Mohammed Saleh. He confirmed...

New Gas Compression Unit to Boost Maysan Gas Investment

Basra, Iraq – The Bazrakan Oil Complex has announced the establishment of a new gas compression unit with a processing capacity of 70 million...

Iraq Grants Solar Power License for 1,000 MW Project

Iraq is taking a significant step towards renewable energy. The country's National Investment Commission (NIC) has granted its first solar power investment license. The...

Iraq Wins $1 Billion Arbitration Dispute Against German Company

The Iraq wins $1 billion arbitration dispute against a German company after a lengthy legal battle. The Iraqi Ministry of Justice announced the success of its...

Iraq’s Stability and Non-Aligned Approach.

On Wednesday, Parliament Speaker Mahmoud al-Mashhadani assured the public that Iraq remains stable both economically and in terms of security. He emphasized Iraq’s non-aligned...

Türkiye Ready to Cooperate on Oil Exports

Nechirvan Barzani, President of the Kurdistan Region, announced on Wednesday that Türkiye is ready to collaborate on oil exports. This move signals potential new...

Stronger UK-Iraq Ties Promised After Prime Minister Al-Sudani’s Visit to London

Iraq in 2025 continues to recover steadily. It benefits from increased stability, strong oil revenues, non-involvement in regional conflicts, and an accelerated reconstruction process....

Iraq-Jordan Joint Trade Committee Strengthens Bilateral Economic Ties

The Iraq-Jordan Joint Trade Committee has wrapped up its first round of meetings in Baghdad. They successfully signed an agreement that sets out several...

Iraqi Ports Export Over 79,000 Tons of National Products in January 2025

The General Company for Iraqi Ports announced on Saturday that it exported 3,474 containers. These containers totaled 79,992 tons of national products during January...

Oil Prices See Increase After Previous Decline

Oil prices saw an uptick in trading on Friday, recovering from a drop the day before. This came after US President Donald Trump reiterated...

Prime Minister’s Approval to Attend Arab-Russian Summit

Prime Minister Mohammed Shia al-Sudani gave his preliminary approval today, Wednesday, to participate in the upcoming Arab-Russian Summit. In a statement, the Prime Minister’s office...

Cultural Performances and Events Continue at the Spring of Culture Festival

The 19th edition of the Spring of Culture Festival is ongoing and will continue to offer a diverse array of cultural experiences until the...

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