May 1, 2016

Business

Business
Iraq business, the latest Iraqi business news

Council of Ministers allocates $200 mln to import fuel for electric power stations

(IraqiNews.com) Baghdad – The Iraqi Council of Ministers approved the allocation of 200 million U.S. dollars for the maintenance of electric power stations, in addition...

Iraq exports about 102 million oil barrels in March

(IraqiNews.com) Baghdad - The Iraqi Oil Ministry announced on Wednesday, that the total oil exports in March reached about 102 million barrels with an average...

UAE donates $10 million to support stability in Iraq

(IraqiNews.com) Baghdad - United Nations Special Assistance Mission for Iraq (UNAMI) announced on Tuesday, that the United Arab Emirates donated ten million dollars to the...

Iran signs agreement with Iraq to transfer natural gas to Europe

(IraqiNews.com) Baghdad – Iran and Iraq signed an agreement with a total cost of 2.3 billion dollars to establish a pipeline to transfer the Iranian natural...

Kurdistan exported over 327 thousand barrels of oil per day in March

(IraqiNews.com) Kurdistan - On Sunday the Ministry of Natural Resources in Kurdistan announced the export of more than 327 thousand barrels of oil per day...

Iraqi Housing Ministry allocates 30 mln dinars to establish new bridge in Babel

(IraqiNews.com) Babel – MP Sadiq al-Mahna announced on Sunday, that the Iraqi Ministry of Housing approved the allocation of 30 million dinars to establish a new bridge...

Oil prices retreat after Saudi Deputy Crown Prince remarks

(IraqiNews.com) Baghdad – On Saturday, oil prices strongly declined after the announcement of Saudi Arabia, that it will not freeze its oil production unless Iran...

Japan provides $23.5 million to restore stability in liberated areas in Iraq

(IraqiNews.com) Baghdad – The mission of the United Nations in Iraq announced on Monday, that Japan provided $23.5 million US dollars to Iraq to support...

World Bank allocates $250 mln to restore basic infrastructure in Iraq

(IraqiNews.com) Baghdad – On Saturday the President of the World Bank Jim Yong Kim announced the allocation of 250 million dollars to restore the basic...

Iraq exports over 93 million oil barrels with revenues exceed 2 bln dollars during February

(IraqiNews.com) Baghdad - The Iraqi Oil Ministry announced on Tuesday, that the oil exports from the southern fields recorded 93 million and 500 thousand barrels...

Iraqi Central Bank lends 1200 billion dinars to Housing Fund

(IraqiNews.com) Baghdad – The Minister of Housing Tariq Chikhani announced on Tuesday, that the Iraqi Central Bank lent the Housing Fund a loan of 1...

Oil prices fall below $40 as Iran refuses to freeze production rates

(IraqiNews.com) Baghdad - Brent crude oil prices fell by $2.7 to record $39.32 after Iran put off plans to join countries proposing a freeze on...