August 19, 2019 | English | عربي
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August 15, 2019

ERBIL, Kurdistan Region — Locals and tourists alike took to Erbil's central square, in the shadow of its famed citadel, to celebrate the ongoing Eid al-Adha (Feast of the Sacrifice) on Tuesday.

Home to street musicians, tea sellers and imposing water features, the square is often bound brimming with visitors.

An estimated 400,000 tourists have visited the Kurdistan"...

Iraq Moves To Upgrade Oil Export Capacity
August 18, 2019

Two factors make the urgent build-out of Iraq’s ailing and inadequate oil export infrastructure more essential than ever. The first is the increasingly dangerous security situation in the Persian Gulf following tit-for-tat seizures of vessels connected to the Iran and U.S. sides in the current geopolitical standoff, with more involvement expected shortly from Russia and China. The second is the continued"...


August 18, 2019

BAGHDAD (Reuters) - Iraq raised its domestic production of gasoil and gasoline in 2019, the Oil Ministry said in statement on Saturday.

Current production rates of gasoline stand at 14.29 million litres per day, up from the 2018 average of 11.485 million.

Gasoil production was up to 11.23 million litres per day from the 2018 average of 7.84 million.


August 18, 2019

SULAIMANI — The Japanese Government announced on Friday (August 16) that it will soon make it more convenient for Iraqi citizens to obtain travel visas by issuing them through its Embassy in Baghdad and Consulate in Erbil.

Starting on August 20, Iraqis traveling for ordinary purposes should submit their visa applications through “accredited travel agencies in Iraq,” the embassy said in a statement.


August 18, 2019

SULAIMANI — The US dollar to Iraqi dinar (IQD) exchange rate on the Kurdistan Region’s currency markets on Saturday (August 17).

Broker Rawaz Jaza told NRT Digital Media that $100 was at 120,750 Iraqi dinars.

Jaza also reported that 100 British pounds was 146,250 Iraqi dinars, and 100 euros was 134,000 Iraqi dinars.


August 18, 2019

SULAIMANI — Crude oil prices were down on Saturday (August 17) compared to the previous close.

The price of Brent crude was $58.64 down from $58.90 and US WTI crude was $54.87 down from $55.21.

The Organization of the Petroleum Exporting Countries (OPEC) and its Russia-led allies agreed on December 7 to slash oil production by more than the market had expected.


August 18, 2019

A Scottish sweet manufacturer is reportedly seeing sales of its fudge and toffee surge in Iraqi Kurdistan.

According to a BBC report, Golden Casket linked up with Sulaymaniyah-based businessman Farhad Haseb to sell the confectionery to upmarket stores in Erbil and Dohuk, as well as other towns and cities in the region.

The holiday of Eid al-Adha has proved to be a strong driver"...