January 17, 2019 | English | عربي
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January 15, 2019

BAGHAD: King Abdullah of Jordan visited Iraq on Monday to activate security agreements between the two countries and finalize an oil pipeline project from Basra to the port of Aqaba.

The king, on his first visit since 2008, was greeted by President Barham Salih on a red carpet at Baghdad airport before heading to meet Prime Minister Adel Abdul Mahdi. Salih welcomed the visit as strengthening “joint interests and security.”

The"...

Crude oil prices (January 16)
January 17, 2019

SULAIMANI — Crude oil prices were up on Wednesday (January 16), compared to the previous close.

The price of Brent oil was $60.74 up from $59.81, and US WTI crude was $52.14 from $51.24.

The Organization of the Petroleum Exporting Countries (OPEC) and"...



 

January 16, 2019

Amman, Jan. 15 (Petra) - His Majesty King Abdullah II visit paid Monday to Iraq is an important step towards enhancing bilateral relations and boosting political and economic ties between the two countries, head of Jordanian-Iraqi Parliamentary Brotherhood Committee, MP Ahmad Lozi said on Tuesday.

In a statement, the lawmaker said the visit would pave the way to resolve many outstanding issues between the two countries.

The visit has also created an optimistic atmosphere that would expand cooperation"...

 
 
January 16, 2019

SULAIMANI — The General Customs Authority confirmed Monday (January 14) that the Iraqi and Iranian governments had agreed to regulate and simplify customs procedures between the two countries.

Meanwhile, Iranian Foreign Minister Javad Zarif announced visa-free travel for Iraqi traders coming to Iran.

In a statement, the General Customs Authority said that Baghdad and Tehran"...

 
 
January 16, 2019

SULAIMANI — Kurdistan Regional Government (KRG) Finance Minister Rebaz Hamlan said on Tuesday (January 15) that Baghdad appeared ready to transfer funds to pay the salaries of the Region's public servants for the last three months of 2018.

He said that a provision to do so has been included in the the draft federal budget for 2019.

He added that KRG Prime Minister"...

 
 
January 16, 2019

SULAIMANI — Brent oil price was down on Tuesday (January 15), compared to the previous close.

The price of Brent oil was $59.81 down from $59.83, while US WTI crude was $51.24 up from $50.95.

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.

They"...

 
 
January 16, 2019
France has reportedly agreed to lend Iraq 1 billion euros to help in the reconstruction efforts. According to Reuters, Foreign Minister Jean-Yves Le Drian announced the agreement to reporters following a meeting on Monday with his Iraqi counterpart Mohammed al-Hakim in Baghdad. The cost of reconstruction in Iraq is estimated at $88 billion, of which around $30 billion was pledged at a donor conference early last year. iraq-businessnews ...