November 21, 2017 | English | عربي
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November 20, 2017

The Central Bank of Iraq (CBI) currency auction on November 19 registered $167,335,660 in sales, a 0.77% volume increase from the US $166,064,244 sold by Iraqi Dinar, credit and transfer at the previous auction held on November 16.

The latest auction was attended by 45 banks and 9 remittance companies. The same institutions attended the auction held on November 19 compared to the previous auction.


UK Keen to Strengthen Ties with Kurdistan: Envoy
November 20, 2017

The new British Ambassador to Iraq, Jonathan Wilks, has reiterated his countries firmness on further developing political, economic, security and cultural relations with the Kurdistan Region.

The remarks were made during Wilks’s meeting with Kurdistan Region Prime Minister Nechirvan Barzani in Erbil.



November 20, 2017

As part of its support to strengthen service delivery for universal health coverage in Iraq, and in line with the United Nations Sustainable Development Goal 3 to achieve universal health coverage by 2030, WHO supported a 4-day training of trainers course.

The training was designed by the Family Medicine Department at the American University of Beirut Medical Center at the request of WHO, aimed at building the capacities of 21 family medicine practitioners"...

November 20, 2017

Mobile consumers in India may be able to enjoy download speeds in excess of 1,000mbps with 5G deployment expected to begin from 2020-21, Swedish telecom company Ericsson has said. And despite the surge in speed, consumers will be spared massive hikes in tariff as industrial usage and applications around internet-of-things (IoT) will drive monetisation where"...

November 20, 2017

As the winter season arrives, the people of the Kurdistan Region will begin to worry about the availability of national electricity, which has now decreased to 14 hours per day.

The hours of national electricity provided by the government are expected to decrease further in the Kurdistan Region during the coming season – at the same time the demand will increase as people look to heat their homes in the dropping temperatures.


November 20, 2017

The U.S. dollar to Iraqi dinar (IQD) exchange rate remained stable in the Kurdistan Region’s currency markets on Sunday (November 19).

Broker Dana Mawlud told NRT that $100 was selling at 125,850 IQD, maintaining the same rate as the previous day.

Mawlud also reported that 100 British pounds was at 163,000 IQD and 100 euros was at 147,000 IQD.



November 20, 2017

Crude oil prices changed slightly on Sunday (November 19) compared to the previous close.

The price of Brent oil was at $62.72, down $0.01, from $62.73 and U.S. WTI crude was up to $56.71 from $56.64

The Organization of the Petroleum Exporting Countries (OPEC) decided to extend cuts in oil output by nine months to March 2018, OPEC delegates said. The producer group is coping"...