October 17, 2017 | English | عربي
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October 11, 2017

The Central Bank of Iraq (CBI) currency auction on October 10 registered $159,825,026 in sales, a 0.52% volume increase from the US $159,003,492 sold by Iraqi Dinar, credit and transfer at the previous auction held on October 9.

The latest auction was attended by 45 banks and 9 remittance companies. The same institutions attended the auction held on October 10 compared to the previous auction.


Iraqi dinar exchange rates (October 15)
October 16, 2017

The U.S. dollar to Iraqi dinar (IQD) exchange rate was down in the Kurdistan Region’s currency markets on Sunday (October 15).

Broker Dana Mawlud told NRT that $100 was selling at 126,500 IQD, 250 IQD lower than the previous day.

Mawlud also reported"...


October 16, 2017

Crude oil prices were up on Sunday (October 15) compared to the previous close.

The price of Brent oil was at $57.18 up from $56.25 and U.S. WTI crude was at $51.41 from $50.60.

OPEC decided to extend cuts in oil output by nine months to March 2018, OPEC delegates said, as the producer group battles a global glut of crude after seeing prices halve and revenues drop sharply"...

October 16, 2017

Kurdish Peshmerga fighters rejected a warning from an Iraqi paramilitary force to withdraw from a strategic junction south of Kirkuk, which controls the access to some of the region’s main oilfields, a Kurdish security official told Reuters on Sunday.

Meanwhile, Iranian Major General Qassem Soleimani arrived in Iraq’s Kurdistan region for talks about the escalating crisis between the Kurdish authorities and the Iraqi government following"...

October 16, 2017

Emirates launched a $15 million promotional campaign aimed at promoting the carrier's growing network of global destinations, as well as its home and hub, Dubai.

With the help of a scientific study, the world's largest international carrier selected the most uplifting or “feel-good” tune on the UK charts in the past 50 years, “Don’t stop me now” by British rock band Queen, for the video, which was shot by award"...

October 16, 2017
The Khatua committee set up to formulate a new fare structure for a level playing field between aggregator cabs and other taxis has recommended a limit on not only surge pricing but also the price dips that are common with Ola and Uber. The low-end prices that aggregators like Ola and Uber switch to when they need to attract customers should not dip below the fare charged by the black-and-yellow taxis for going the same distance, said sources. The Khatua report was submitted to the transport ministry on Monday but has not been made public yet. If the recommendation is accepted, the low-end pricing of Ola and Uber is likely to get a lower limit of Rs 14.84 per km, the prevailing fare for black-and-yellow taxis. Today, low-end fares many a time dip below the fares of black-and-yellow taxis. Regular users of aggregator cabs have been opposing any government controls on low-end fares that......

October 16, 2017

In the STEPSTONE open-label study, ozanimod demonstrated meaningful clinical and endoscopic improvements in patients with moderately to severely active Crohn’s disease at week 12

In the TOUCHSTONE open-label extension study, ozanimod continued to demonstrate clinically meaningful results in moderately to severely active ulcerative colitis across multiple measures of disease activity through week 92