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The General Company of Iraqi Railways held an expanded meeting to discuss the possibility of linking the city of Basmaya with a train hanging in central Baghdad in the presence of representatives from the province of Baghdad and the…

Volkswagen plans to end nearly all of its operations in Iran, Bloomberg said, citing a US official who led discussions with the automaker. Bloomberg said the administration of US President Donald Trump convinced Volkswagen to comply with…

Tribal elders and local government officials in Basra have threatened to cut off oil pipelines to southern Iraq if their demand for a dam in Mina, Abu Floss, is not met. The elders and government officials issued a statement threatening…

The US Energy Information Administration (EIA) has forecast a rise in oil production from seven major rocky reservoirs in the United States by 79,000 bpd to 7.6 million bpd in October. The administration confirmed that the surge in oil…

Tasnim, the Iranian agency, revealed Turkey's intention to help Iran to circumvent the sanctions imposed by the United States on the Iranian regime. "The two countries plan to establish a joint bank soon to circumvent US sanctions," the…

Qatar Airways lost a loss of QR 252 million ($ 69 million) due to the aftermath of the province's ongoing crisis since June 2017. Qatar Airways attributed these losses to the regional political crisis, confirming that this loss…

Bloomberg said that the Turkish lira fell again, amid liquidity scarcity and continued losses of emerging market currencies. The decline came suddenly after days in which the Turkish currency remained stable. According to the source,…

World oil prices recovered from their early losses, despite assurances from Washington that top producers could increase production quickly enough to offset supply shortages from Iran and elsewhere. US Energy Secretary Rick Perry said he…

The Export Council of Egyptian Agricultural Crops revealed that the total exported quantities of the sector increased during the period from 2017 to 2018 to reach 3.973 million tons compared to 3.711 million tons during the same period of…

The Central Bank of Iraq that the ownership of US Treasury bonds for June 2018 rose by (24.0) billion dollars compared to (14.3) billion dollars for the month of August 2017, an increase of 67.8% The bank confirms that this increase,…