March 21, 2019 | English | عربي
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March 19, 2019

Iraq’s National Investment Commission (NIC) has hosted a workshop on investing in the tourism sector and hotels business in Iraq.

The event was prepared in cooperation with the US Department of Commerce and the US Embassy in Baghdad, and was attended by the heads of the five-star hotels in Baghdad and other provinces.

NIC Chairman Dr. Sami Al-Araji emphasised the importance"...

‘Building permits of 18,519 units will not be...
March 21, 2019

KUWAIT CITY, March 20: Public Authority for Housing Welfare (PAHW) has denied the rumor circulating on social media that the second contract for Al-Mutla City has been withdrawn from the contractor, reports Al-Anba daily quoting informed sources.

They clarified that the contract is related to the construction, completion and maintenance"...


March 21, 2019

KUWAIT: Sophos, a global leader in network and endpoint security, announced that its next- gen endpoint solution, Sophos Intercept X, was recognized for having the highest security effectiveness and the most efficient TCO (total cost of ownership) of the 19 endpoint security products tested in the 2019 AEP Group Test published by NSS Labs.

The 2019 Advanced Endpoint Protection (AEP 3.0) Group Test tested 21 products from market-leading vendors out of"...

March 20, 2019

SULAIMANI – Deputy of the New Generation Movement caucus in Kurdistan Parliament Kawa Abdulqadir said on Tuesday (March 19) that the legislature’s priorities should be rebuilding infrastructure and improving the economy, not amending the presidency law.

“Our caucus has prepared draft laws [about the economy] and will offer them to the Kurdistan parliament’s presidency in the coming week,” Abdulqadir said during a press"...

March 20, 2019

SULAIMANI — Crude oil price were up on Tuesday (March 19), compared to the previous close.

The price of Brent oil was $68.03, up from $67.59, and US WTI crude was $59.74 from $59.31.

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.


March 20, 2019

SULAIMANI — The US dollar to Iraqi dinar (IQD) exchange rate remained up on the Kurdistan Region’s currency markets on Tuesday (March 19).

Broker Rawaz Jaza told NRT Digital Media that $100 was at 120,550 Iraqi dinars, 50 IQD higher than the previous day.

Jaza also reported that 100 British pounds was at 159,500 Iraqi dinars, while 100 euros was 250 IQD up to 137,250.


March 20, 2019

Basra based marine services company Jawar Al Khaleej Shipping (JAK) has signed a new 20 year agreement with The General Company for Ports of Iraq (GCPI).

The contract, which was initiated on March 1st, will see JAK manage marine operations at fixed oil terminals in Iraq, including berthing and unberthing activities. As of December this year, JAK will additionally manage responsibility for all floating export facilities in Iraq.