April 21, 2019 | English | عربي
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April 17, 2019

The Iraqi Ministry of Culture, Tourism and Antiquities has allocated 94 billion dinars (approx. $78.8 million) toward rehabilitation of tourist and heritage sites to revamp the tourism sector in the country.

The ancient city of Babylon, once the cultural capital of Iraq, received the largest share of 59 billion dinars (approx. $49.4 million). The money is for establishing cultural infrastructure and repairing damage to archaeological sites.

'The money is received so that the international bodies"...

Oil market likely to be well balanced in 2019, says...
April 20, 2019

SULAIMANI — Ibrahim al-Muhanna, an adviser to the Saudi energy minister, said on Friday (April 19) he expected the oil market to be “well balanced” this year.

“This year, we have seen the implementation of the OPEC Plus decision. It is possible to extend the cut until the end of the year depending on market"...



 

April 20, 2019

SULAIMANI — The US dollar to Iraqi dinar (IQD) exchange rate was stable on the Kurdistan Region’s currency markets on Friday (April 19).

Broker Rawaz Jaza told NRT Digital Media that $100 was at 120,300 Iraqi dinars, maintaining the same rate as the previous day.

Jaza also reported that 100 British pounds was at 156,500 Iraqi dinars, and 100 euros was at 135,750"...

 
 
April 20, 2019

SULAIMANI — Crude oil prices were up on Friday (April 19) compared to the previous close.

The price of Brent oil was $71.97 up from $71.58 and US WTI crude was $64.07 from $63.83.

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"...

 
 
April 20, 2019

Baghdad (IraqiNews.com) – Speaker of the House of Representatives Mohamed al-Halbousi discussed on Thursday with Canadian Ambassador to Iraq Paul Gibbard means of promoting relations between the two countries.

During the meeting, the two sides probed efforts exerted by the Canadian government in support of security and stability in Iraq, Halbousi’s media office said in a statement, a copy of which was received by Alghad Press.

They"...

 
 
April 20, 2019

The Steering Committee of the programme Supporting Recovery and Stability in Iraq through Local Development held its first annual meeting in Erbil, on 17 April 2019. The programme is funded by the European Union (EU) with €47.5 million over 4 years, and implemented by the United Nations Development Programme (UNDP) in partnership with the UN Human Settlements Programme (UN-Habitat).

The Steering Committee endorsed the programme’s workplan,"...

 
 
April 20, 2019

Spring snow covered the mountains on the northwestern fringes of the Kurdistan Region of Iraq on Friday.

People drove hours from Iraq’s second-largest city of Mosul, where temperatures are forecast to reach 20 Celsius over the weekend, to enjoy what they describe as a “special” snow.

Some visitors took the snow to put it in their freezer to keep it for summer.

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