October 24, 2017 | English | عربي
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October 23, 2017

All oil wells in Iraq are under the control of the central government, Iraqi Oil Minister Jabbar Ali Hussein Al-Luiebi said Saturday.

Speaking to reporters at the 44th Baghdad International Fair, Luiebi said: “Our central government is currently improving the energy refining systems located in the northern regions of the country and is controlling all the oil wells in Iraq.”


Crude oil prices (October 22)
October 23, 2017

Crude oil prices remained up on Sunday (October 22) compared to the previous close.

The price of Brent oil was at $57.90 up from $57.23 and U.S. WTI crude was at $51.70 from $51.29.

The Organization of the Petroleum Exporting Countries (OPEC) decided to extend"...


October 23, 2017

The U.S. dollar to Iraqi dinar (IQD) exchange rate was stable in the Kurdistan Region’s currency markets on Sunday (October 22).

Broker Dana Mawlud told NRT that $100 was selling at 126,850 IQD, maintaining the same rate as the previous day.

Mawlud also reported that 100 British pounds was stable at 165,000 IQD and 100 euros was at 148,000 IQD.



October 23, 2017

The Central Bank of Iraq (CBI) currency auction on October 22 registered $140,690,820 in sales, a 1.58% volume increase from the US $138,505,000 sold by Iraqi Dinar, credit and transfer at the previous auction held on October 19.

The latest auction was attended by 45 banks and 9 remittance companies. The same institutions attended the auction held on October 22 compared to the previous auction.


October 23, 2017

Iraqi Prime Minister Haider al-Abadi arrived in Riyadh Saturday in a visit aimed at upgrading strategic ties, amid warming relations between the Arab neighbours.

The tour coincides with Saudi Energy Minister Khaled al-Faleh's high profile visit to Baghdad where he called for the strengthening of economic relations to boost oil prices.

It also comes after US Secretary of"...

October 23, 2017

(AETOS Wire)--Mitsui Chemicals, Inc. (Head Office: Minato-ku, Tokyo; President & CEO: Tsutomu Tannowa) announced that its wholly owned subsidiary, Mitsui Chemicals Tohcello, Inc. (Head Office: Chiyoda-ku, Tokyo; President & CEO: Yoshihisa Fujimaki) has decided to establish a company in Taiwan that will manufacture and sell the ICROS™Tape, a tape for semiconductor manufacturing.


October 23, 2017

(AETOS Wire)--Global food and beverage company, Retail Food Group Limited (RFG, the Company or Group) (ASX:RFG), is making waves in international markets with expansion plans for some of the Group’s most successful and well-known Brand Systems brewing strong in the Middle East.

RFG is Australia’s largest multi-brand retail food franchisor with a network of more than 2,500 outlets across"...