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Tag: Iraq

Posted on July 24, 2025

PowerChina wins contract worth around $4 billion Iraq to build water desalination plant, sources say

PowerChina has won a contract worth around a $4 billion to build a large-scale seawater desalination plant in Iraq’s southern city of Basra, in partnership with an Iraqi company, officials said on …
Posted on July 24, 2025

China’s direct exports to Iraq reaches $8.8 billion in H1 2025

China’s exports to Iraq increased by 9.3% in H1 2025 to $8.8 billion, though Iraq’s trade surplus with China declined.
Posted on July 24, 2025

Turkey submits draft proposal to Iraq to renew, expand energy agreement

Turkey has submitted a draft proposal to Iraq to renew and expand an energy agreement between the two countries to include cooperation in oil, gas, petrochemicals and electricity, an Iraqi oil …
Posted on July 24, 2025

Iraq Stock Exchange trades over 7 billion dinars this week

The Iraq Stock Exchange traded over 7 billion Dinars this week, with ISX60 and ISX15 indices both showing gains.
Posted on July 23, 2025

Iraq eyeing ‘sustainable’ diversification away from oil: PM advisor

ERBIL, Kurdistan Region – Iraq is implementing sweeping reforms aimed at building a sustainable, diversified economy less dependent on volatile oil revenues, a financial advisor to the prime minister …
Posted on July 22, 2025

Central Bank of Iraq buys over 16.5 billion dollars from finance ministry in Q1 2025

Iraq’s Central Bank purchased over $16.5 billion from the Ministry of Finance in Q1 2025, selling $20.98 billion via its auction.
Posted on July 21, 2025

Turkey wants ‘new and vibrant’ phase for Iraq-Turkey oil pipeline, official says

The under-utilisation of an oil pipeline between Iraq and Turkey is unfortunate and Ankara wants a “new and vibrant phase” in the matter to benefit both parties and the region, a senior Turkish …
Posted on July 21, 2025

Iraq may face fiscal challenges due to declining oil prices

Oil-dependent countries, including Iraq, will see lower crude oil prices that will negatively impact their financial positions in 2025.
Posted on July 21, 2025

Iraq may face fiscal challenges due to declining oil prices

Oil-dependent countries, including Iraq, will see lower crude oil prices that will negatively impact their financial positions in 2025.
Posted on July 21, 2025

Iraq Stock Exchange sees over 7.8 billion dinars traded last week

The Iraq Stock Exchange reported over 7.8 billion Dinars in trades last week, with the ISX60 index rising by 0.61%.

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