Iraq named as world’s second largest oil producer by OPEC
Iraq hopped 2 positions to become the world’s second largest oil producer in 2012. OPEC ranked Iraq to be the ...
Country: Middle East
China to become largest economy by 2030
The US National Intelligence Council (NIC) projected the world's real GDP to range between $105.7 trillion and $133.1 trillion by ...
GCC to invest more in telecom technology
Stable markets in the Middle East and North Africa (Mena) region will continue to invest more in latest communication technologies ...
22 Iraqi banks achieve $356 million earnings in 9 months
A study released by "Association of Private Banks in Iraq," unveiled that the quarterly earnings of 22 Iraqi banks among ...
Kuwait municipality to build 3 new recycling plants
The Kuwait Municipality director, Eng. Ahmed Al-Subaih, said that the problem of getting rid of solid, constructional and municipal waste ...
Iraq's Asiacell aims to raise $1.3 billion from IPO
Asiacell Communications PJSC, Iraq's second largest mobile operator, aims to raise about US$ 1.3 billion from an initial public offering ...
Abu Dhabi’s TAQA buys stake in Iraqi Kurdistan oil block for $600 million
Abu Dhabi National Energy Co ( TAQA ) has bought a 53.2 percent operating interest in Iraqi Kurdistan's Atrush oil ...
The World Bank helps in renovating cement factory in Iraq
International Finance Corporation (IFC), a member of the World Bank Group, is providing a $70m loan to help renovate a ...
The Middle East is the world’s 10th largest market for luxury goods
“Bain & Company issued its latest edition of the Luxury Goods Worldwide Market Study, indicating that the ME was ranked ...
Iraq adds to gold reserve first time in years
Iraq made its first major move in years to bolster its gold reserves in recent months, while Brazil increased its ...
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