Qatar’s Economic Momentum Builds: Diversification and LNG Expansion Drive Growth
Qatar’s economy is maintaining a steady upward trajectory, propelled by robust diversification strategies and massive investments in LNG production. While...
Business & Economy
Iraq’s Strategic Location Positions It as a Natural Global Trade Corridor, Says PM
Prime Minister Mohammed S. Al-Sudani emphasized that Iraq’s future must not be tied solely to oil revenues, pointing instead to...
Iraq Launches Al-Tayeb Economic City Project in Maysan Province
The National Investment Commission (NIC) has officially signed the Task Order for Phase One of the Al-Tayeb Specialised Economic Service...
Why the Middle East’s AI Strategy Needs More Than Just Large Language Models
As the Middle East pushes forward with ambitious AI strategies, its focus has largely revolved around generative AI and large...
Iraq Not Affected by New Trump Tariffs, Says Prime Minister’s Advisor
Iraq will remain unaffected by the newly announced U.S. tariffs, as the country’s only significant export to the United States—crude...
$1.3B Fertilizer Plant Reopens, Boosting Iraq’s Economy
Iraq has restarted operations at the Abi Al-Khasib Nitrogen Fertilizer Plant in Basra to strengthen domestic supply and support the...
Iraq Inks $2 Billion Agreement with Chinese Firm for Basra Industrial Hub
Iraq's Ministry of Industry has finalized a landmark $2 billion agreement with China's Shang Chen Steel Co. Ltd. to develop...
Oman’s Trade Surplus Surpasses $19.5 Billion
Oman recorded a trade surplus of $19.54 billion by the end of December 2024, according to preliminary data from the...
Qatar’s Economy Expands to $195.6 Billion in 2024, Driven by Diversification Efforts
Qatar's economy grew by 2.4% in real terms during 2024, reaching QR713 billion (195.6billion) at constant prices, up from QR697...
Brazil-Iraq Trade Hits $2 Billion Mark
Brazilian Ambassador Luis Ivaldo has reiterated his country's dedication to strengthening collaboration with Iraq, with a focus on industry and...
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