Economy
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Egypt signs contracts worth 12 million dollars with Iraq
Baghdad (INA) – The Egyptian Ministry of Trade announced, yesterday, Saturday, that the Egyptian companies participating in the 43rd session of the Baghdad International Fair signed export contracts to Iraq worth $12 million, indicating that the value of the goods…
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Morocco and Ethiopia sign a major fertilizer production project
Addis Ababa (INA) – Morocco and Ethiopia signed, today, Saturday, an agreement to establish an important complex for the production of agricultural fertilizers, with an investment of two billion euros over five years, which would achieve self-sufficiency for Ethiopia…
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World Bank: The Palestinian economy suffers from stagnation in income and high unemployment
Occupied Jerusalem (INA) – The World Bank said today, Thursday (November 17, 2016): The Palestinian economy is still suffering from stagnation in income and high unemployment, and the necessary reforms have become necessary to prepare the basis for growth…
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Iraq is creating an oil field authority in Salah al-Din Governorate
Baghdad (INA) – The Investment Authority in the Iraqi province of Salah al-Din announced, on Wednesday (November 16, 2016), the approval of the Minister of Oil, Abdul-Jabbar Al-Luaibi, to establish an authority for oil fields and reopen the…
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The Kuwait Fund for Development lends Djibouti $80 million
Djibouti (INA) – Djiboutian Minister of Economy and Finance in charge of Industry, Elias Moussa Dawaleh, signed with the Deputy Director General of the Kuwait Fund for Arab Economic Development, Hisham Ibrahim Al-Waqyan, today, Monday (November 14…
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Iranian Oil Minister renews his support for freezing production
Tehran (INA) – Iranian Oil Minister Bijan Zanganeh renewed today, Tuesday, his support for the proposal to freeze oil production, to restore stability to global oil markets during the coming period. And the transfer of information to the Ministry of Oil website …
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Granting the Palestine Stock Exchange full membership in the World Federation of Exchanges
Occupied Jerusalem (INA) – The World Federation of Exchanges announced its acceptance of the request submitted by the Palestine Exchange since 2015 regarding granting it full membership in the federation. And he came…
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A summit in Djibouti discusses ways to develop Islamic finance
Djibouti (INA) – Today, Wednesday (November 2, 2016), the fifth session of the African Islamic Banking Summit kicked off in Djibouti, in the presence of more than 250 Islamic banking pioneers, bank governors…
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Low price of a barrel of Kuwaiti oil
Kuwait (INA) – The price of a Kuwaiti oil barrel decreased by $10 in trading yesterday, Monday, to reach $1, compared to $51 a barrel in trading last Friday, according to the announced price…
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Russia informs OPEC that it still wants to stabilize oil production
Vienna (INA) – Two OPEC sources told Reuters that officials from the energy sector in Russia told a technical meeting of officials from the organization and from producing countries outside it that Moscow…
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