Minister of Planning Iraq

Planning Agrees to Exchange More Than 108 Billion Dinars for Baghdad and Basra

Baghdad / Nina / Minister of Planning Nuri Sabah Al-Dulaimi announced today, Monday, his approval to launch the exchange of 108 billion and 870 million dinars for the governorates of Baghdad and Basra, after the completion of the local Basra government and the Baghdad Municipality requirements for the inclusion of projects. In a statement, Al-Dulaimi […]

Oil Prices are Declining on World Markets

Oil Prices are Declining on World Markets

Baghdad / Nina / Oil futures fell in the beginning of the weekly trading, today, Monday, while remaining near their highest levels in 3 months, with the near signing of a preliminary agreement ending the trade tensions between the United States and China. Brent crude futures for February delivery fell 0.20%, or 14 cents, to […]

Trebil Customs Registered Revenue

Customs: A Revenue of Two & Half Billion Dinars will be Registered in Trebil Customs Within Three Days

The General Customs Authority announced, on Monday, an increase in the amount of revenue generated at the Trebil Customs Center in Anbar Governorate during the past three days. The authority said in a statement that Alsumaria News received a copy of, that “the aforementioned center recorded a revenue of more than two and a half […]

Suspension of Import

Agriculture Announces The Suspension of The Import of 30 Agricultural and Animal Products

Today, Monday, the Ministry of Agriculture confirmed the suspension of the import of 30 agricultural and animal products to support the national product. And dependence on national production, including tomatoes, potatoes, carrots, corn, garlic, dish, table eggs and chicken, in addition to fish.” Technical Undersecretary of the Ministry of Agriculture Mahdi Al-Qaisi said in a […]

Gold is Stable Amid The Decline in Dollar and Rise of Stocks and Palladium Record New Peak

Gold is Stable Amid The Decline in Dollar and Rise of Stocks and Palladium Record New Peak

Gold stabilized in early trading today as the dollar’s decline offset the impact of growing appetite for high-risk assets following reports of a breakthrough in US-China trade negotiations, while palladium recorded a new peak. The spot price of gold was stable at $ 1469.90 an ounce, but was up about 0.7% since the start of […]

Launching a Financial Initiative and Debt Forgiveness to Develop The Industrial Sector

Economist: Launching a Financial Initiative and Debt Forgiveness to Develop The Industrial Sector

Ghadeer Al-Attar, a member of the Iraqi National Business Council, said Thursday that the launch of a financial initiative and debt forgiveness is enough to develop the industrial sector. Al-Attar said in a statement that Alsumaria News received a copy of it that “the evaluation and success of the industrial reality in Iraq requires several […]

World Gold Council

World Gold Council: Turkey and Russia are The Most Buying Gold This Year

The World Gold Council announced, Thursday, that Turkey and Russia were the most gold buyers for the current year 2019, indicating that Germany has been the most selling country of gold for 17 years. The council stated in a statistic seen by Alsumaria news that ” Turkey was the most buying country for gold during […]

A Sudden Rise in US Crude Stocks Reduces Oil Prices

A Sudden Rise in US Crude Stocks Reduces Oil Prices

Oil prices fell on Wednesday, after data showed an unexpected increase in inventories in the United States and as investors awaited news on whether the United States will impose duties on Chinese goods on Sunday. Brent crude futures fell 45 cents, or 0.7 percent, to $ 63.89 a barrel by 0733 GMT. The US West […]