Rafidain Bank

Rafidain Bank Clarifies The Types of Loans Granted to The Citizen and Employee

Al-Rafidain Bank announced on Friday the types of loans and advances granted to employees and citizens, ranging from personal advances to the purchase or restoration of investment housing units and the addition of building on them. The media office of the bank said in a statement that Alsumaria News received a copy of it, “The […]

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 […]

The 2020 Budget

Parliamentary Finance: The 2020 Budget Will be Temporary and Appointments are Ink on Paper

{Baghdad: Al Furat News} The Finance Committee approved in the House of Representatives that Iraq will enter in 2020 with a “temporary budget”, due to the delay in its transmission by the current caretaker government because of a legal procedural problem “stating that” this case is similar to what happened in the past year before […]

Deliver 250 Thousand Barrels Per Day to Baghdad

Al-Ghadban: The Region will Deliver 250 Thousand Barrels Per Day to Baghdad Starting Next Year

Today, Thursday, Oil Minister Thamer Al-Ghadban announced that the Kurdistan region will deliver 250,000 barrels per day to the federal government starting next year, while stressing Iraq’s commitment to what is being reached in OPEC + from a reduction in exports to ensure the stability of global oil prices. The official Al-Sabah newspaper, quoting Al-Ghadban, […]

An Iraqi Oil Company Invests More Than $3 Billion in Iraq

An Iraqi Oil Company Invests More Than $3 Billion in Iraq

Majid Jafar, CEO of the Iraqi-based Crescent Petroleum, said on Tuesday that the company is investing more than $ 3 billion in Iraq. He added during a meeting in a conference in Abu Dhabi, “We have invested more than three billion dollars in Iraq over the past ten years, and this rate is increasing.” In […]

Parliamentary Finance Reveals The Fiscal Deficit in Next Year's Budget

Parliamentary Finance Reveals The Fiscal Deficit in Next Year’s Budget

The Parliamentary Finance Committee revealed, today, Tuesday, a deficit of 48 trillion dinars in the budget for next year, considering that this deficit will hinder the passage of the budget law in the specified period. “There is a search for new financial resources in order to support the budget, which is estimated at more than […]

Agriculture: Marketing of 5000 Tons of Wheat Crop in Babylon

Agriculture: Marketing of 5000 Tons of Wheat Crop in Babylon

The Ministry of Agriculture announced on Thursday the marketing of more than 5000 tons of wheat crop in the province of Babylon to the stores of the Ministry of Commerce since the beginning of the current agricultural season until now. The ministry said in a statement received by Alsumaria News, that “the Directorate of Agriculture […]