Business

Iraq and Jordan to start implementing the electrical grid project soon

On Saturday, Iraq, and Jordan revealed that the electrical grid connection project and building a pipeline from Basra to Aqaba between the two countries would be launched soon. In a joint press conference with his Jordanian counterpart, Ahmed Al-Safadi, the Iraqi parliament speaker, Muhamed Al-Halboosi, said that the Jordanian delegation …

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European stocks end worst year since 2018

Leading indices have sold off on high inflation, geopolitical tensions, and tightening monetary policy Major European stock indices struggled in 2022, with most showing their worst performance since before the Covid-19 pandemic, CNBC reported on Friday. The pan-European Stoxx 600 index began the last trading day of the year down …

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Iraqi Parliament to approve 2023 budget of 140 trillion dinars soon – source

Iraq’s Parliament will approve the 2023 budget of 140 trillion Iraqi dinars ($ 95,923,261,000.00) in the coming days. A source in the Parliamentary Finance committee, Mouin Al-Kadhimi, revealed that Prime Minister Muhammad S. Al-Sudani directed the minister of finance to complete the 140-trillion-dinars budget law to approve it and then …

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Al-Sudani heads a meeting on the Integrated Gas Development Project with Total’s CEO

Iraq’s Prime Minister Mohammad Shia al-Sudani on Thursday headed an expanded meeting to discuss an integrated gas project with French Total Energies’ CEO Patrick Pouyanné. According to an official readout, the meeting discussed gas investments in Iraq, including a 600-MMSCF, flared gas plant, the Artawi oilfield, a seawater desalination project, …

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