Iraq’s financial revenues surpass $32.1 billion in four months
Baghdad (IraqiNews.com) – The Iraqi Ministry of Finance revealed on Monday that Iraq’s financial revenues exceeded 42 trillion dinars ($32.1 billion) in four months. Data revealed by Iraq’s Finance Ministry related to the finances of January, February, March, and April…
Saudia Group in ‘landmark’ deal for 105 Airbus planes
Riyadh – Saudi Arabia’s Saudia Group will buy 105 Airbus planes, the company said on Monday, hailing it as the biggest aircraft deal in the country’s history. Saudia airline will receive 54 A321neo aircraft, while budget offshoot flyadeal will acquire…
Train crash in Argentine capital leaves 30 injured
Buenos Aires – A passenger train crashed into a maintenance train in Buenos Aires on Friday, leaving at least 30 people hospitalized, including two in serious condition, Argentina’s emergency officials said. The SAME emergency service said firefighters had evacuated everyone…
Iraq expects oil reserves to top 160 billion barrels
Baghdad – Iraq, one of the world’s biggest oil producers, aims to boost its crude reserves to more than 160 billion barrels, Oil Minister Hayan Abdel Ghani said on Saturday. The minister’s comment came during the launch of new licensing…
Saudi Aramco says Q1 profit down 14.5 percent
Riyadh – Oil giant Saudi Aramco said Tuesday its first-quarter net profit dipped 14.5 percent on year to $27.27 billion as the Gulf kingdom kept production cuts in place. Net income was 102.27 billion riyals ($27.27 billion), down from 119.54…
TBI signs cooperation agreement with JICA
Baghdad (IraqiNews.com) – The Trade Bank of Iraq (TBI) and the Japan International Cooperation Agency (JICA) signed a cooperation agreement on Monday under the auspices of the Iraqi Prime Minister, Mohammed Shia Al-Sudani. A ceremony attended by the Iraqi Minister…
Parliamentary Finance Committee indicates a large budget deficit
Baghdad (IraqiNews.com) – The Parliamentary Finance Committee in Iraq announced on Sunday a large deficit in the 2024 budget, which has not yet been approved by the Iraqi government. According to Uday Awad, a member of the Parliamentary Finance Committee,…
What has gone wrong for Saudi-backed Newcastle?
Manchester – Newcastle liked a meteoric increase through the to start with 18 months of their new era beneath the management of the Saudi sovereign wealth fund but the Magpies’ development has stalled this time. Eddie Howe’s gentlemen are languishing…