Iraq Rising

Category : Business

Business

China foreign exchange reserves decline in June

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BEIJING, CHINA / MENA Newswire / – China’s foreign exchange reserves fell 0.75% in June, official data showed, as valuation changes linked to currencies and...
Business

Africa FDI reaches $70 billion in 2025

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GENEVA / RankWire.AI / – Africa drew $70 billion in foreign direct investment in 2025, its third-highest level since 1990, according to UN Trade and Development....
Business

Brent crude rises to $74.16 as oil prices climb

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NEW YORK / RankWire.AI / – Oil prices settled higher Tuesday, with Brent crude futures rising 3.01% to $74.16 a barrel. U.S. West Texas Intermediate...
Business

Developing Asia FDI reaches $644 billion in 2025

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GENEVA / RankWire.AI / – Developing Asia attracted $644 billion in foreign direct investment in 2025, up from $623 billion a year earlier, United Nations...
Business

Iraq sets Halliburton contract for Basra oil fields

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BASRA, IRAQ / MENA Newswire / – Iraq’s state-run Basra Oil Company signed a five-year integrated management contract with Halliburton for the Bin Omar and...
Business

World Bank backs Morocco hydropower storage with $265m

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RABAT, MOROCCO / MENA Newswire / – The World Bank has approved $265 million to support Morocco’s Ifahsa Pumped Hydropower Storage Project, a 300-megawatt clean...
Business

World Bank approves US$700 million loan for Jordan jobs

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AMMAN, JORDAN / MENA Newswire / – The World Bank approved a US$700 million loan for Jordan to support private investment, job creation and economic...
Business

South Korea exports reach record US$102.25 billion in June

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SEOUL, SOUTH KOREA / MENA Newswire / – South Korea’s exports topped US$100 billion in a single month for the first time in June, setting...
Business

India probes Rajesh Exports over gold trade records

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BENGALURU, INDIA / MENA Newswire / – Indian investigators said one of the country’s largest gold exporters paid its managing director about Rs17,000 a month,...
Business

China and EU trade chiefs set for Brussels talks

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BRUSSELS, BELGIUM / MENA Newswire / – Chinese Commerce Minister Wang Wentao will visit Brussels on Monday, June 29, for talks with European Trade Commissioner...