Saudi Crown Prince to join Arab Summit in Baghdad
Baghdad (IraqiNews.com) – Saudi Crown Prince Mohammed bin Salman Al Saud (MBS) is expected to attend the upcoming Arab League summit on Saturday in Baghdad, according to recent reports.
MBS participation underscores the strengthening ties between Iraq and Saudi Arabia, as well as a broader regional push toward dialogue and cooperation.
The summit, to be held in Iraq's capital, marks a significant moment for Baghdad, which has been working to restore its influence in the Arab world following years of internal conflict and diplomatic isolation.
Leaders across the region are anticipated to discuss key issues including regional security, economic collaboration, and the ongoing Palestinian situation.
MBS's appearance follows a high-profile visit by U.S. President Donald Trump to Riyadh, during which the two leaders signed multi-billion-dollar deals with leading American firms. In a speech during the visit, Trump noted he had consulted with MBS on lifting sanctions on Syria, framing the move as part of a broader effort to promote peace in the Middle East following the fall of Bashar al-Assad.
The summit is poised to reflect both Iraq's re-emergence on the diplomatic stage and the Kingdom's influential role in shaping the future of the Middle East.
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5 hours ago
- Iraqi News
Iraq's oil exports to Greece valued at over $5 billion in 2024
Baghdad ( – Statistics released on Monday indicated that Iraq's total oil exports to Greece surpassed $5 billion in 2024. Iraq supplied almost nine million tons of crude oil to Greece, valued at $5.41 billion, with a 21 percent annual growth rate between 2020 and 2024, Shafaq News reported. According to the figures, Iraq exported 8.2 million tons of crude oil to Greece, totaling $4.59 billion. It also exported 1.52 million tons of oil derivatives, totaling $812 million. Greece, Italy, and Turkey are the largest importers of Iraqi crude oil in Europe. The Iraqi Ministry of Oil revealed in January that the country's oil exports in 2024 surpassed 1.2 billion barrels, where China and India were the largest importers of Iraqi oil. According to official figures, the country's total oil exports in 2024 were 1.234 billion barrels, while the quantities exported in 2023 were 1.232 billion barrels. Iraq's daily export rate was 3.31 million barrels, while the monthly export rate was 102.87 million barrels, according to data released by the State Organization for Marketing of Oil (SOMO). Through Gulf ports, Iraq exports around 70 percent of its crude oil to Asia, particularly China and India, with the rest of the oil exports going to Europe and the United States.
