logo
Dollar prices decline in Baghdad and Erbil markets

Dollar prices decline in Baghdad and Erbil markets

Shafaq News7 days ago
Shafaq News – Baghdad/Erbil
On Monday, the exchange rates оf the US dollar against the Iraqi dinar edged lower in Baghdad and Erbil.
According to Shafaq News Agency's survey, the dollar's rates decreased with the closure оf the central Al-Kifah and Al-Harithiya stock exchanges in Baghdad, settling at 139,500 dinars for every 100 dollars, while they recorded 139,800 dinars in the morning.
The selling and buying rates at currency exchange stores in Baghdad were set at 140,500 IQD and 138,500 IQD per 100 USD, respectively.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Iraq to produce 12GW of Solar Power by 2030
Iraq to produce 12GW of Solar Power by 2030

Iraq Business

time3 hours ago

  • Iraq Business

Iraq to produce 12GW of Solar Power by 2030

By John Lee. The Iraqi Oil Ministry's Undersecretary for Distribution Affairs, Ali Maarij, has said that Iraq aims to incorporate 12 Gigawatts (GW) of solar power into its energy mix by 2030, alongside intensified efforts to capture natural gas and reduce flaring. He made the comments at a ceremony to launch a major new report from the International Renewable Energy Agency (IRENA) on the status and outlook of Iraq's energy transition. Maarij described the report as the result of close cooperation between the Iraqi government-represented by the Ministries of Oil and Electricity-and IRENA. He noted that it offers a comprehensive assessment of Iraq's current energy landscape, highlighting both the challenges and opportunities along the path to cleaner energy. For more details on the report click here. (Source: Ministry of Oil)

France's Sanofi helps Iraq develop pharmaceutical industry
France's Sanofi helps Iraq develop pharmaceutical industry

Iraqi News

time8 hours ago

  • Iraqi News

France's Sanofi helps Iraq develop pharmaceutical industry

Baghdad ( – The Iraqi Ministry of Health mentioned on Sunday that the agreement with Sanofi, a French pharmaceutical and healthcare company, represents an essential step toward strengthening Iraq's pharmaceutical industry. During his participation in a scientific workshop on biosimilar medicines and intellectual property, Deputy Health Minister Hani al-Oqabi explained that the agreement reached with Sanofi is not limited to the pharmaceutical industry but includes other important areas, according to the state-run news agency (INA). Iraqi Prime Minister Mohammed Shia al-Sudani has lately been focusing on developing collaboration with international enterprises and seeking investments to build industries in Iraq, according to al-Oqabi. The prime minister's advisor on industry and private sector development, Hammoudi al-Lami, revealed earlier that AstraZeneca, a British-Swedish multinational pharmaceutical and biotechnology company based in Cambridge, is thinking of building a pharmaceutical facility in Iraq. In a statement to the Iraqi News Agency (INA), al-Lami explained that Arab and foreign companies are eager to set up businesses in the Iraqi market. The Iraqi official indicated that the US multinational healthcare company Baxter, as well as businesses in the Gulf States, had also expressed a desire to become part of the Iraqi market. The Iraqi Ministry of Health revealed in late April that it signed an agreement with European companies to establish an insulin production plant in the northern Iraqi province of Nineveh. According to INA, the agreement was signed with a Polish firm, one of the top four producers of insulin worldwide, and a German corporation. The idea to produce insulin in Iraq that meets all European requirements was sparked by the Iraqi government's support for pharmaceutical and health industry initiatives. The steps align with the objectives outlined in the Iraqi government's agenda, which emphasizes the development of the country's health sector.

SLC's Atwan al-Atwani elected new Baghdad governor
SLC's Atwan al-Atwani elected new Baghdad governor

Shafaq News

time9 hours ago

  • Shafaq News

SLC's Atwan al-Atwani elected new Baghdad governor

Shafaq News – Baghdad On Sunday, the Baghdad Provincial Council elected Atwan al-Atwani, a senior figure in the State of Law Coalition (SLC) and current head of the Parliamentary Finance Committee, as the new governor of the Iraqi capital. The vote followed a close contest between two political heavyweights: al-Atwani, backed by former Prime Minister Nouri al-Maliki's SLC, and Dhulfiqar Thamer al-Fayyad, supported by the Development and Reconstruction Bloc led by current Prime Minister Mohammed Shia al-Sudani. The presidency had cleared the way for the new appointment after President Abdul Latif Rashid approved the retirement of outgoing governor Abdul Mutalib Alawi. This marks the second time Alawi has been retired from the post, following a previous dismissal by the council on July 3, which had briefly led to the appointment of Haidar Mohan as governor.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store