Gold Prices Rise in Baghdad and Erbil Amid Strong Demand

Baghdad/Erbil, February 4, 2026 – Iraq gold prices continued to climb on Wednesday, reaching 1.06 million IQD per mithqal in Baghdad and Erbil, continuing a steady upward trend amid growing local and regional demand. In Baghdad, traders on Al-Nahr Street sold 21-carat gold, including Gulf, Turkish, and European varieties, at 1,073,000 IQD per mithqal. Buyers paid 1,069,000 IQD, marking a...

Gold Prices Rise in Baghdad and Erbil Amid Strong Demand

Baghdad/Erbil, February 4, 2026 – Iraq gold prices continued to climb on Wednesday, reaching 1.06 million IQD per mithqal in Baghdad and Erbil, continuing...

QatarEnergy Secures Long-Term LNG Deal with Petronas

QatarEnergy and Malaysia’s national oil and gas company Petronas have signed a landmark LNG supply agreement. The 20-year deal will deliver two million tons...

QatarEnergy and Petronas Seal Historic LNG Partnership

QatarEnergy and Malaysia’s Petronas have finalized a landmark LNG partnership deal, marking a major milestone in global energy collaboration. This LNG partnership deal signals...

Türkiye and Saudi Arabia Seal Historic $2 Billion Solar Partnership

Türkiye has taken a decisive step in its energy strategy through a landmark solar agreement, highlighting strong regional cooperation and a growing commitment to clean power. The renewable energy investment deal was signed in Riyadh between Türkiye and Saudi Arabia. The agreement focuses on large-scale solar energy projects across Türkiye. Moreover, the deal carries an estimated value of $2 billion....

Finacial

What's happening now?

Explore more articles

Most Viewed

Recommended for you

Emirates Hospitality Centre Opens in Dubai for Crew Training

Emirates Hospitality Centre has opened in Dubai, setting a new benchmark in aviation training. The $8 million facility showcases the airline’s commitment to elevating global standards in fine dining and service. The centre sits in Al Garhoud within...

Dragon Oil Iraq Signs New Partnerships

Dragon Oil’s operations in Iraq have signed new cooperation agreements to expand oilfield services and support energy development across the country. The UAE-based company announced...

Sharjah Airport in UAE Prepares for Summer Surge with Over 800000 Passengers Expected

Sharjah Airport is preparing to handle a significant increase in travelers during the summer months. The airport expects to welcome more than 800,000 passengers...

Strengthening Bahrain’s Financial Sector with New CBB Structure

The Central Bank of Bahrain (CBB) took major steps toward strengthening Bahrain’s financial sector during its second Board meeting. The meeting, held in Manama...

Oman Oil Profits Surge as OQEP Reports Strong Quarter

Oman oil profits continued rising as OQ Exploration and Production Company (OQEP) reported solid financial results for the first quarter. Net profit surpassed OMR74.9...

Kuwait NBK Strong Profits Drive Growth and Stability

Kuwait’s National Bank of Kuwait (NBK) continues to perform well, driven by NBK strong profits across multiple areas of business. These gains highlight the...

Zain Group Unveils Global M2M Offering in Kuwait

Zain Group, a leading telecommunications provider in the Middle East and Africa, has introduced a groundbreaking Global M2M offering. This new solution aims to...

Solar Energy Iraq Karbala Launches First Industrial Solar Plant

Solar Energy Iraq takes a major step forward as the country prepares to inaugurate its first industrial-scale solar power plant in Karbala. The launch...

CPEC Subsidiary Wins Major Iraq Gas Project from TotalEnergies

China Petroleum Engineering Corporation CPEC Subsidiary has announced a big win. Its fully owned subsidiary, China Petroleum Pipeline Engineering, received a new contract. In addition,...

Travelers Make the Best of Heathrow Flight Disruptions

A fire near Heathrow Airport caused major flight disruptions, leaving many travelers stranded. However, instead of frustration, some passengers saw it as a chance to make the best of Heathrow flight disruptions. Karim Jetha, a London-based investment manager, had a...