Day: July 19, 2019

Rafidain reveals the investment projects financed by him to support the national economy

Walter

Banks

Economy News _ Baghdad

Rafidain Bank, Friday, revealed the investment projects financed by him in Baghdad and other provinces, to support the national economy.
“The projects financed and financially supported by the bank are (Durrat Karbala Residential Complex – Al Yamamah Residential Complex – Mall Town Center Project – Integrated Community College Complex – Arbil Residential Complex – City Water Games) “.
“The rest of the projects are a commercial complex with a parking lot, the Jokharet Tikrit residential complex, the Al-Baqir Tower Hotel project, the Dujla residential complex, the construction project of Hammurabi University, the Basmaya residential complex, the peace schools, Other “.

http://economy-news.net/content.php?id=17294

The rise in oil prices after America announced the downing of an Iranian aircraft march

Walter

Arab and international

Economy News _ Baghdad

Oil prices rose on Friday as tensions rose in the Gulf, as US President Donald Trump announced that his country had dropped an Iranian droner, while Tahran said it had stopped a foreign oil tanker in the Gulf.
By 09:54 Moscow time, Brent crude was trading at $ 62.74 a barrel, up 1.31% from the previous settlement. US crude futures rose 0.78% to $ 55.73 a barrel.
The rise was supported by increased tension in the Gulf region, after Trump announced that the US destroyer Boxer had destroyed an Iranian marlin approaching 1,000 meters in the Strait of Hormuz.
Iran has said it stopped a foreign oil tanker in the Gulf, boosting market concerns over global oil supplies.

http://economy-news.net/content.php?id=17293

Gold is at its highest level since May 2013

Walter

Date of release: 2019/7/19 10:50

{International: Al Furat News} Gold on Friday surpassed the $ 1450 level that is important for the first time since May 2013, after comments by a senior Federal Reserve official boosted expectations of lower interest rates, while the yellow metal received support from fresh tensions in the East Middle.

Spot gold hit $ 1452.60 an ounce in early trade, its highest level since May 10, 2013, before falling 0.3 percent to $ 1442.35 by 0543 GMT.

The precious metal has gained nearly 2 percent since the beginning of this week and is heading towards its second consecutive weekly gain.

Gold in US futures futures jumped 1.2 percent to $ 1444.70 an ounce

http://alforatnews.com/modules/news/article.php?storyid=203977