Read the latest news from regional and global sources, presenting different voices and perspectives.

Iraq approves Basra housing project
The project will span an area of 3 square kilometres and have more than 5,000 houses Become a MEED subscriber for unlimited access to: Exclusive news, comment and analysis on the MENA region An unrivalled 20-year old archive Exclusive...

Iraq's crisis deepens: Water scarcity triggers mass exodus
2025-06-29T19:07:44+00:00 font Enable Reading Mode A- A A+ Shafaq News – Baghdad, al-Anbar, Basra Iraq is facing a cascading water crisis that has prompted emergency measures across multiple provinces, paralyzed agriculture, and ignited warnings...

Russian president, Iraqi premier express concern over risks for energy markets — Kremlin
MOSCOW, June 23. /TASS/. Russian President Vladimir Putin and Iraqi Prime Minister Mohammed al-Sudani expressed concern over risks related to the crisis in the Middle East for global energy markets, the press service of the Kremlin reported...

Israeli exceptionalism and Global South
Listen to article Two events in the past week provided yet another glimpse of the global political shifts and growing inter-state tensions. One was a meeting in Bogota, Colombia, convened by the Hague Group, which is expressly opposed to the...

BP's Market Gains Outpace Its Industry: What it Means for Investors
Shares of BP plc BP have gained 13.8% in the past six months, outperforming the oil-energy sector’s gain of 9.8%. The company has a market capitalization of $9.3 billion. BP also outpaced its energy peers, Exxon Mobil Corporation XOM, which has...

Nigeria Left Out As OPEC+ Approves 548,000 bpd Production Increase For August
Nigeria has been excluded from the list of Organisation of Petroleum Exporting Countries and its allies (OPEC+) members permitted to increase oil production in August 2025. This was the outcome of a virtual meeting held on Friday by eight key...

Necrotizing Fasciitis: A Retrospective Review of the Microbiological Aspects and Factors Associated with Multi-Drug Resistance from a Saudi Tertiary Care Hospital
Introduction The term necrotizing fasciitis (NF) describes a subset of relatively rare and fulminant necrotizing skin and soft-tissue infections (NSSTIs) that are characterized by progressively spreading necrosis in the subcutaneous tissues,...

Opec plus to raise production by 548,000 bpd in August
Opec+ agreed yesterday to raise production by 548,000 barrels per day in August, further accelerating output increases at its first meeting since oil prices jumped – and then retreated – following Israeli and US attacks on Iran. The group, which...

Amman Chamber of Industry Exports Surpass 3 Billion Dinars in First Half of 2025
Exports from the Amman Chamber of Industry exceeded the 3-billion-dinar mark during the first half of this year, driven by the high quality and competitiveness of its products in international markets.اضافة اعلان According to periodic statistical...

Turkey's exports to Morocco surge, renewing debate over free trade agreement
Turkey’s furniture, paper, and forestry products sector recorded a sharp increase in exports to Morocco in June, jumping by 67% compared to the same month last year. This surge placed Morocco as the fourth-largest export market for the sector,...

OPEC+ to raise oil output by 548,000 bpd in August as group accelerates production rebound amid market pressure
OPEC+ agreed on Saturday to raise production by 548,000 barrels per day in August, further accelerating output increases at its first meeting since oil prices jumped — and then retreated — following Israeli and U.S. attacks on Iran. The group,...

Opec+ decision to raise production a ‘calculated risk’
MUSCAT, JULY 5 A leading Omani energy expert has described Opec+’s decision to raise oil production by 548,000 barrels per day (bpd) starting August as a “calculated risk” based on encouraging market signals. The move, announced on Saturday, July...

Iraqi oil exports to US drop 30,000 bpd
2025-06-29T07:06:51+00:00 font Enable Reading Mode A- A A+ Shafaq News – Baghdad/Washington Shafaq News/ The United States reduced its crude oil imports from Iraq last week, according to data released Sunday by the US Energy Information...

OPEC+ to boost oil production by 548,000 barrels per day in August
NEW YORK (AP) — Eight members of the OPEC+ alliance of oil exporting countries say they will boost production by 548,000 barrels per day in August in a move that could further reduce gas prices this year. The group that includes Saudi Arabia and...

OPEC+ members expected to hike oil production in August 2025; Check details
Inclining towards the intention of continuous global energy growth and outpacing the fundamental oil market structure along with the decision agreed by eight participating countries under OPEC to start a gradual return of 2.2 million barrels per...

OPEC+ to boost crude oil production in August
A gas flame is seen in the desert at Khurais oil field, about 100 miles from Riyadh, Saudi Arabia. File photo by Ali Haider/EPA July 5 (UPI) -- Eight OPEC+ nations on Saturday agreed to increase their crude oil production by 548,000 barrels per...

OPEC+ increases oil production again
“The eight participating countries in the meeting will implement a production adjustment of 548,000 barrels per day in August 2025,” compared to July, surpassing the initially forecasted 411,000 by analysts, announced the Organization of the...

OPEC+ members agree to larger-than-expected oil production hike in August
The OPEC logo is displayed on a mobile phone screen in front of a computer screen displaying OPEC icons in Ankara, Turkey, on June 25, 2024. Anadolu | Anadolu | Getty Images Eight oil-producing nations of the OPEC+ alliance agreed on Saturday to...

Iraq's water crisis deepens: Kurdistan’s iconic waterfall dries up
2025-06-28T22:13:48+00:00 font Enable Reading Mode A- A A+ Shafaq News - Erbil The Gali Ali Beg waterfall, one of the Kurdistan Region’s best-known natural landmarks, has dried up completely for the first time in living memory, amid a severe water...
Iraqi Dinar Q&A: RV Prospects Two Weeks on from Airstrikes on Iran
By Guest Blogger. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Q: Following your recent article on the Dinar Revaluation (RV) and Israeli Airstrikes on Iran, the situation in...