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FINANCIAL NEWS
Iraq, Iran trade value hits USD12b
19 Jan 2015
(MENAFN) According to the Iran-Iraq Joint Chamber of Commerce said that the value of the bilateral trade between Iran and Iraq has reached USD12 billion, adding that Iran is seeking a 25 percent share in the Iraqi market, Xinhua reported
“An Iranian delegation to be headed by Iran’s First Vice-President will soon visit Iraq to discuss further expansion of trade ties between the two countries,” The Head of the Iran-Iraq Joint Chamber of Commerce said addressing a conference of economic and trade opportunities between two countries.
Meanwhile, the National Iranian Gas Company (NIGC) announced that Iran will begin supplying natural gas to Iraq on a regular basis by May 2015 after the countries’ Oil ministers signed an agreement which will result in supplying Al-Baghdad and Al-Mansouriyah power plants in Iraq with 25 million cubic meters per day of natural gas.
More News
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BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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