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Iraq to Build New Phosphate Plant at Cost of $2 Billion

Baghdad: The Iraqi Ministry of Industry and Minerals announced its intention to proceed with the construction of a new phosphate plant in the Al Qaim district of Anbar province, western Iraq, to utilize 10 billion tons of the country’s phosphate reser…

Saudi Stock Index Closes Lower as 207 Companies See Decline

Riyadh: The main Saudi stock index closed trading Wednesday down 55.13 points, settling at 10,540.72 points, with a trading value of SR 2.7 billion.

According to Qatar News Agency, the volume of shares traded during the session reached 123 million s…

Oil Prices Edge Lower at Settlement

New york: Oil prices slipped slightly at settlement on Wednesday, posting modest losses in New York trading.

According to Qatar News Agency, Brent crude futures fell by 14 cents, or 0.22%, to settle at USD 62.24 a barrel. US West Texas Intermediate…