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Iraq Bulletin

Month : April 2023

Business

IsDB board approves $403 million projects to promote sustainability and socio-economic growth

iraqbulletin.co
The Islamic Development Bank (IsDB) Board of Executive Directors has approved three sustainable development projects worth approximately US$ 403 million. These projects will support socio-economic development and promote sustainability in key sectors such as energy, education, and transport in member...
Business

Breaches of criminal law in Credit Suisse-UBS merger to be probed by Swiss prosecutor

iraqbulletin.co
Switzerland's Federal Prosecutor is investigating potential breaches of criminal law by officials involved in the state-backed takeover of Credit Suisse by UBS Group, which was announced last month. The prosecutor's office is examining the deal for any evidence of wrongdoing...
Business

Saudi Arabia and OPEC+ allies agree to cut oil output by 1.16 million bpd

iraqbulletin.co
Saudi Arabia and other OPEC+ oil producers announced further oil output cuts of around 1.16 million barrels per day on Sunday, ahead of a virtual meeting of an OPEC+ ministerial panel. The unexpected move takes the total volume of cuts...
Automotive

Mercedes-Benz launches GLC Coupe with electric off-road capabilities

iraqbulletin.co
Mercedes-Benz has launched the new GLC Coupe, featuring electric drive technology that offers both on- and off-road capabilities. Equipped with 4MATIC all-wheel drive and rear axle steering, the vehicle is designed for sporty performance and high efficiency. The latest MBUX...