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Iraq Bulletin

Month : December 2025

Business

Precious metals market sees major year-end correction

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EuroWire, NEW YORK: Precious metals fell sharply on Monday as investors locked in profits after a series of record-breaking rallies, leading to steep losses across gold, silver, and platinum markets. The downturn came amid light trading volumes ahead of the year-end, as markets closed one of the strongest years on record for precious metals. Spot......
News

Mexico train crash claims 13 lives in Oaxaca region

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MENA Newswire, MEXICO CITY, December 30, 2025: At least 13 people were killed and 98 others injured after an Interoceanic train derailed in the southern Mexican state of Oaxaca on Sunday, according to government authorities. The train, operated under the Interoceanic Railway of the Isthmus of Tehuantepec, was carrying 250 people at......
Business

OPEC Fund commits $2bn to boost Africa’s development

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VIENNA, December 25, 2025: The OPEC Fund for International Development announced a new co-financing commitment of up to US$2 billion with the African Development Fund (ADF) for the period 2026 to 2030, reaffirming its ongoing financial support for Africa’s economic and social development. The agreement was disclosed by OPEC Fund President Abdulhamid Alkhalifa......
Business

Gold prices surge to record high near 4500 per ounce

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LONDON, December 24, 2025: Gold prices surged to an all-time high on Monday, approaching the $4,500 per ounce mark, as investors sought stability amid volatile global markets and persistent geopolitical tensions. The benchmark spot price briefly touched $4,497.80 per ounce in early Asian trading, setting a new receord before easing slightly.......
News

Call of Duty co-creator Vince Zampella dies in crash

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LOS ANGELES, December 23, 2025: Vince Zampella, the co-creator of the globally acclaimed Call of Duty video game franchise and a prominent figure in the interactive entertainment industry, died on Sunday following a car crash in Southern California. He was 55. According to the Los Angeles County Sheriff’s Department, Zampella was driving a Ferrari......
Business

Bank of Japan lifts rates to highest level in 30 years

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TOKYO, December 20, 2025: The Bank of Japan on Friday raised its benchmark interest rate to the highest level in three decades, marking another milestone in its gradual departure from ultra-loose monetary policy. The central bank lifted its short-term policy rate by 25 basis points to 0.75 percent, the highest since......
Featured News

MENA Newswire launches self-serve reporting via SpyderAPI

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DUBAI, UAE, December 20, 2025: MENA Newswire today announced the deployment of an always-on, self-serve reporting access system for its clients, powered by SpyderAPI. The enhancement introduces a dedicated reporting folder and CDN-backed delivery framework designed to provide immediate and reliable access to campaign performance reports for clients operating across global markets. The new......
Business

ADNOC closes $11 billion deal for offshore gas project

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ABU DHABI, December 19, 2025: Abu Dhabi National Oil Company (ADNOC) announced on Thursday the completion of a landmark structured financing agreement valued at up to AED 40.4 billion ($11 billion) to advance the Hail and Ghasha offshore gas development. The financing, arranged in partnership with Italy’s Eni S.p.A. and Thailand’s......
Business

UAE and Korea strengthen cooperation in energy and advanced industry

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SEOUL, December 19, 2025: The United Arab Emirates and the Republic of Korea have reaffirmed their commitment to strengthening cooperation in energy, industry, and advanced technology during an official visit by Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and ADNOC Managing Director and Group CEO. The visit included......