HAMBURG, Feb 24 (Reuters) - Iraq’s state grains buyer is believed to have purchased about 250,000 tonnes of wheat expected to be sourced from Australia in an international tender restricted to a limited number of participants this week, European traders said on Friday. European traders said the wheat was believed to have been bought at an estimated $428 a tonne c&f free
Read MoreSynopsis The two sides held wide-ranging talks during the second round of the India-Iraq Foreign Office Consultations in Baghdad where the Indian delegation was led by Ausaf Sayeed, Secretary (CPV & OIA), while Iraq's delegation was led by Hisham Al Alawi, Undersecretary for Political Planning Affairs from the Ministry of Foreign Affairs of Iraq. India and I
Read MoreThe Oil Ministry is considering a backup plan of offering the gas field in a new contract licensing round. Iraq appears to be on the verge of losing a deal to develop one of its largest free gas fields after China's Sinopec asked for fundamental changes to a contract that was awarded by the previous government. The end of the Mansuriya deal would represent a setback in Iraq
Read More4,500-Year-Old Sumerian Palace Discovered in Iraq Desert. Credit: Public Domain Since 2015, a team of British Museum-affiliated archaeologists has been excavating the site formerly known as Tello, where the ancient city of Girsu once stood, in the southern plains of Iraq. Dr. Sebastien Rey supervised the excavation team that found the Sumerian palace in modern-day Iraq, w
Read MoreIraq is planning to pay for private-sector imports from China in yuan, injecting foreign currency into the financial system to help ease pressure on the dinar. The central bank will provide yuan to local lenders for dealings with Chinese counterparts, according to a statement published Wednesday. It will also supply the Chinese currency to final beneficiaries directly via so
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