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Gulf Stock Markets Rally Supported by Strong Corporate Earnings

Financial markets in the Arabian Gulf region witnessed a wave of collective gains, driven by positive financial results announced by major companies in the banking and petrochemical sectors. The influ...

IMF Forecasts Slight Slowdown in Global Economic Growth

The International Monetary Fund (IMF) issued an updated report indicating a potential slight slowdown in global growth rates this year. The report noted that tight monetary policies and interest rate...

Launch of the "Development Road" Project as an Economic Pillar Linking East to West

The Iraqi government has begun actual steps to implement the strategic Development Road project linking the Grand Faw Port to the Turkish border. This project represents a new economic artery that wil...

Iranian Efforts to Boost Auto Industry in Iraq Met with US Pressure

Tigris Point News is following the efforts of Iranian auto companies to expand assembly lines in Iraq, a trend facing continuous US pressure on Baghdad to diversify its foreign investment sources away...

Digital Art Ranks Third in Total Collector Spending for 2026

The comprehensive 2026 Art Basel annual report, which covers global market trends, revealed that the sector of acquiring digital art and Non-Fungible Tokens (NFTs) has surged to rank third globally in...

Global Art Auction Market Bounces Back with 11.3 Percent Growth in the UK

Global art auction sales recorded a notable increase in the first quarter of 2026, thereby overcoming previous periods of contraction and economic downturns that had impacted the art sector. This reco...

BlackRock CEO: Skilled Trades Better Than Office Jobs in Automation Era

Larry Fink, CEO of global asset management firm BlackRock, stated in his annual letter to investors that skilled manual trades (such as plumbing, electrical work, and construction) currently constitut...

Meta Begins Laying Off Hundreds of Employees to Cut Costs

Meta has initiated a widespread layoff process affecting hundreds of employees across various departments and teams within the organization, including hardware development and product management secto...

US Chevron Acquires Development Rights for Strategic Oil Field, Replacing Russian Firm

The giant US company Chevron has obtained the operating and development rights for one of the most prominent oil fields in Iraq, serving as an official replacement for a Russian energy company that re...

Iraqi Parliament Warns of Massive Financial Gap in 2026 Budget

The Parliamentary Finance Committee has issued stark warnings of major challenges facing the 2026 federal budget, expecting a record financial deficit that could exceed $61 billion due to global energ...

World Bank Projects Iraq to Lead Arab Economic Growth Rates in 2026

The World Bank, in its latest report, projects that the Iraqi economy will make a qualitative leap by recording the highest growth rate in the Arab world for 2026, expected to reach 6.7%. This positiv...

EU Exempts First Chinese-Made EV from 20.7 percent Tariff

Brussels has granted the first exemption from countervailing duties for an electric vehicle (EV) manufactured in China. This comes after the European Commission accepted a request from Volkswagen (Anh...