Abdul Mahid News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from Abdul mahid. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In Abdul Mahid Today - Breaking & Trending Today

Iraq signs $2B oil prepayment deal with China's ZenHua Oil


Iraq signs $2B oil prepayment deal with China’s ZenHua Oil
By Salma El Wardany on 1/3/2021
Abdul Mahid and Xi Jinping
(Bloomberg) Iraq has selected a Chinese company for a multibillion-dollar oil-supply deal, as the Arab nation seeks funds to bolster an economy reeling from the Coronavirus-triggered collapse in energy prices.
SOMO, which oversees Iraq’s petroleum exports, picked a Chinese firm after receiving bids from several traders, the official Iraqi News Agency reported, citing an interview with the head of SOMO, Alaa Al-Yasiri. While INA didn’t name the company or specify if Prime Minister Mustafa al-Kadhimi had signed off on the deal, Bloomberg reported last month that ZhenHua Oil Co., a subsidiary of China’s largest state-owned defense contractor, was the winner. ....

Saudi Arabia , Alaa Al Yasiri , Salma El Wardany , Abdul Mahid , Mustafa Al Kadhimi , International Monetary Fund , Iraqi News Agency , Zhenhua Oil Co , Organization Of Petroleum Exporting Countries , China Zenhua Oil , Prime Minister Mustafa , Middle Eastern , Petroleum Exporting Countries , சவுதி அரேபியா , அப்துல் மஹித் , சர்வதேச பண நிதி , ஆர்கநைஸேஶந் ஆஃப் பெட்ரோலியம் ஏற்றுமதி நாடுகள் , ப்ரைம் அமைச்சர் மஸ்டேஃபா , நடுத்தர கிழக்கு , பெட்ரோலியம் ஏற்றுமதி நாடுகள் ,