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Iraq is ranked 93rd globally and ninth in the Arab world for investment or doing business
2024-04-10T09:02:51+00:00
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/ Iraq ranked 93rd globally and ninth in the Arab world in the best countries for investment or doing business for the year 2024, according to CEOWORLD magazine, which issued its report for the year 2024, which classifies and analyzes 199 countries based on their business and investment environments. The magazine considers the ease of doing business and the mobility of investors and skilled employees as strategic factors in this analysis.
The ranking was based on 11 different factors, including corruption, freedom (personal, commercial, and monetary), labor force, investor protection, infrastructure, taxation, quality of life, red tape, and technological readiness. Each category was equally weighted.
According to the latest rankings, Spain ranked sixth, followed by Australia, Poland, the Philippines, and the United States, respectively.
Malaysia, Thailand, the Czech Republic, France and the United Arab Emirates ranked 11th, 12th, 13th, 14th and 15th, respectively, among the best countries in the world to invest or do business in 2024.
Iraq ranked 93rd in the world in the best countries for investment or doing business for the current year, obtaining 71.77 points for skilled hands in the market and 72.15 points for market potential. Nauru, Kiribati, Palau, and Micronesia are in last place for the best countries for investment or doing business for the year 2024.
Iraq came ninth in the Arab world after: the UAE, Oman, Bahrain, Saudi Arabia, Tunisia, Kuwait, Qatar, and Egypt.
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Iraq is ranked 93rd globally and ninth in the Arab world for investment or doing business
The Texas barrel closes with a rise to USD 85.40
– 2024-04-19 07:55:22
The price of Texas intermediate oil (WTI) closed this Friday with a rise of 0.45%, to $85.40 a barrel, given the escalation of the conflict in middle East.
At the end of the session in the New York Mercantile Exchange (Nymex)WTI futures contracts for delivery in May added 0.38 dollars compared to the close of the previous day.
Throughout the day, crude oil prices surpassed $86 due to the possibility of an imminent attack by Iran contra Israelwhich also put upward pressure on gold and sovereign bonds.
The Wall Street Journal reported today that Israel is preparing for a possible attack by Iran that could occur as soon as this Friday or Saturday, according to a source familiar with the matter that the newspaper does not specify.
However, Texas futures have fallen 1.49% this week due to inflationary pressures and low expectations that the Reserva Federal (Fed) carry out interest rate cuts soon.
Low interest rates tend to stimulate consumption in general and demand for oil and oil derivatives in particular.
Natural gas futures contracts for May rose 0.34%, to $1.77 per thousand cubic feet – after falling more than 6% on Thursday – and gasoline futures expiring the same month rose 0. 8%, to $2.79 per gallon. EFE (I)
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The Texas barrel closes with a rise to USD 85.40 – 2024-04-19 07:55:22