Iraqi News
Liquidity shortfall freezes lending at Iraq’s state banks
Government lending programs remained suspended on Thursday as Iraq’s state-owned banks — particularly Rafidain Bank and Rasheed Bank — continued to halt advances and...
Germany Assists with Roadmap for Iraq’s Economic Transformation
Iraq’s Ministry of Planning held a steering committee meeting for the Supporting Economic Transformation (SET) project, in cooperation with the German Agency for International...
Oil nears $70 a barrel
Press sources reported on Thursday that oil prices climbed to nearly $70 per barrel, following heightened geopolitical tensions.
According to the sources, the increase came...
Iraq’s $567 monthly wage trails living costs nearly threefold
Iraq recorded an average monthly wage of $567 over the past year, ranking ninth among Arab countries, according to data from the global database...
The dollar hits its lowest level in four years.
The U.S. dollar saw its biggest drop in nearly four years on Wednesday, as global financial markets continued to slide. According to Bloomberg data...