Asian markets bounce back as China-US trade fears ease

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Hong Kong — Asian stocks jumped on Monday after Donald Trump struck a more conciliatory tone toward China over the weekend, easing fears of...

China’s economic growth slows amid sputtering domestic demand

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Beijing — China’s economy slowed more than expected in the third quarter of 2025, growing below five percent for the first time in a...

Iraq’s Civil Defense acquires IVECO Eurocargo firefighting trucks

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IVECO and MTT Deliver 20 Eurocargo Firefighting Trucks to Iraq’s Civil Defense Directorate Baghdad — IVECO and its local distributor Machine Technology Trading Co. (MTT)...

Asia Stocks Edge Higher as Investors Balance China-US Tensions and Rate...

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Asia Stocks Edge Higher as US-China Tensions Simmer and Rate Cut Hopes Rise Hong Kong — Asian markets moved slightly higher on Thursday as investors...

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Iraqi News

Gas Investment Plans Reviewed for Nahr Bin Umar Field

Gas Investment Plans Reviewed for Nahr Bin Umar Field

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Iraq is moving ahead with plans to develop associated gas at the Nahr Bin Umar oil field in Basra province. The project was discussed...
CBI Rebuffs Speculation Over Foreign Currency Reserves

CBI Rebuffs Speculation Over Foreign Currency Reserves

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The Central Bank of Iraq (CBI) has confirmed that its foreign currency reserves remain strong and are fully capable of meeting the country's demand...
Al-Saadi: There is no decision to raise the exchange rate at present... but financial pressures may bring the issue back to the forefront.

Al-Saadi: There is no decision to raise the exchange rate at present… but financial...

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Former MP Baqir Al-Saadi said there is currently no government decision to raise Iraq’s official dollar exchange rate, despite recent concerns caused by fluctuations...
Parliamentary Finance Committee: Contract regularization is not an achievement without guaranteeing employee salaries

Parliamentary Finance Committee: Contract regularization is not an achievement without guaranteeing employee salaries

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Former Parliamentary Finance Committee member Mohammed Ibrahim has criticized the government's approach to preparing the upcoming budget, saying it appears to be repeating the...

Budget preparation: A repetition of past scenarios or a genuine solution to current crises?

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Iraq is getting ready to prepare its 2027 budget and send it to Parliament in October for discussion, changes, and approval. But there are...