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Planning Ministry announces decline in annual inflation; food prices fall.

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Iraq’s Ministry of Planning announced on Saturday that the country’s annual inflation rate declined by 1.2% in December 2025 compared with the same period...

Gas Conversion of Iraqi Brick Factories Reviewed

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A meeting was held to review progress in converting brick factories to gas-based operations and to assess their production capacities in line with domestic...

Iraq moves to revive Hamrin oil field with US partner

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Northern Oil Company, HKN Energy Discuss Development of Hamrin Oil Field Iraq’s Northern Oil Company (NOC) held talks on Thursday with U.S.-based HKN Energy on...

ISX reports around $1.2M in weekly trading

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The Iraq Stock Exchange (ISX) recorded trading activity exceeding 1.7 billion Iraqi dinars (approximately $1.14 million) last week, representing a 69% decline in trading...

Germany Supporting Financial Reform in Iraq

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Discussions were held on launching the second phase of the Financial Reform Support Programme in Iraq during a meeting at the Ministry of Finance,...

Economic: The rise in the dollar exchange rate is one of...

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Economic researcher Diaa Abdul Karim said the recent rise in the U.S. dollar exchange rate on Iraq’s parallel market is among the direct consequences...

HKN discusses Hamrin Oil Field Development

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Discussions were held on the investment and development of the Hamrin oil field during a meeting at the headquarters of the North Oil Company...

Iraq discusses Economic Reforms and Development with World Bank

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Iraq’s Minister of Finance, Taif Sami Mohammed, held discussions with a World Bank delegation on advancing economic reforms and expanding support for development projects...

Salary cuts and the country’s thirst: Mismanagement puts pressure on both...

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As Iraq grapples with mounting economic pressures and increasing strain on public services, experts warn that the country’s financial spending crisis and water management...

Al-Sudani’s gamble on Al-Maliki appears to be paying off

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Iraqi Prime Minister Mohammed Shia Al-Sudani appears to have made a bold political gamble — and for now, it seems to be working in...

The Ministry of Culture announces a new date for disbursing grants...

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A source at the Ministry of Culture revealed on Tuesday that the long-awaited 2026 grant for journalists, writers, and artists will be paid within...

Fadlallah: Abu Ali al-Askari’s statement outlined the features of the next...

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Political analyst Ali Fadlallah said on Sunday that the recent statement issued by Abu Ali al-Askari, the security official of Kataib Hezbollah, presented what...

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Iraqi News

Parliamentary movement to draft an "economic" budget based on diversifying sources of income

Parliamentary movement to draft an “economic” budget based on diversifying sources of income

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MP Mona al-Obeidi said on Thursday that Parliament is moving seriously toward drafting a new budget built on a clear economic vision, one that...
Why were salaries delayed? The government's financial advisor explains the reasons.

Why were salaries delayed? The government’s financial advisor explains the reasons.

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A senior financial official has moved to reassure state employees, saying there is no shortage of money and that January salaries are fully secured. Mazhar...
Al-Surji: We are optimistic about winning the presidency despite the Democrats' pursuit of everything.

Al-Surji: We are optimistic about winning the presidency despite the Democrats’ pursuit of everything.

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Baghdad – Patriotic Union of Kurdistan (PUK) member Ghiath al-Surji affirmed that his party maintains strong relations with the Coordination Framework and expressed optimism...
Review of Operational Plan for Development Road Project

Review of Operational Plan for Development Road Project

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Baghdad – Officials reviewed the operational plan for Iraq’s strategic Development Road project, alongside updates on engineering designs and economic feasibility, during a high-level...
SOMO Director: We are open to contracting with refinery owners and working to extend the agreement with the region.

SOMO Director: We are open to contracting with refinery owners and working to extend...

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Baghdad – Iraq’s State Oil Marketing Organization (SOMO) confirmed its openness to contracting with refinery owners worldwide, while stressing that all parties are working...