UAE regulators fine Rafidain Bank’s Abu Dhabi branch amid compliance concerns
Sources say the UAE Central Bank has hit the Abu Dhabi branch of Iraq’s state-owned Rafidain Bank with heavy fines after uncovering financial and...
One minute, $470K: Costly bureaucracy drains Iraq’s budget
Iraq is spending huge amounts of money on a government system that isn’t producing real results, an economic expert warned on Saturday.
Khalid al-Jabri, head...
Former MP: The US administration is looking for a government that...
Former MP Hassan Fad’am said on Sunday that the United States is mainly focused on forming an Iraqi government that protects its own interests...
Iraq pours $4B+ into electricity as renewables lag
Iraq has spent around $4.3 billion on electricity production so far in 2025, but clean energy still plays only a very small role. According...
Basrah crude slips as OPEC prices fall in November
Iraq’s Basrah Medium crude got cheaper in November. According to OPEC, the price fell to $63.86 a barrel, down $1.18 from October.
OPEC’s latest monthly...
MP: The next parliament is required to activate its oversight role...
MP Hamid Al-Shablawi said on Saturday that activating Parliament’s oversight role is critical, stressing that strong parliamentary supervision is the main way to stop...
Al-Hashemi’s analysis: Iraq is nearing a sharp decline in oil prices,...
International transport consultant Ziad Al-Hashemi has warned that oil prices are likely to keep falling in the coming period. He said global reports from...
National Disability Inclusion Strategy for Children and Young People
Iraq has taken an important step toward inclusion by launching the National Disability Inclusion Strategy for Children and Young People 2026–2030. The announcement was...
Al-Salami settles the debate: Maritime zone maps will be deposited with...
Iraqi MP Haider Al-Salami on Friday ended speculation surrounding the newly submitted maps defining the Iraqi–Kuwaiti maritime areas, affirming that the documents unequivocally safeguard...
The dollar is heading for its third consecutive weekly decline.
The U.S. dollar is on track for its third straight weekly decline, weighed down by expectations that the Federal Reserve may cut interest rates...
Iraq, SpaceX discuss Approval for Satellite Internet Licences
SpaceX’s Starlink is getting closer to officially entering the Iraqi market, as the government prepares to finalise satellite-internet licences — including one for the...
Oil prices rise due to tensions between the US and Venezuela.
Oil prices inched higher on Friday after news broke that the United States may seize more Venezuelan oil tankers. This raised fresh concerns about...
Iraqi News
Economist: Solving the dollar exchange rate crisis requires restoring balance between supply and demand.
Economic expert Manar al-Ubaidi says that for most Iraqis today, the dollar exchange rate has become the main way they judge the economy.
The reason,...
Agri-Food Programme Highlights Pathways to Investment in Iraq
An EU-backed programme focused on Iraq’s agri-food sector is starting to show real progress — and officials say it could open the door to...
CBI Caps Interest Rate for Solar Energy Financing Initiative
The Central Bank of Iraq has taken a new step to push people toward solar energy.
According to officials, the bank has set the interest...
Basra crude continues to rise amid escalating geopolitical tensions.
Basra Heavy and Basra Medium crude oil finished last week on a strong note, posting solid price gains.
By the close of trading on Friday,...
Integrity Commission: More than (3) million dollars recovered from Baghdad Municipality funds
The Federal Integrity Commission has announced a major win for Iraq.
More than three million dollars in stolen money has been recovered. The money belonged...