Settlements in dollars are prohibited, and electronic payment will raise the...
Mazhar Muhammad Saleh, the Advisor to the Prime Minister for Economic and Financial Affairs, announced on Monday that the implementation of the electronic payment...
Al-Alaq denies the existence of a scarcity of dinar stocks
On Monday, the Governor of the Central Bank of Iraq, Ali Al-Alaq, refuted claims of a shortage in the stock of the Iraqi dinar....
Central Bank: US Treasury restrictions are still imposed on Iraqi banks
On Monday, Ahmed Barihi, a Central Bank board member, confirmed that the US Treasury's political restrictions on Iraqi banks would continue.
Brehi has stated in...
Saudi Arabia is considering establishing the first free economic zone with...
The Saudi Minister of Investment, Khalid Al-Falih, announced that Saudi Arabia is considering establishing the first free economic zone with Iraq in the border...
Brent crude falls below $80 per barrel ahead of the OPEC+...
Oil prices fell in early Monday trading as Brent crude dropped below $80 a barrel. The price dip is attributed to investors awaiting the...
$1m Consultancy Contract for Iraq-Saudi Electricity Link
The Iraqi Cabinet has approved the Iraq-Saudi Electricity Link recommendation (No. 23091 for 2023) by the Energy Ministerial Council.
The Prime Minister's Media Office issued...
Al-Fateh: We have strong economic factors to move towards countries other...
Ahmed Al-Musawi, the representative of the Al-Fatah Alliance, stated on Monday that Iraq possesses several economic strengths that enable it to collaborate with other...
Baghdad approves Nahr Bin Omar gas field development project
The Iraqi cabinet approved a vital project that will aid in developing the country's natural gas sector. The project involves the development of the...
Low oil prices are hitting most of the region’s markets
Most Gulf stock markets closed lower on Sunday due to Friday's oil price decline.
On Friday, the Gulf region's financial markets saw a decline in...
Finance sets the date for issuing the second issuance of reconstruction...
On Sunday, the Ministry of Finance announced the second round of reconstruction bonds will be offered on Tuesday and clarified the details.
The Ministry has...
Economists criticize the Central Bank’s policy and determine the level at...
On Saturday, economic experts criticized the financial policy of the Central Bank of Iraq. While they expected the dollar to stabilize, their opinions differed...
Iraqi News
To reduce speculation, a Sudanese advisor reveals a new monetary strategy.
the high Minister's monetary marketing consultant, Mazhar Mohammed Saleh, found out a brand new monetary strategy Sunday evening that seeks to reduce hypothesis.
Saleh stated...
Iraq Advances Gas Pipeline Project to Support Power Plants
Iraq's Ministry of Oil is progressing with the implementation of a dry gas pipeline to support strength technology, following directives from Deputy high Minister...
Rafidain Bank: Record growth in electronic collection settlements for government departments’ accounts.
The authorities sales series branch at Rafidain financial institution introduced nowadays, Sunday, an exceptional boom in electronic series settlements for government departments' bills all...
Iraq Accelerates Smart Solar Energy Project Implementation
prime Minister Mohammed S. Al-Sudani chaired a excessive-degree meeting on Sunday to enhance the clever solar energy mission, with participation from the Minister of...
Iraq, India push for stronger trade, investment links
prime Minister Mohammed Shia Al-Sudani met on Sunday with Soumen Bagchi, the newly appointed Indian Ambassador to Iraq, to discuss increasing bilateral members of...