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...