Exchange companies are back operating and demand will decrease – an...
On Thursday, Economist Manar Al-Obaidi stated that the recent decision by the central bank to allow banks and exchange companies to sell the dollar...
Baghdad seeks solution to resume oil exports through Ceyhan
On Wednesday, the Iraqi Prime Minister, Mohammed Shia Al-Sudani, expressed the government's readiness to find a solution to resume oil exports through the Turkish...
Global oil prices fall 1% with the postponement of the OPEC+...
After announcing the postponement of the OPEC+ ministerial meeting to November 30, oil prices dropped by over a dollar.
The price of Brent crude fell...
Iraq ranks 8th among the countries that import most American rice...
Although the USA produces less than 2% of the world's rice, it exports around 5% of the global rice exports, making it the fifth...
OPEC Plus postpones its meeting until the end of this month
The Organization of Petroleum Exporting Countries (OPEC) announced on Wednesday the postponement of the OPEC+ ministerial meeting until the end of this month.
The meeting...
Italy’s Sicim SPA enters into $619 million contract in Iraq
According to a statement released on Tuesday, the Iraqi cabinet approved a contract worth $619 million with Sicim SPA, an Italian company, to construct...
A parliamentary committee confirms the solution to the technical problems surrounding...
Kazem Al-Touki, a Parliamentary Oil, Gas, and Natural Resources Committee member, stated on Wednesday that all the technical issues concerning the oil and gas...
Germany working on Financial Inclusion in Iraq
Germany's Gesellschaft für Internationale Zusammenarbeit (GIZ) has partnered with the Iraqi Private Banks League (IPBL) to promote more inclusive financial services.
"We can make a...
Oil announces the launch of Iraqi-Turkish discussions in Baghdad to enhance...
On Wednesday, the Iraqi Ministry of Oil announced discussions in the oil and energy sector with Turkey began in Baghdad.
The Deputy Prime Minister for...
CBI, ILO celebrate success of Financial Inclusion Initiative for MSMEs
The Central Bank of Iraq (CBI) and the International Labor Organization (ILO) celebrated significant milestones in their project in Baghdad.
According to a statement released...
To expand the scope of banks supported by the Central Bank…the...
On Tuesday, the Federation of Chambers of Commerce announced the expansion of banks supported by the Central Bank. Fifteen banks now deal in Chinese...
Iraq Prepares Plans to Process Imported Gas at Al Faw
Iraqi Prime Minister Mohammed Shiaa Al-Sudani chaired a meeting on Monday to discuss building a gas processing platform in Al-Faw Port for imported gas.
The...