Iraqi News

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Oil prices fell amid expectations of a ceasefire in Ukraine.

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Oil prices slipped on Thursday as growing expectations of a potential ceasefire deal between Ukraine and Russia raised the possibility that Western sanctions on...

A major security alert was issued following an attack on the...

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A source in Sulaimaniyah said on Thursday that the Kor Mor gas field, east of the governorate, is now on full alert after being...

Smart Renewable Energy Solutions Discussed for Baghdad

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Baghdad officials held an important meeting to look at how smart technology can help manage renewable energy across the city, especially in districts and...

Al-Rasheed Bank announces the possibility of withdrawing funds and cashing checks...

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Al-Rasheed Bank shared an important update today, Thursday. The bank announced that customers can now withdraw their money or cash their checks from any...

Uzbekistan and Iraq Initiative to Boost Trade

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Uzbekistan and Iraq are moving into a new stage of commercial and economic cooperation after a round of important business meetings in Baghdad and...

The Central Bank on the decision to include celebrities in “money...

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The Central Bank of Iraq said on Wednesday that labeling social media celebrities and influencers as “high-risk” clients is meant to protect the country’s...

Iraq intervenes to pay delayed wages at Lukoil-operated West Qurna-2

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Iraq has stepped in to pay the salaries of workers at the West Qurna-2 oilfield, operated by Russia’s Lukoil, after US sanctions made it...

Savaya in Iraq: A conflict between national sovereignty and the interests...

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US President Donald Trump has sent his Iraqi-born envoy, Mark Savaya, to Baghdad to look after American interests and try to influence the political...

Integrity Commission Denies Disappearance of $1.9bn

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Iraq’s Federal Integrity Commission has officially shut down the rumors about the “missing” IQD 2.5 trillion from the Social Protection Fund — and the...

Oil prices stabilize after peace talks in Ukraine

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Oil prices held steady on Wednesday after dropping to their lowest level in a month the day before. The market is calming a bit...

Iraqi Payments Council Reviews e-Payments Adoption

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The Central Bank of Iraq (CBI) recently led a meeting of the Iraqi Payments Council to check on how well electronic payment systems are...

An economist reveals the reason for the decline in the dinar’s...

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Economic expert Manar Al-Obaidi said on Tuesday that the recent drop in the Iraqi dinar’s value on the parallel market has nothing to do...

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Iraqi News

Iraqi oil exports to US slide to 83,000 bpd

Iraqi oil exports to US slide to 83,000 bpd

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Iraq’s crude oil exports to the United States dropped sharply over the past week. According to new data from the U.S. Energy Information Administration, Iraqi...
Economist: Solving the dollar exchange rate crisis requires restoring balance between supply and demand.

Economist: Solving the dollar exchange rate crisis requires restoring balance between supply and demand.

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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

Agri-Food Programme Highlights Pathways to Investment in Iraq

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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

CBI Caps Interest Rate for Solar Energy Financing Initiative

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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 crude continues to rise amid escalating geopolitical tensions.

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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,...