Iraqi News

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Iraq Stock Exchange Posts Booming Stats for 2025

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The Iraqi Securities Commission (ISC) has released its 2025 performance indicators for the Iraq Stock Exchange (ISX), showing continued market development and a shift...

Oil prices rise after Trump backs down on imposing sanctions on...

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Oil prices edged higher on Thursday after U.S. President Donald Trump stepped back from a threat to impose tariffs on Greenland, easing trade tensions...

Meeting Reviews Tourism Investment Projects Along Tigris River

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Iraq’s National Investment Commission (NIC) has held a coordination meeting to advance plans for tourism investment projects along the banks of the Tigris River. The...

Cabinet Approves Water Treatment Units, Faw Port Contracts

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Iraq’s Council of Ministers has approved new decisions focused on water security in Basra and moving forward with the first phase of the Grand...

Iraqi Brokers Registered on Abu Dhabi Securities Exchange

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Two Iraqi brokerage firms have been officially registered as remote foreign brokers on the Abu Dhabi Securities Exchange (ADX), marking a step forward in...

Iraq Completes its Longest Horizontal Oil Well

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Iraq has completed the longest horizontal oil well ever drilled in the country at the East Baghdad oil field (southern area), marking a major...

Parliament Reviews Water Crisis and Drought Challenges

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The Iraqi Parliament convened a special session to discuss the country’s worsening water crisis and drought, with the participation of the Minister of Water...

ISX reports around $1.2M in weekly trading

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The Iraq Stock Exchange (ISX) recorded trading activity exceeding 1.7 billion Iraqi dinars (approximately $1.14 million) last week, representing a 69% decline in trading...

60 billion dinars are owed by Korek… MP challenges the Media...

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MP Haider Al-Mutairi revealed that Korek Telecom owes the Iraqi state substantial sums of money, calling on the government to take serious legal action...

The Yekti party opens a window of agreement with the party...

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Burhan Sheikh Raouf, a senior figure in the Patriotic Union of Kurdistan (PUK), said on Tuesday that the party remains open to dialogue with...

Gas Production Increased at Halfaya

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The Missan Oil Company has raised the amount of gas it processes from the Halfaya oil field, with the Halfaya Gas Receiving Station now...

Oil prices rose, supported by Chinese economic growth and a weaker...

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Oil prices moved higher on Tuesday after fresh economic data from China came in stronger than expected, giving markets hope that global demand for...

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Iraqi News

Parliamentary movement to draft an "economic" budget based on diversifying sources of income

Parliamentary movement to draft an “economic” budget based on diversifying sources of income

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MP Mona al-Obeidi said on Thursday that Parliament is moving seriously toward drafting a new budget built on a clear economic vision, one that...
Why were salaries delayed? The government's financial advisor explains the reasons.

Why were salaries delayed? The government’s financial advisor explains the reasons.

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A senior financial official has moved to reassure state employees, saying there is no shortage of money and that January salaries are fully secured. Mazhar...
Al-Surji: We are optimistic about winning the presidency despite the Democrats' pursuit of everything.

Al-Surji: We are optimistic about winning the presidency despite the Democrats’ pursuit of everything.

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Baghdad – Patriotic Union of Kurdistan (PUK) member Ghiath al-Surji affirmed that his party maintains strong relations with the Coordination Framework and expressed optimism...
Review of Operational Plan for Development Road Project

Review of Operational Plan for Development Road Project

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Baghdad – Officials reviewed the operational plan for Iraq’s strategic Development Road project, alongside updates on engineering designs and economic feasibility, during a high-level...
SOMO Director: We are open to contracting with refinery owners and working to extend the agreement with the region.

SOMO Director: We are open to contracting with refinery owners and working to extend...

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Baghdad – Iraq’s State Oil Marketing Organization (SOMO) confirmed its openness to contracting with refinery owners worldwide, while stressing that all parties are working...