In pictures: Temporary opening of Iraq’s longest bridge
Iraq’s Ministry of Construction and Housing has announced the temporary opening of the Hamrin Lake Bridge in Diyala to traffic.The move is meant to...
USD/IQD exchange rates climb in Baghdad and Erbil
The US dollar opened higher in Iraq on Tuesday, rising in early trading across key markets.In Baghdad, rates at the main exchanges, including Al-Kifah...
The Ministry of Finance denies canceling contracts for 150,000 job positions.
Iraq’s Ministry of Finance has denied reports claiming that 150,000 three-year budget contracts have been cancelled.In a statement, the ministry said the news is...
Iraqi oil prices have fallen significantly, in line with the global...
Iraqi oil prices dropped on Tuesday, following the wider decline in global energy markets.Both Basra Medium and Basra Heavy crude saw noticeable losses, as...
Iraq’s $9.5B fiscal gap: Government triggers emergency borrowing plan
Iraq is facing a serious cash shortage, with a funding gap estimated between $8.5 billion and $9.5 billion.The problem has built up between March...
Iraq between financial constraints and energy dominance… calls to rebuild economic...
Iraq’s economy is facing growing challenges, especially when it comes to managing its money and reducing reliance on outside partners.Experts say one of the...
Economic: This month’s salaries are secured, and solutions are in place...
Economic expert Dr. Safwan Qusay says salaries for this month are secure and will be paid using revenues collected earlier this year.He explained that...
Contract Awarded for Rainwater Harvesting System
Gaith Al-Meshreq has secured a contract with the United Nations Development Programme (UNDP) to build a sustainable rainwater harvesting system.The project will focus on...
Currency printing in Iraq: Between financial need and economic risks to...
Concerns are growing among Iraqi economists over the idea of printing more money without strong backing from reserves like dollars or gold.Experts say this...
Parliamentary Finance Committee: The government will determine the amounts for the...
MP Basim al-Gharabi said the Ministry of Finance is now working on setting the funding levels for the proposed Emergency Support Law.He explained that...
Oil prices suffered sharp losses as markets closed.
Oil prices dropped sharply on Sunday as global markets reacted to changing conditions.Brent crude settled at around $90.38 per barrel, down more than 9%....
Iran’s top commander Esmail Qaani visits Iraq
Iranian commander Esmail Qaani arrived in Baghdad on Saturday for talks with Iraqi political leaders and armed groups, according to a senior official.His visit...
Iraqi News
Iraqi oil prices plummet amid global stock market turmoil
Iraqi oil prices saw a sharp decline on Wednesday, with both Basra Heavy and Basra Medium crude recording major losses alongside a broader drop...
Iraq Banking Sector Reform: Second Phase Under Way
The Central Bank of Iraq confirmed that its banking sector reform program is continuing as Iraqi banks move through the second phase of the...
A legal expert explains the feasibility of moving towards a new salary scale for...
Legal expert Ali al-Tamimi explained the main legal and financial challenges facing the proposed new salary scale for Iraqi employees, saying the issue is...
Al-Shabaki: We collected parliamentary signatures within the parliament to legislate the Popular Mobilization Forces...
Iraqi MP Qusay al-Shabaki said signatures have been collected inside Parliament to move forward with introducing and approving the Popular Mobilization Forces (PMF) service...
State of law: Oil and financial disputes may be postponed until after the vote...
Imran Karkoush revealed on Tuesday that major disagreements still exist among Iraq’s political blocs over the distribution of ministerial positions in the upcoming government.Speaking...