Iraqi Govt Approves External Audit for Banking Reform Programme
Rasheed Bank has been given approval to hire Ernst & Young (EY) to carry out financial audits and oversight work.The decision was made during...
Parliamentary calls for the next government to end “Turkish blackmail” regarding...
MP Miqdad al-Khafaji has urged Iraq’s next government to treat the water crisis as a top priority, calling for stronger action to protect the...
Basra crude oil prices, both heavy and medium grades, rose by...
Prices of Basra crude oil moved higher on Tuesday, rising by more than 2% as global markets stayed volatile.Basra Heavy crude climbed by $2.48,...
Dollar exchange rates have decreased in Baghdad and Erbil.
The US dollar dropped slightly against the Iraqi dinar on Tuesday in both Baghdad and Erbil.In Baghdad, rates went down at the main currency...
Iraq and WFP Finalise Development Plan
Iraq’s Ministry of Planning is close to finalising a new five-year development plan, working together with the World Food Programme (WFP).The plan is now...
Dana Gas Resumes Production at Khor Mor Gas Field
Dana Gas has restarted production at the Khor Mor gas facility in Iraq’s Kurdistan region after facing disruptions in recent weeks.The company said operations...
Dana Gas restarts Khor Mor operations in Iraqi Kurdistan
Dana Gas has restarted production at the Khor Mor gas field in Iraq’s Kurdistan Region after a temporary slowdown بسبب التوترات في المنطقة.The UAE-based...
A member of the framework emphasizes the government’s awareness of the...
Salam Hussein, a member of the Coordination Framework, called on the Iraqi government to stay alert to what he described as US and Israeli...
Oil Ministry announces final statistics for exports and revenues for March
Iraq has shared its final oil export numbers for March—and the results are significant.The Ministry of Oil said the country exported over 18.6 million...
New Investment Plan Targets Infrastructure and Economic Growth
Iraq is planning a big push to grow its economy and create new opportunities.The National Investment Commission (NIC) has introduced a new strategy focused...
Iraqi Parliament Elects the new President
Iraq has a new president.Parliament voted on Saturday to elect Nizar Amidi as the country’s President. He is a member of the Patriotic Union...
Global energy markets rattled as oil tankers retreat from Hormuz following...
Tensions in the region just spiked again—and the reaction was immediate.Two massive oil tankers suddenly turned around at the entrance of the Strait of...
Iraqi News
An economic expert says Iraq is capable of securing salaries for six months.
Economic expert Safwan Qusay said Iraq is capable of securing employee salaries for the next six months starting from May 1, despite the current...
Parliamentary Finance Committee: Employee salaries are secured and a red line
MP Mudhar Al-Karawi said on Wednesday that Iraqi state employees’ salaries are fully secured and remain a “red line” that cannot be compromised, despite...
Mounis calls on political forces to overcome their bickering and quickly finalize the budget...
Hussein Mounis stressed on Wednesday that Iraq’s general budget law can no longer face delays, calling on political parties to put aside their disagreements...
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...