Iraq leads Arab countries in oil pipeline development: Report
Iraq has arisen as the top Bedouin country in oil pipeline advancement, as per information from the Worldwide Energy Screen stage as of May...
USD/IQD exchange rate surge in Baghdad, Erbil
The conversion scale of the US dollar rose, on Tuesday, in the business sectors of Baghdad and Erbil, corresponding with the launch of the...
Iraq’s Oil Marketing Organization announces new Director General
Iraq's state Oil marketing employer (SOMO) has announced Ali Nizar Fayeq al-Shatari as its next Director general.He succeeds Khudhyer Abbas Abed, who has held...
Central Bank Governor: We will not reduce the dollar exchange rate...
Individual from the Parliamentary Money Panel, Ikhlas Al Dulaimi, affirmed that the Legislative head of the National Bank, Ali Al Alaq, affirmed that "there...
CBI auctions +$279 M. in forex on Monday
During its currency auction on Monday, the Central Bank of Iraq (CBI) sold more than $279 million.CBI sold $279,811,934 at a rate of 1,305...
Al-Sudani announces the launch of the five-year national development plan
During a ceremony held today, Saturday, by the Ministry of Planning in collaboration with Iraq's development partners, Prime Minister Mohammed Shia Al-Sudani launched the...
Parliamentary Finance: The 2024 budget will include new appointments
Mustafa Al-Karaawi, a member of the Parliamentary Finance Committee, said that additional positions are included in the government budget for the current year, 2024.After...
“The schedules will reach us within 10 days.” Parliament Finance: The...
The Parliamentary Finance Committee made the arrival date and total of the budget schedules public today, Sunday.Advisory group part, Moeen Al-Kazemi, said in a...
CBI reports over 1$ billion in weekly hard currency sales
The National Bank of Iraq (CBI) sold more than one billion US dollars in hard cash in the previous week.As per a report, CBI...
Prime Minister: The Central Bank has contracted with Oliver Wyman to...
The Central Bank has contracted with Oliver Wyman Company with the intention of developing the banking and financial sector, Prime Minister Mohammed Shia al-Sudani...
Electricity issues a set of directives to improve energy in Baghdad
Ziad Ali Fadhil, the Minister of Electricity, issued a set of instructions on Thursday to improve the quality of electricity service in Baghdad neighborhoods."Fadel...
An economist identifies the factors for achieving self-sufficiency in gasoline
On Tuesday, monetary master Safwan Qusay distinguished the most unmistakable elements that add to accomplishing independence in gas fuel and guaranteeing that there is...
Iraqi News
Kurdish opposition figure: The region’s finance ministry stole 5 trillion dinars allocated for job...
Independent Kurdish politician Saman Ali has made serious allegations against the Kurdistan Regional Government’s finance ministry, claiming more than 5 trillion dinars meant for...
Iraqi oil prices fall by 2%… Basra crude records $112
Iraqi oil prices moved lower on Wednesday, falling more than 2% as global energy markets weakened.Basra Heavy crude dropped $1.13 to $112.50 per barrel,...
Al-Kadhimi: Halting dollar shipments is American blackmail that infringes on Iraq’s sovereignty.
Former parliamentary finance committee member Mu'in al-Kadhimi criticized reports that the US halted dollar shipments to Iraq, calling the move “political blackmail” and interference...
1.6m bpd Kirkuk Export Pipeline Set for Relaunch
Iraq’s Ministry of Oil says exports through the Kirkuk-Fishkhabour-Turkey pipeline could resume soon, starting with limited volumes.The pipeline has a capacity of 1.6 million...
DNO issues Update on Production
Norwegian energy company DNO has given an update on its operations in Iraq’s Kurdistan region, saying it is preparing to ramp production back up...