Dollar exchange rate against the Iraqi dinar remained stable during the...
The US dollar exchange rate in Baghdad stayed mostly unchanged on Sunday, as official trading was paused for the Eid al-Fitr holiday.Even with the...
Al-Shammari: Oil exports have completely stopped and the government has failed...
MP Mahmoud al-Shammari warned that Iraq could be heading toward a serious economic crisis as oil exports have come to a complete stop.He said...
Italy makes “Significant Contribution” to Refugees in Iraq
Italy is increasing its support for refugees in Iraq with a new contribution.The funding, provided through the Italian Agency for Development Cooperation, will help...
Abdul Hadi: There are no Kurdish indications of a decision regarding...
Coordination Framework member Uday Abdul Hadi says there’s still no progress on choosing a new president.He explained that Kurdish parties haven’t shown any positive...
Al-Saadi: The development path will secure at least half a million...
Former MP Baqir al-Saadi says the Development Road project could create at least 500,000 jobs as it moves forward.He explained that the project hasn’t...
USD/IQD trading halts in Baghdad and Erbil for Eid al-Fitr
The US dollar didn’t have an official rate in Iraq on Saturday because markets were closed for Eid al-Fitr.Even though trading stopped, some exchange...
The war on Iran is causing a global airline stock market...
Airline stocks are taking a big hit right now.Around the world, airline companies have lost about $53 billion in market value as investors rush...
The US administration is withdrawing the first batch from its strategic...
The United States has started releasing oil from its Strategic Petroleum Reserve (SPR) to ease rising energy prices.Here’s what’s happening:The U.S. Department of Energy...
The International Energy Agency recommends working from home to ease pressure...
Iraq is moving ahead with a new project to build facilities for justice-related departments in Mosul, on the west bank of the Tigris River.The...
Iraq issues Media Restrictions on Security Incidents
The Ministry of Interior has put out new rules about sharing information during security incidents.The message is clear: don’t post or spread sensitive details.Officials...
Oil prices fell amid international moves to ensure supply security and...
Oil prices pulled back slightly on Friday, but the bigger picture is still tense.Here’s what’s going on in simple terms:Prices dropped a bit because...
The dollar fell weekly as interest rate expectations shifted due to...
The US dollar pulled back this week after hitting its highest levels in months, as investors started rethinking where interest rates are heading. Rising...
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...