Experts warn of the risks of lifting the Federal Reserve’s protection on Iraqi funds.
Economic experts have warned against canceling Iraq’s account at the U.S. Federal Reserve and lifting the current protection on the country’s oil revenues without…
Iraqi News & Economy Updates – Page 14
Latest Iraqi News posts
Al-Ubaidi: The decline in oil prices threatens spending, investment, and job opportunities in Iraq.
Economic expert Manar al-Obeidi has warned about the consequences of forecasts showing a 6.8% contraction in Iraq’s economy during 2026, stressing that the impact…
An economist explains the extent to which cash liquidity can be withdrawn from citizens.
Economic expert Dr. Safwan Qusay has outlined a proposal aimed at reducing the large amount of cash held outside Iraq’s banking system and encouraging…
Al-Halafi: Including the regularization of contracts and daily wages in the 2027 budget
MP Sumaya al-Halfi of the National State Forces confirmed on Sunday that official efforts are moving forward to regularize the status of contract employees…
Dollar prices stabilize in Baghdad and decrease in Erbil
The exchange rate of the U.S. dollar against the Iraqi dinar remained stable in Baghdad on Sunday evening, while Erbil recorded a slight decline…
Integrity Commission: Stopping the sale of two properties with an area of (186) dunams at prices lower than prevailing rates in Anbar
Iraq’s Integrity Commission has announced the suspension of the sale of two state-owned properties in Anbar Province after uncovering serious irregularities that could have…
Al-Nasiri reveals a corruption case involving “surveyors” in the Nasiriyah municipality
A member of Iraq’s State of Law Coalition, Bilal al-Nasiri, has revealed details of a major corruption investigation involving employees of the Nasiriyah Municipality…
US dollar reaches 157,000 IQD in Baghdad and Basra on Sunday
The U.S. dollar continued to rise in Iraq’s parallel market on Sunday, reaching its highest levels in the country’s major trading centers as demand…
Iraq unveils solar-powered green taxi initiative to drive EV transition
Iraq is moving forward with plans to introduce electric vehicles through a new pilot project called the Green Taxi Initiative, a joint effort between…
Iraq sign 25-year deal with KEPPT to develop Ajil oil and gas field
Iraqi Prime Minister Ali Faleh Al-Zaidi attended the official signing of a 25-year agreement to develop and operate the Ajil oil field. The deal…
Ministry of Planning: We have completed the first draft of the investment framework for the 2027 budget.
Iraq’s Ministry of Planning announced that it has completed the first draft of the investment framework for the 2027 budget. The ministry said the…
Basra Airport settles the debate: No closure, flights continue as normal.
An informed source has denied reports claiming that Basra International Airport has been closed or that air traffic has been suspended, confirming that airport…
Al-Baiji denies that Iran imposes taxes or fees on Iraqi oil
Deputy Head of the Reconstruction and Development Parliamentary Bloc, Mansour al-Baiji, has denied reports claiming that Iran has imposed taxes or fees on Iraqi…
Crisis expert: The state needs a genuine review of its financial management system.
Crisis expert Ali al-Fariji has called on the Iraqi government to reassess the country's financial management system to prevent recurring salary payment crises and…
Dollar rises in Baghdad, Erbil markets
The US dollar opened higher in Iraq on Saturday, trading near 156,000 Iraqi dinars per 100 dollars. According to a market survey, the dollar…
Water Deal with Turkey to Include Oil Exports up to 33,000 bpd
Iraq's Council of Ministers has approved an amendment allowing crude oil exports to Turkey of up to 33,000 barrels per day during the first…
Gold nears one-week low as the world awaits US inflation data.
Gold prices remained near a one-week low on Friday as investors focused on the possibility of higher U.S. interest rates and awaited the release…
Oil surpasses $100 a barrel amid escalating supply disruption concerns
Oil prices continued to rise on Friday and are on track to finish the week above $100 per barrel for the first time since…
Iraq and Kyrgyzstan seek land transport agreement
Iraq and Kyrgyzstan are moving forward with plans to strengthen transportation and trade cooperation, with Kyrgyzstan preparing a draft agreement covering both freight and…
The oil and gas law: delayed legislation continues to hinder the resolution of the oil wealth issue.
Iraq’s long-delayed oil and gas law remains one of the country’s most important unresolved legislative issues, despite years of discussions and repeated attempts to…
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