Iraq-Czech Business Council Proposed to Boost Trade

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Iraq and the Czech Republic are working to strengthen economic and trade cooperation following discussions between officials from Iraq's Ministry of Trade and representatives...

After reserves fell to $77.5 billion, a congressman warned of a...

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MP Mahmoud al-Shammari has warned that Iraq could face a significant financial challenge if current economic conditions persist, pointing to declining foreign currency reserves...

Reconstruction and Development: Agreement between the framework and the government to...

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A parliamentary source from the Reconstruction and Development Bloc said a final agreement has reportedly been reached between the Coordination Framework and the Iraqi...

Iraqi oil continues to flow through the Strait of Hormuz to...

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Shipping data indicates that Iraqi oil exports continue to move normally through regional maritime routes despite ongoing concerns about navigation in the Gulf. According to...

Minister meets with Shanghai Electric re Power Projects

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Iraq's Ministry of Electricity has reviewed progress on major combined-cycle power generation projects being developed in four central provinces: Najaf, Karbala, Diwaniyah, and Babil. During...

A slight decrease in the dollar exchange rate in Baghdad and...

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The Iraqi dinar strengthened slightly against the U.S. dollar on Sunday as exchange rates declined in both Baghdad and Erbil compared with the previous...

Nineveh Provincial Council denies concerns about Mosul Dam: It is in...

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Iraq’s Nineveh Provincial Council has dismissed recent rumors questioning the safety of the Mosul Dam, stressing that the facility remains stable and is operating...

An economist explains the government’s options for securing funding.

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Iraqi economic expert Safwan Qusay says the government is exploring several options to manage expenses and ease financial pressure as lower oil exports continue...

Iran announces deposit of $7.5 billion in oil revenues into the...

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Iran’s Central Bank announced that the Ministry of Oil has deposited $7.5 billion into its official account, representing revenue from oil exports and foreign-currency...

Iraq “Records $16bn Budget Deficit in 1H 2026”

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Iraq recorded a budget deficit of more than 21 trillion Iraqi dinars, or roughly $16 billion, during the first half of 2026, according to...

Sanctions Reshape Economic Model of Iraq’s Armed Groups

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Growing US pressure on the financial networks of armed groups in Iraq is not necessarily reducing their influence. Instead, many analysts believe these measures...

The Popular Mobilization Forces laws are on the doorstep of Parliament…...

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The debate over laws related to Iraq’s Popular Mobilization Forces (PMF) has entered a new stage, with renewed efforts to move long-delayed legislation forward...

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Iraqi News

Illegal Currency Network Dismantled as Dinar Weakens

Illegal Currency Network Dismantled as Dinar Weakens

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Iraqi authorities have dismantled an illegal currency exchange and money transfer network in Baghdad, arresting five suspects and seizing $240,000 in cash. According to the...
Oil Sector Talks for Iraqi PM in New York

Oil Sector Talks for Iraqi PM in New York

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Iraqi Prime Minister Ali Al-Zaidi held separate meetings in New York with representatives from U.S. oil companies HKN Energy and ExxonMobil to discuss investment...
The dollar is below 157,000 dinars in Baghdad and Erbil.

The dollar is below 157,000 dinars in Baghdad and Erbil.

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The US dollar continued to fall in Iraq's currency markets on Thursday, extending the downward trend that has been seen since the start of...
Al-Marsoumi: 23,000 employees in the Ministry of Electricity without certificates

Al-Marsoumi: 23,000 employees in the Ministry of Electricity without certificates

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Economic expert Nabil Al-Marsoumi has shared new figures highlighting the educational levels of some government employees in Iraq, based on data from the latest...
Foreigners' wages exceed those of Iraqis: Parliamentary committee reveals salary gap in oil projects

Foreigners’ wages exceed those of Iraqis: Parliamentary committee reveals salary gap in oil projects

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Iraq's Parliamentary Committee on Oil, Gas, and Natural Resources has raised concerns about the large gap between the salaries of Iraqi workers and foreign...