Basra crude rises to $83 a barrel
Iraq’s crude oil prices ended the week higher, recording strong gains alongside rising global oil markets.
Basra Heavy crude climbed to $79.89 per barrel, up...
Gold climbs past 1M IQD in Baghdad and Erbil
Gold prices remained near the one million IQD mark per mithqal in Baghdad and Erbil on Saturday, according to local market data.
In Baghdad’s well-known...
Gold stabilizes and heads for new weekly gains
Gold prices were largely unchanged on Friday, but the precious metal is still on track to record its third consecutive weekly gain.
The rally has...
Oil is on track for its second weekly gain amid continued...
Oil prices remained mostly steady on Friday, but they are still on track to post gains for a second consecutive week as concerns over...
Musk warns of the consequences of US debt reaching $50 trillion
Elon Musk has voiced concern about the growing U.S. national debt, agreeing with a prediction that the situation could become very serious if the...
Rafidain Bank to Offer Loans for Bismayah Apartment Contractors
A major step has been taken to resolve the long-delayed loan issue for contractors working on residential units in the Bismayah housing project.
The National...
Al-Fares Supplies Maysan with Water Purification Plant
Al-Fares General Company, which operates under Iraq’s Ministry of Industry and Minerals, has supplied the Maysan Water Directorate with a complete water filtration and...
New Loan Under Discussion for Iraq Electricity Infrastructure
Iraq and the World Bank have discussed plans for a new loan aimed at supporting the country’s electricity sector.
The talks took place during a...
Italian Companies Invited to Join Iraq’s Development Driv
Iraq is looking to strengthen its economic relationship with Italy and expand cooperation with countries across the European Union.
Prime Minister Ali al-Zaidi met with...
For the third day, releases from the Mosul Dam remain stable...
Sources said on Thursday that water releases from Mosul Dam into the Tigris River have remained steady at 950 cubic meters per second for...
The State of Law coalition maintains its position: no changes to...
Salah Boushi, a member of the State of Law Coalition, said completing the Iraqi cabinet remains an important political and government priority. He stressed...
Dollar falls against dinar in Baghdad and Erbil
The US dollar weakened against the Iraqi dinar on Wednesday, with exchange rates staying close to 154,000 dinars for every $100 in both Baghdad...
Iraqi News
Illegal Currency Network Dismantled as Dinar Weakens
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
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 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
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
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...