CBI’s sales surpass the $200 mn threshold
On Wednesday, sales in the Central Bank of Iraq's (CBI) currency auction exceeded $213 million.Our reporter reports that CBI sold $213,533,518 during its auction...
Within a week, $896 million was transferred from the Iraqi Central...
Last week, the Central Bank of Iraq sold more than $1 billion in hard cash to the US dollar.According to a correspondent, the Central...
Oil Production Increases at Nasiriyah and Saba Fields
The Iraqi Ministry of Oil has announced that crude oil manufacturing at the Nasiriyah and Saba fields has been raised to a combined...
Former MP: The government faces two paths: borrowing or raising the...
Former member of the Parliamentary Finance Committee, Abdul Hadi Mouhan, said the new Iraqi government is facing two difficult financial choices as it tries...
Four banks account for more than 50% of the size of...
According to the Future Iraq Foundation for Economic Studies and Consultations, four private-sector banks now account for more than half of Iraq's banking industry.According...
Daham is referring to repaying the debt… We are not seeking...
Mohammed Daham, a member of the Azm Alliance, says the alliance is not asking for anything beyond what it believes it earned through elections...
Oil Ministry Completes Rehabilitation of Gas Pipeline
Iraq's Service of Oil has reported that the Oil Pipelines Organization has finished the main period of restoring the 12-inch dry gas pipeline from...
Diyala Council: Obtaining the green light to reconsider the summer agricultural...
Diyala Council announced on Tuesday that it received official approval from the Ministry of Agriculture to review and expand the summer agricultural plan across...
Al-Nahrain Bank provides POS devices to state institutions and the private...
In collaboration with the smart card firm, Al-Nahrain State Islamic Bank agreed on Tuesday to offer electronic payment devices (pos) to state institutions and...
Parliamentary Oil: The government is proceeding with the decision to raise...
Kazem Al-Touki, who is a member of the Parliamentary Oil, Gas, and Natural Resources Committee, said today, Thursday, that the government will keep making...
Iraq ranks 93rd globally and ninth in the Arab world for...
Iraq positioned 93rd universally and ninth in the Middle Easterner world in the best nations for venture or carrying on with work for the...
Dinar climbs against dollar in Baghdad and Erbil markets
In the markets in Baghdad and Erbil on Saturday, the Iraqi dinar marginally strengthened against the US dollar.As a result of the major Al-Kifah...
Iraqi News
World Bank to fund $900 million initiative to upgrade roads in Iraq
The World Bank has announced its support for a major $900 million project aimed at improving Iraq's road infrastructure and transportation network.According to the...
Brent crude touches $98 as supply concerns persist
Oil prices remained stable in global markets on Sunday, ending the week near their recent highs as investors continued to monitor political and security...
The parliamentary finance committee rules out the approval of the 2026 budget and provides...
The Finance Committee in the Iraqi Parliament has indicated that the 2026 federal budget is unlikely to be approved, with attention now shifting toward...
Iraq prints 25T dinars after oil revenues collapse
Iraq has printed 25 trillion dinars, worth roughly $19 billion, to help deal with growing financial pressure caused by declining oil revenues, according to...
Basra crude oil posted weekly gains as global markets declined.
Basra crude oil posted strong weekly gains despite ending the week with losses in the final trading session, as global oil markets experienced a...