Electricity admits loss of 8 to 9 thousand megawatts
The Ministry of electricity revealed that the periodic maintenance work on some stations, and the shortage within the deliver of imported fuel, induced the...
Parliamentary committee moves to legislate ‘Baghdad Capital Law’
The Parliamentary Committee for areas and Governorates is advancing the long-delayed “Baghdad Capital regulation,” a legislative effort geared toward providing a clean criminal framework...
$480m Contract for Dora Thermal Power Plant
The Iraqi Council of Ministers has authorized the Ministry of electricity to award and sign an EPC settlement for the Dora Thermal power...
War fears drive oil prices higher; Brent crude surpasses $83.
Oil prices moved higher by the end of trading after new US data showed a drop in jobs, while concerns also grew over the...
Although it was scheduled a year ago.. MP: A large deficit...
Individual from the Money Council, MP Jamal Cougar, declared today, Sunday, that there is an enormous shortage in the 2024 spending plan, assessed at...
Iraqi oil prices plummet amid global stock market turmoil
Iraqi oil prices saw a sharp decline on Wednesday, with both Basra Heavy and Basra Medium crude recording major losses alongside a broader drop...
Does the Popular Mobilization Forces Restructuring Law Cover Retirement? The Parliamentary...
Member of the Parliamentary security and protection Committee, Ali Al-Bandawi, found out the reality about whether or not the famous Mobilization Forces' restructuring regulation...
The Prime Minister’s advisor reveals the truth about the public debt...
Iraq’s public debt remains at manageable levels and does not currently pose a major threat to the country's economy, according to Prime Minister's financial...
CBI auctions +$275 million in forex on Monday
The Iraqi National Bank's (CBI) deals of the US dollar outperformed $275 million in the money closeout on Monday.
As indicated by an authority explanation...
Economist: We are able to increase electricity production by establishing nuclear...
Iraq's ability to overcome the electricity generation crisis by moving toward the establishment of small nuclear reactors to generate energy was confirmed on Thursday...
MP: Liberation from American hegemony is the “first task” of the...
An Iraqi lawmaker says foreign influence is limiting the country’s ability to make its own decisions.
MP Hamid Abbas said continued US pressure on key...
Iraq’s bank deposits drop by over $7B in 2024
Iraq's banking region overall deposits declined through 9% in 2024, in step with a file launched on Thursday by way of the Iraq destiny...
Iraqi News
Iraq Launches $2.7bn Economic Stimulus Package
Iraq has unveiled a new economic stimulus package worth approximately IQD 3.5 trillion ($2.7 billion), aimed at supporting housing, industry, agriculture, contractors, and long-term...
EU-Iraq Trade and WTO Accession Talks
Iraq's Minister of Trade, Mustafa Nizar Jumaa, met with European Union Ambassador Clemens Smettner in Baghdad to discuss ways to strengthen trade and investment...
The dollar continues its rise… a new increase in exchange rates.
The US dollar recorded another increase against the Iraqi dinar on Tuesday in both Baghdad and Erbil markets, continuing the recent upward trend in...
New positions amid a financial crisis: Four deputy prime ministers open the file on...
Iraq continues to face a difficult financial situation due to lower oil exports, which remain the country's main source of revenue for salaries, government...
The coordinating framework calls for disengagement from Washington; diversifying investment and armaments is a...
The Coordination Framework has called for Iraq to reduce its economic and military dependence on the United States, urging the government to diversify its...