Iraq and Lebanon Move Towards Maritime Transport Agreement
Iraq and Lebanon are advancing plans to strengthen cooperation in the maritime sector through a proposed memorandum of understanding that is currently undergoing ministerial…
Iraqi News & Economy Updates – Page 16
Latest Iraqi News posts
Iraqi and Indian Chambers Sign Trade Cooperation Agreement
Iraq and India have signed a memorandum of understanding aimed at strengthening trade relations and expanding cooperation between the private sectors of both countries.…
MP: Debt accumulation, mismanagement, and corruption are behind Iraq’s economic crisis
Member of Parliament Murtadha Afween warned that Iraq is facing a deep and increasingly complex economic crisis, attributing the situation to mounting domestic and…
Iraqi oil graduates protest over lack of jobs
Graduates of Iraq’s petroleum institutes staged a protest outside the Ministry of Oil in Baghdad on Sunday, calling on the government to provide employment…
Mehdi: Parliament is preparing to finalize important laws in the coming period.
Member of Parliament Hussein Mahdi said Parliament is intensifying efforts to pass several key pieces of legislation in the coming period, with the Popular…
The parliamentary finance committee reassures employees: Your salaries are fully secured and there are no problems with their disbursement.
The Parliamentary Finance Committee has reaffirmed that responsibility for managing and disbursing employee salaries rests with the Prime Minister and the Ministry of Finance,…
Kurdish politician: US withdrawal from Kurdistan is a media lie
Independent Kurdish politician Haval Didar criticized what he described as the Kurdistan Regional Government’s promotion of the slogan “One Iraq,” calling it a political…
Removing zeros from the dinar: Parliamentary Finance Committee sets conditions for proceeding with this matter.
Member of the Parliamentary Finance Committee, Amer Rahim, said that any proposal to remove zeros from Iraq’s currency requires extensive legislative and economic preparation,…
MP: The money recovery law represents a new beginning in the fight against corruption
Member of Parliament Mohammed Karim said the proposed Asset Recovery Law could become one of Iraq’s most important anti-corruption measures, providing a clearer framework…
Releases from the Hamrin Dam have increased by more than 20%, revitalizing the Diyala River basin.
Water releases from the Hamrin Dam into the Diyala River basin have increased by more than 20% as part of preparations for the upcoming…
Record August for TIR Transit Journeys in Ira
Iraq recorded 1,754 cross-border transit trips under the TIR (Transports Internationaux Routiers) system during August, reflecting continued growth in international road freight movement through…
Iraq awaits its 2027 budget… assurances that it will focus on securing expenditures and addressing some economic issues.
Iraqis are closely watching the 2027 federal budget as the country faces growing financial pressures and questions about the government's ability to cover its…
An economic expert confirms Iraq’s need for a company specializing in debt purchasing.
Economic expert Dr. Safwan Qusay has stressed the need for Iraq to establish a specialized debt-purchasing company as part of broader efforts to address…
Gold holds near record highs as the world awaits US jobs data.
Gold prices were little changed on Friday and remained on track for modest weekly gains as investors waited for key U.S. jobs data that…
Oil is on track for its biggest weekly gain since July amid escalating tensions in the Middle East.
Oil prices moved higher on Friday and are on track for their strongest weekly gains since mid-July as renewed tensions between the United States…
Customs Automation Push: ASYCUDA Expansion and Pre-Payment Plans
Iraq is moving forward with plans to modernize its customs system, with officials reviewing ways to expand automation and introduce pre-payment of customs duties.…
Iraq’s Strategic Oil Production Plan for 2027-2030
Iraq aims to increase its oil production capacity to around 10 million barrels per day by 2030 under a new strategic plan covering the…
Mosul Dam releases are stable; resources settle the debate over raising them to 1000 m³ per second.
Water releases from Mosul Dam into the Tigris River basin have remained stable at 850 cubic meters per second for the fourth consecutive day,…
Gold rises to $4409 per ounce
Gold prices moved higher in global markets on Thursday, with spot gold rising 0.5% to $4,409.97 per ounce, while U.S. gold futures gained 0.9%…
USD/IQD edges higher in Baghdad, steady in Erbil
The U.S. dollar traded mixed against the Iraqi dinar on Thursday, remaining near 154,500 dinars per $100 in local markets. In Baghdad, the dollar…
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