Iraq-Korea Business Council Talks on Economic and Trade Ties

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Iraq’s Ministry of Trade has held discussions with the Iraq-Korea Business Council as both sides look to strengthen economic and trade ties and support...

Iraq exports over 5 million barrels of oil to US in...

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The US Energy Data Organization (EIA) said on Saturday that Iraq's oil products to the US outperformed 5,000,000 barrels during May. As per the EIA,...

Oil prices fell as the market awaited the outcome of US-Iranian...

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Oil prices moved lower on Wednesday after strong gains in the previous session, as investors waited for updates on talks between the United States...

EBRD discusses Opportunities with Iraqi Chambers of Commerce

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Earlier this week, the President of the Federation of Iraqi Chambers of Commerce (FICC), Mr. Abdul Razzaq Al-Zuhairi, welcomed a group from the European...

Iraq unveils solar-powered green taxi initiative to drive EV transition

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Iraq is moving forward with plans to introduce electric vehicles through a new pilot project called the Green Taxi Initiative, a joint effort between...

$4322 an ounce… Gold retreats after strong gains

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Gold prices slipped on Monday after reaching their highest level in seven weeks during the previous session. Spot gold fell by 0.5% to around $4,322.28...

Baghdad, KBR discuss developing Iraq’s gas output

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On Thursday, Mohammed Shia Al-Sudani, the Prime Minister of Iraq, and KBR, a US-based company that works in the fields of science, technology, and...

Iraq Launches Water Initiative to Safeguard Tigris and Euphrates

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prime Minister Mohammed Shia Al-Sudani has released the nearby Initiative to guard the Tigris and Euphrates Rivers under the slogan "Our Water… Our future,"...

Is election money turning into a new gateway for looting the...

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With the launch of the propaganda campaigns for the imminent parliamentary elections, the phenomenon of large economic spending via some political blocs has emerged,...

Labor announces the launch of social assistance for the month of...

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The Service of Work and Get-togethers declared today, Sunday, the send off of the social help compensation for the ongoing month of June for...

Dollar opens lower in Baghdad, higher in Kurdistan markets

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On Saturday, the US dollar opened weaker in Baghdad but edged up slightly in the Kurdistan Region, according to a Shafaq News market survey. In...

Chinese Firm signs Contract for Integrated Energy Project

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Iraq's Ministry of Oil has signed a primary agreement for the South Basra included assignment with a consortium comprising China's Geo-Jade Petroleum and Iraq's...

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Iraqi News

Iraq Launches $2.7bn Economic Stimulus Package

Iraq Launches $2.7bn Economic Stimulus Package

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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

EU-Iraq Trade and WTO Accession Talks

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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 dollar continues its rise… a new increase in exchange rates.

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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 privileges.

New positions amid a financial crisis: Four deputy prime ministers open the file on...

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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 priority.

The coordinating framework calls for disengagement from Washington; diversifying investment and armaments is a...

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The Coordination Framework has called for Iraq to reduce its economic and military dependence on the United States, urging the government to diversify its...