An economist says the 2027 budget may become just ink on paper.
Economic expert Abdul Rahman al-Mashhadani warned that Iraq may struggle to finalize and implement its 2027 budget amid ongoing regional tensions, the U.S.-Iran conflict,…
Iraqi News & Economy Updates – Page 17
Latest Iraqi News posts
Gold at $4304 and silver at $63.6… Precious metals prices decline
Precious metals prices declined in global markets on Wednesday, with spot gold falling 0.6% to $4,304.01 per ounce, while U.S. gold futures for December…
A fire breaks out in one of the units of the largest power plant in Dhi Qar, and the Civil Defense intervenes.
A fire that broke out in one of the main units at the Nasiriyah power station has been brought under control, with no injuries…
Al-Saad accuses the Ministry of Finance of negligence in delaying the contracts for 38,000 job positions in Basra.
Basra MP Suzan Al-Saad has criticized the Ministry of Finance over delays in completing contracts for 38,000 teaching positions within the Basra Education Directorate,…
Oil prices rise… Brent at $95.40 and West Texas Intermediate at $90.66
Oil prices continued to rise in early Wednesday trading, building on strong gains from the previous session. Brent crude futures increased by 75 cents,…
Mercedes-Benz Signs MoU with Erbil Chamber of Commerce
Mercedes-Benz Iraq has signed a memorandum of understanding (MoU) with the Erbil Chamber of Commerce and Industry aimed at strengthening cooperation between the private…
Gold prices have declined globally.
Gold prices edged lower in global markets on Tuesday, while U.S. gold futures posted a modest gain, reflecting mixed sentiment among investors as they…
Al-Zaydi directs that private generators be supplied with fuel at a subsidized price for the month of September
Prime Minister Ali Faleh al-Zaidi has directed the supply of subsidized fuel to private electricity generators throughout September in an effort to support power…
Oil surpasses $91 globally
Oil prices rose in global markets on Tuesday, extending gains from the previous session as investors continued to monitor risks affecting energy supplies and…
Al-Kinani warns of an American-Zionist plot to instigate internal fighting.
Security expert and retired Brigadier General Adnan al-Kinani warned of what he described as attempts by external actors to exploit Iraq’s internal challenges and…
Kanun’s Illumination: Political entities are preventing the accountability of Ministry of Trade officials.
Iraqi MP Ahmed Majeed of the Ishraqa Kanoun bloc has accused influential political groups of obstructing Parliament's oversight role by preventing several Ministry of…
Gold falls to its lowest level in two weeks
Gold prices extended their decline on Monday, falling to their lowest level in nearly two weeks as selling pressure continued across precious metals markets.…
Iraq PM Chairs Meeting on Strategic Export Pipeline Projects
Iraq is moving forward with plans for two major crude oil export pipeline projects as part of its strategy to strengthen energy infrastructure and…
Plans Advance for Al-Tayeb Economic City
Plans for the Al-Tayeb Economic City project in Iraq's Maysan province have taken another step forward after officials met to review the water infrastructure…
Production Target Announced for Akkas Gas Field
Iraq is aiming to significantly increase natural gas production from the Akkas gas field, with plans to raise output to 400 million standard cubic…
Iraq and Australia Eye Closer Trade and Investment Ties
Iraq has taken another step toward improving its water infrastructure after signing a memorandum of understanding with the Japan International Cooperation Agency (JICA) to…
Iraq-Japan Water Sector Agreement Signed
Iraq has signed a new memorandum of understanding with the Japan International Cooperation Agency (JICA) aimed at developing the country's water sector and improving…
Customs foils attempt to smuggle (83) thousand US dollars at Baghdad International Airport
Iraqi customs authorities have foiled an attempt to smuggle $83,000 through Baghdad International Airport, according to a statement issued by the General Authority of…
The Iraqi economy is in danger… A member of parliament warns of the repercussions of corruption and mismanagement.
Iraqi MP Abdul Hamza Al-Khafaji has warned that corruption and poor management across state institutions continue to damage the country's economy and weaken government…
Parliament under fire: Laws affecting the lives of Iraqis are absent, and regular sessions are repeated without resolution.
Many Iraqis are still waiting for laws that could improve their daily lives, but parliament continues to hold regular sessions without passing major legislation…
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