BP in talks to invest in three new oil projects in...

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Informed economic sources disclosed on Monday that the energy giant British Petroleum (BP) is in talks to invest in three new Iraqi projects. "The company...

Foreign remittances in Central Bank sales exceed 89%

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overseas transfers within the significant bank’s income reached more than 89%, today, Monday. The financial institution sold in its auction nowadays 298 million 486 thousand...

Iraqi-Egyptian Economic Forum to Strengthens Trade, Investment

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prime Minister Mohammed S. Al-Sudani and Egyptian high Minister Dr. Mostafa Madbouly participated inside the Iraqi-Egyptian financial discussion board, attended by 300+ commercial enterprise...

Al-Husseini: Billions of dinars flow monthly to corrupt contractors

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Former Iraqi MP Yasser al-Husseini said that Iraq has a real opportunity to strengthen and revive its economy by tackling corruption, removing corrupt officials,...

Electricity Executive Jailed for Bribery

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The director-general of the Middle Euphrates Electricity Production Company and one of the company’s employees have been sentenced to six years in prison after...

Gold is heading for its third weekly loss as the dollar...

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Gold prices moved lower on Friday and are on track for a third straight week of losses as a stronger U.S. dollar and expectations...

Next Monday, Parliament will hold a session to amend the Provincial...

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A parliamentary source found out on Saturday that the Council of Representatives intends to hold a normal session subsequent Monday, that specialize in discussing...

In six months, the Ministry of Education recovers 5 billion dinars...

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The Ministry of training discovered, on, that it had recovered financial sums exceeding 5 billion Iraqi dinars to the state treasury at some point...

Iraq nears gasoline self-sufficiency with $3.75 billion Basra refinery upgrade

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Iraq is about to reach a major milestone — full self-sufficiency in gasoline production.Oil Minister Hayan Abdul Ghani announced that the country will soon...

Dollar prices drop in Baghdad and Erbil

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The US dollar's value relative to the Iraqi dinar decreased somewhat on Wednesday in the marketplaces of Baghdad and Erbil. The inauguration of the primary...

Basrah crude records weekly gains amid global oil rebound

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Iraq's Basrah crude grades published stable weekly profits of over 2% as international oil fees rebounded, supported by using renewed optimism over US-China trade...

Exchange companies announce a “general strike” in all Iraqi governorates

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In Baghdad, the capital, the Coordination Committee for Exchange Companies Demonstrations announced a general strike. "Given the insistence of the Central Bank of Iraq on...

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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...