Iraq Upgrades Border Trade Yards
Iraq has launched the second phase of a project aimed at developing commercial exchange yards at its land border crossings with neighboring countries, as…
Iraqi News & Economy Updates – Page 18
Latest Iraqi News posts
Chinese Solar Plant in Muthanna: 750MW Planned
A major solar energy project in Iraq’s Muthanna province is moving ahead after discussions between the Ministry of Electricity and Chinese company PowerChina on…
Diyala settles the debate regarding the submerged dam… a project that residents have been waiting for for years.
The Diyala Provincial Council has denied reports claiming that the Ministry of Water Resources has abandoned plans to build a submerged dam on the…
Basra crude suffers weekly losses of more than $5 per barrel
Basra crude oil prices ended the week with noticeable losses, despite posting gains in the final trading session, as global oil markets remained under…
Parliamentary movement to secure contracts and daily wage workers within the 2027 budget
Member of the Parliamentary Finance Committee, Mohammed Hadi, revealed on Saturday that lawmakers are working to secure permanent employment opportunities for contract and daily…
Al-Salihi: Saudi Arabia seized an Iraqi oil pipeline more than 40 years ago
Ahmed Abdul Sattar Al-Salehi, a member of the Anbar Alliance, said on Friday that Saudi Arabia has been controlling an Iraqi oil pipeline for…
Iraq-Germany Partnership for Integrated Waste Management
Iraq has signed a new partnership agreement with German company Sutco RecyclingTechnik GmbH to develop an integrated waste management system, with support from the…
The dollar is holding steady near a one-week high ahead of the Federal Reserve chairman’s speech in Jackson Hole.
The US dollar stayed close to its highest level in a week on Friday as investors waited for comments from Federal Reserve Chairman Kevin…
Gold prices are declining as the world awaits comments from the US Federal Reserve at Jackson Hole.
Gold prices moved lower on Friday as investors waited for comments from Federal Reserve Chairman Kevin Warsh at the Jackson Hole symposium. Traders are…
Oil prices are declining and heading towards ending two weeks of gains amid anticipation of developments in the Iranian issue.
Oil prices moved lower on Friday and are now on track to end a two-week run of gains. The drop comes as uncertainty continues…
CBI Denies Reports of New Redenominated Currency
The Central Bank of Iraq has denied reports claiming that it is printing new banknotes with zeros removed as part of a planned currency…
Egypt and Iraq in Talks to Expand Digital Cooperation
Egypt and Iraq have discussed ways to strengthen cooperation in digital transformation, artificial intelligence, and telecommunications during high-level talks held in Cairo. Iraq’s Minister…
Al-Fariji: Iraq is facing a liquidity crisis, and the proposed solutions are “emergency” measures.
Crisis management expert Ali al-Fariji said on Thursday that Iraq is facing a serious liquidity crisis, warning that the solutions currently being discussed are…
Releases from the Mosul Dam decreased by 100 m³/s, and the Tigris River levels declined.
Sources said on Thursday that water releases from Mosul Dam into the Tigris River have been reduced by 100 cubic meters per second after…
Basra Heavy and Medium crude oil prices fell by more than 4%
Iraqi crude oil prices moved lower in global markets on Thursday, with both Basra Heavy and Basra Medium recording noticeable declines alongside a broader…
Anton Oil Reports Revenue Decline in Iraq
Chinese oilfield services company Anton Oil reported weaker results from its Iraq operations during the first half of 2026, with regional instability and contract…
AI Training Partnership Between CMC and Zain Iraq
Iraq's Communications and Media Commission (CMC) has teamed up with Zain Iraq to launch a six-month training program focused on artificial intelligence and its…
Electricity Executive Jailed for Bribery
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…
The dollar declined in Baghdad, and prices stabilized near 154,000 dinars.
The US dollar edged lower against the Iraqi dinar in Baghdad and Erbil markets on Wednesday morning. In Baghdad, the dollar was trading at…
Gold prices fall in Baghdad and Erbil
Gold prices moved lower on Wednesday in the local markets of Baghdad and Erbil, with prices dropping across all gold categories. In Baghdad’s wholesale…
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