Oil prices fall on report of record IEA reserve release
Oil prices dipped on Wednesday after reports that the dinaropinions.com may release a large amount of oil from its emergency reserves. The goal is...
The Badr Bloc calls for a review of the “security agreement”...
The spokesperson for the Badr parliamentary bloc, Hamid al-Moussawi, called on Tuesday for a full and immediate review of the security agreement signed with...
CBI Opens Bidding for IT Equipment Contract
The Central Bank of Iraq has announced a new public tender to supply computer equipment for the bank.The project is estimated to cost about...
Private Sector Council Reviews Economic Stability Measures
The Private Sector Development Council in Iraq held its second meeting to talk about the latest economic changes and how to keep the country’s...
Dollar prices rise slightly in Baghdad, Erbil and Basra
Currency exchange markets stayed mostly calm on Tuesday, with the US dollar rising slightly against the Iraqi dinar in several major cities across Iraq.In...
An economic expert says Iraq has the lowest oil storage capacity...
Economic expert Nabil Al-Marsoumi said on Tuesday that Iraq has the smallest oil storage capacity among the Gulf countries. According to him, the country...
Oil prices jump to $118 a barrel following military tensions in...
Global oil prices jumped sharply on Monday, rising by nearly 30% as military tensions in the Middle East increased and markets reacted to fears...
Gold prices fell globally as the dollar strengthened and inflation fears...
Gold prices dropped in global markets on Monday, falling by about 2% as the US dollar climbed to its highest level in three months.Reports...
The IMF warns of the repercussions of the “Middle East crisis”...
Kristalina Georgieva has warned that the ongoing tensions in the Middle East could create new problems for the global economy.Speaking on Monday, the head...
Gulf Power Interconnection with Iraq Nears Launch
The Ministry of Electricity says the Iraq-Gulf electricity connection project is almost ready to start working. The project will first provide about 500 megawatts...
CBI Says Foreign Reserves Cover 12 Months of Imports
The Central Bank of Iraq recently held an emergency meeting to talk about the country’s economic and financial situation. The board gathered to review...
Oil products: Reports of gas being transferred to Kurdistan are false,...
The Oil Products Distribution Company denied on Sunday reports circulating online that cooking gas is being transferred to the Kurdistan Region.In a statement received...
Iraqi News
Digital IQD Proposal targets $7-12bn Economic Gains
Cylinder Seal presents a very ambitious idea: use a digital Iraqi dinar not just as a payment tool, but as an engine to push...
Basrah crudes lead regional oil benchmarks
Iraq’s Basrah crude prices slipped slightly on Thursday, with both Basrah Heavy and Basrah Medium down about 0.5%.Basrah Heavy fell 56 cents to $111.94...
Al-Tamimi: Freezing Iraqi funds in New York violates sovereignty and contravenes international conventions.
Legal expert Ali al-Tamimi said reports about the US withholding Iraqi funds raise serious concerns about financial sovereignty and legal agreements governing those funds.He...
30 MPs in the Sudanese bloc threaten to withdraw if Al-Awadi is nominated for...
An informed source says tensions are rising inside Iraq’s Reconstruction and Development bloc over the choice of the next prime minister.According to the source,...
Kurdish opposition figure: The region’s finance ministry stole 5 trillion dinars allocated for job...
Independent Kurdish politician Saman Ali has made serious allegations against the Kurdistan Regional Government’s finance ministry, claiming more than 5 trillion dinars meant for...