MP: Proposed leave law aims to reduce operational expenses

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Iraqi MP Hayam Al-Yasiri said the proposed leave law is closely linked to the financial challenges facing the country and is intended to help...

Parliamentary committee warns of public discontent due to declining electricity supply.

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A member of Iraq’s Parliamentary Electricity Committee has warned that public frustration could grow as electricity supply hours continue to decline across the country. Riyadh...

Gold extends gains and nears $4,500 an ounce

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Gold prices moved higher on Wednesday, with gold futures reaching $4,462.32 per ounce. That was an increase of $21.22, or 0.48%, as investors continued...

Dollar moves above 153,000 IQD in Baghdad, Erbil

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The US dollar started Wednesday a little higher in Iraq, staying close to 153,000 dinars per 100 dollars. In Baghdad’s Al-Kifah and Al-Harithiya currency exchanges,...

State-owned factories: between sale and investment… Will assets become painkillers for...

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The Iraqi government's recent discussions about selling state-owned assets, especially factories and facilities belonging to the Ministry of Industry, have sparked growing criticism and...

Dana Gas Reports 47% Increase in Net Profit

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Dana Gas reported a strong first half of 2026, posting a net profit of AED 393 million ($107 million), marking a 47% increase compared...

Turkish Firm signs MoU for Smart Water Management

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Iraq's Ministry of Water Resources has signed a memorandum of understanding (MoU) with Turkish technology company Kolaysoft to strengthen cooperation in smart water resource...

An economist says selling state assets is a waste of public...

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Economic expert Hashim Al-Haboubi has warned against any plans to sell state-owned assets, especially factories and facilities belonging to Iraq’s Ministry of Industry, saying...

Brent crude hits highest level since the end of July

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Global oil prices surged sharply on Tuesday, with both major benchmarks posting strong gains as uncertainty continued to surround negotiations between the United States...

MP: More than $70 billion spent on electricity with no tangible...

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Iraqi MP Riyadh Adai said on Monday that the country’s electricity sector continues to face serious problems بسبب corruption and poor management, despite billions...

The dollar exceeds 152,000 dinars in Baghdad and Erbil

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The exchange rate of the U.S. dollar increased against the Iraqi dinar on Monday in both Baghdad and Erbil markets. In Baghdad’s Al-Kifah and Al-Harithiya...

Amid the salary and liquidity crisis, four new positions spark widespread...

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The decision by the State Administration Coalition to appoint four deputy prime ministers for Ali al-Zidi has sparked strong criticism among many Iraqis, especially...

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Iraqi News

Illegal Currency Network Dismantled as Dinar Weakens

Illegal Currency Network Dismantled as Dinar Weakens

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Iraqi authorities have dismantled an illegal currency exchange and money transfer network in Baghdad, arresting five suspects and seizing $240,000 in cash. According to the...
Oil Sector Talks for Iraqi PM in New York

Oil Sector Talks for Iraqi PM in New York

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Iraqi Prime Minister Ali Al-Zaidi held separate meetings in New York with representatives from U.S. oil companies HKN Energy and ExxonMobil to discuss investment...
The dollar is below 157,000 dinars in Baghdad and Erbil.

The dollar is below 157,000 dinars in Baghdad and Erbil.

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The US dollar continued to fall in Iraq's currency markets on Thursday, extending the downward trend that has been seen since the start of...
Al-Marsoumi: 23,000 employees in the Ministry of Electricity without certificates

Al-Marsoumi: 23,000 employees in the Ministry of Electricity without certificates

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Economic expert Nabil Al-Marsoumi has shared new figures highlighting the educational levels of some government employees in Iraq, based on data from the latest...
Foreigners' wages exceed those of Iraqis: Parliamentary committee reveals salary gap in oil projects

Foreigners’ wages exceed those of Iraqis: Parliamentary committee reveals salary gap in oil projects

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Iraq's Parliamentary Committee on Oil, Gas, and Natural Resources has raised concerns about the large gap between the salaries of Iraqi workers and foreign...