Can Oil Deals Reset US-Iraqi Relations?

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As Iraq and the United States move into a new stage of their relationship, oil is becoming an increasingly important part of the conversation. During...

7 years repayment period… Al-Rasheed launches loans for purchasing solar energy...

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Al-Rasheed Bank announced on Sunday the launch of a new loan program for the purchase of renewable energy and solar power systems, financed through...

Mosul Dam increases its releases… Tigris River level rises within 24...

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Water releases from Mosul Dam into the Tigris River have been increased from 700 to 800 cubic meters per second, according to an informed...

World Bank discusses Automation and Financial Reform in Iraq

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Iraq’s Ministry of Finance held discussions with a World Bank delegation on financial reform efforts, automation projects and the development of modern financial management...

Sulaymaniyah Summit Focuses on Investment and Economic Diversification

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Iraq’s President Nizar Amedi and Kurdistan Region President Nechirvan Barzani took part in the Slemani Economic Summit for Investment and Development held in Sulaymaniyah...

The 2027 budget is facing comprehensive parliamentary scrutiny… Al-Shammari: No crises...

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Member of the Parliamentary Finance Committee, Mohammed Al-Shammari, said the draft 2027 federal budget law will undergo detailed technical review and auditing once it...

Release of 52 billion dinars in dues owed to farmers in...

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The local government of Anbar announced on Friday the release of a new batch of payments for farmers who marketed their wheat crop during...

Suspected sabotage severs Iraq’s Haditha-Baiji power line

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An electricity transmission line connecting Haditha and Baiji was cut after one of its towers was reportedly blown up, according to Saad Ghazi al-Mohammadi,...

Iraq informs the World Bank: We are proceeding with automation projects...

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Iraq’s Finance Minister Faleh Sari said Thursday that the ministry is moving forward with financial automation projects and taking steps to put them into...

The oil and gas law: Iraq’s wealth held hostage by political...

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Iraq’s long-delayed oil and gas law remains unresolved after years of political and technical disagreements in parliament. The law is important because it would...

Gold rises as the dollar and oil prices weaken, and markets...

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Gold prices edged higher on Friday as lower oil prices and a weaker U.S. dollar provided support, while investors continued to monitor developments in...

Oil prices fell for the third consecutive session amid easing concerns...

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Oil prices continued to decline on Friday, marking their third straight session of losses, as worries about disruptions to Saudi oil supplies eased even...

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Iraqi News

Gas Investment Plans Reviewed for Nahr Bin Umar Field

Gas Investment Plans Reviewed for Nahr Bin Umar Field

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Iraq is moving ahead with plans to develop associated gas at the Nahr Bin Umar oil field in Basra province. The project was discussed...
CBI Rebuffs Speculation Over Foreign Currency Reserves

CBI Rebuffs Speculation Over Foreign Currency Reserves

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The Central Bank of Iraq (CBI) has confirmed that its foreign currency reserves remain strong and are fully capable of meeting the country's demand...
Al-Saadi: There is no decision to raise the exchange rate at present... but financial pressures may bring the issue back to the forefront.

Al-Saadi: There is no decision to raise the exchange rate at present… but financial...

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Former MP Baqir Al-Saadi said there is currently no government decision to raise Iraq’s official dollar exchange rate, despite recent concerns caused by fluctuations...
Parliamentary Finance Committee: Contract regularization is not an achievement without guaranteeing employee salaries

Parliamentary Finance Committee: Contract regularization is not an achievement without guaranteeing employee salaries

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Former Parliamentary Finance Committee member Mohammed Ibrahim has criticized the government's approach to preparing the upcoming budget, saying it appears to be repeating the...

Budget preparation: A repetition of past scenarios or a genuine solution to current crises?

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Iraq is getting ready to prepare its 2027 budget and send it to Parliament in October for discussion, changes, and approval. But there are...