KRG Deputy Minister “Calls Iraq’s Development Road Project Unfair”
The Kurdistan Regional Government (KRG) has raised concerns over Iraq's $17 billion Development Road project, saying its current route does not properly include Kurdish-populated…
Iraqi News & Economy Updates – Page 2
Latest Iraqi News posts
Parliamentary move to legislate laws protecting children and regulating union work
Inam al-Ubaidi, a member of the Parliamentary Committee on Labor and Civil Society Organizations, said on Saturday that the committee has proposed a package…
Parliamentary movement to collect signatures to ensure fairness for population census contracts and their inclusion in the 2027 budget
MP Salah al-Zuhairi announced on Saturday that a parliamentary initiative is underway to collect signatures to include census contract workers in Iraq’s 2027 budget.…
Al-Haboubi: Rationalizing government spending begins with reducing the salaries of senior officials.
Economic expert Hashim al-Haboubi called on the Iraqi government on Saturday to review the tax system, saying higher taxes on goods and commodities have…
Al-Marsoumi: Raising the Iraqi-Chinese agreement’s quota to 175,000 barrels of oil per day
Economic expert Nabil Al-Marsoumi said on Saturday that Iraq’s 2027 budget includes an additional 25,000 barrels of crude oil per day for the Iraqi-Chinese…
Iraqi-Egyptian Water Management Talks
Iraq’s Minister of Water Resources, Muthanna Ali Mahdi Al Tamimi, met with Egypt’s Minister of Water Resources and Irrigation, Dr. Hani Sewilam, during the…
Gold prices fell in Asian markets amid expectations of a US interest rate hike.
Gold prices fell in early Asian trading on Friday after losing more than 1% in the previous session. Continued high inflation in the United…
Oil nears $118 a barrel amid fears of renewed US strikes on Iran
Oil prices rose on Friday as concerns grew that the United States could resume military strikes against Iran, raising fears of renewed conflict in…
Iraq signs gas capture agreement with US firm Morgan Hughes
US-based Morgan Hughes Energy has signed a memorandum of understanding (MoU) with Iraq’s General Company for Carbon Economics (GCCE) to develop projects that will…
Iraq to issue licenses for digital banks in early 2028
The Central Bank of Iraq (CBI) has confirmed that final licenses for digital banks are expected to be issued by the end of 2027…
Iraq’s Development Road will provide 100,000 job opportunities
Iraq’s Ministry of Transport announced on Wednesday, October 28, 2026, that the engineering designs for the strategic Development Road project are nearing completion. The…
At the close of trading, the dollar exchange rate stabilized in Baghdad but rose in Erbil.
The US dollar remained stable in Baghdad markets on Wednesday afternoon, while it rose in Erbil by the end of trading. In Baghdad’s Al-Kifah…
The Popular Mobilization Forces Law is caught in the crossfire of disputes… Why did the government withdraw it from parliament?
There are growing questions about why the Iraqi government withdrew the Popular Mobilization Forces (PMF) law from Parliament. Parliamentary sources say disagreements over several…
Beyond oil: An economist reveals Iraq’s options for maximizing revenues
Economic expert Safwan Qusay explained on Thursday how Iraq can improve its budget, increase government revenue, and boost economic growth. Speaking to Dinar Opinions,…
New $900m Residential City Approved for Basra
An investment licence has been approved for the Mawten Basra Residential City project in Basra, with a total investment of more than 1.4 trillion…
Parliamentary movement to ensure fairness for contract workers and to include their rights in the 2027 budget
MP Jassim Al-Alawi said a broad parliamentary effort is underway to protect the rights of contract workers and daily wage earners in Iraq’s 2027…
Parliamentary Finance Committee: The devaluation of the dinar reflects the government’s inability to increase revenues.
Former parliamentary Finance Committee member Muhammad Ibrahim said Iraq’s proposed 2027 budget contains inflated figures. He noted that the 2025 budget data stood at…
Oil prices fluctuate: global rise, Basra crude falls
Basra Heavy and Basra Medium crude oil prices fell sharply in global markets on Wednesday, even as international oil prices climbed and Brent crude…
Al-Rafidain Bank announces the opening of applications for the second batch of electronic loans.
Al-Rafidain Bank announced on Wednesday that it has opened applications for the second batch of electronic loans for employees and retirees who receive their…
Al-Fariji: The revenue generated from the change in the exchange rate does not represent a profit.
Crisis expert Ali Al-Fariji said the extra revenue generated by raising the dollar exchange rate against the Iraqi dinar does not mean the government…
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