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...

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...

Gold holds steady ahead of Fed decision

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Gold prices were mostly unchanged on Tuesday after falling to their lowest level in more than a month during the previous trading session. Investors...

4 million barrels per day… Oil Ministry reveals Iraq’s export rate...

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Iraq’s Ministry of Oil said that the country’s average crude oil exports during September have been around 2.6 million barrels per day. The ministry issued...

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...

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...

Releases from the Mosul Dam decreased by 100 m³/s, and the...

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Sources said on Thursday that water releases from Mosul Dam into the Tigris River have been reduced by 100 cubic meters per second after...

Gold rises more than 1% as investors digest the Fed’s decision

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Gold prices moved higher by more than 1% on Thursday as investors reacted to the U.S. Federal Reserve’s latest interest rate decision and its...

Parliamentary Finance Committee: Threat of sanctions is political blackmail and a...

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Former member of the Parliamentary Finance Committee, Mueen Al-Kadhemi, said that recent American threats of possible economic sanctions against Iraq amount to political pressure...

Iraq-Turkey Deal on Transport Infrastructure Development

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Iraq and Turkey have completed a draft framework agreement aimed at developing transport infrastructure between the two countries, with representatives from both sides signing...

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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

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...