Four banks account for more than 50% of the size of...
According to the Future Iraq Foundation for Economic Studies and Consultations, four private-sector banks now account for more than half of Iraq's banking industry.
According...
The Ministry of Finance denies canceling contracts for 150,000 job positions.
Iraq’s Ministry of Finance has denied reports claiming that 150,000 three-year budget contracts have been cancelled.
In a statement, the ministry said the news is...
Brent crude maintains its gains in global trading
Global oil prices remained mostly stable in Sunday morning trading as international markets and exchanges stayed closed for the weekend.
Brent crude futures held steady...
Al-Sadiqoun responds to Saudi Arabia and Kuwait regarding Khor Abdullah and...
The Sadiqoun parliamentary caucus demanded today, Thursday, that Kuwait and Saudi Arabia uphold Iraq's sovereignty and that the government act to protect Iraq's maritime...
A representative calls for amendments to the 2024 budget tables
On Tuesday, Delegate Salem Al-Anbaki called for significant changes to the 2024 financial plan tables.
Al-Anbaki said in a meeting with , "The 2024 financial...
Economist: Lowering interest rates encourages investment but carries caveats
Expert in economics Salah Nouri confirmed today, Sunday, that one of the primary tools of monetary policy that the Central Bank uses to influence...
NGC updates on Gas Production in Kirkuk
The Deputy Minister of Oil for fuel Affairs, Mr. Ezzat Saber Ismail, announced that North gasoline employer's funding in associated gas has reached 410...
Releases from the Hamrin Dam have increased by more than 20%,...
Water releases from the Hamrin Dam into the Diyala River basin have increased by more than 20% as part of preparations for the upcoming...
Remittances of currency abroad surpass $226 million in CBI’s auction
Settlements of cash abroad in the National Bank of Iraq's (CBI) closeout rose to $226 million on Thursday, contrasted with settlements that occurred on...
Kurdistan Region receives nearly 500 billion dinars for civil servant salaries
The Federal Government placed 421 billion and 760 million dinars in the Kurdistan Region's Ministry of Finance and Economy's bank account on Tuesday in...
Removing Zeros from the Iraqi Currency: Talk Returns and Possibility of...
Some nations perform the procedure of removing zeros from a currency in order to revalue the national currency and make financial transactions simpler. This...
Basra-Ceyhan Pipeline Proposal Back Under Consideration
A proposed pipeline connecting southern Iraq’s oil fields to Turkey’s Ceyhan port is again drawing attention as a possible way for Iraq to expand...
Iraqi News
Illegal Currency Network Dismantled as Dinar Weakens
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
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 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
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
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...